Quantitative Research

Backtested Reports

Rigorous backtests on institutional-grade market data. Every number is real. Every assumption is disclosed. Every limitation is mentioned.

14 Reports Published
Bank Nifty vs Nifty: Which Is Better for Intraday Trading?
Nifty & Bank Nifty15 min read

Bank Nifty vs Nifty: Which Is Better for Intraday Trading?

Comparing Bank Nifty and Nifty 50 for intraday trading across volatility, expiry structure, capital requirements, and predictability. Data-driven analysis on which index suits your trading style.

NSE F&O Data2016–2026
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What Is Breakout Trading? I Tested Every Setup on Nifty — Here's What Actually Works
Intraday Trading15 min read

What Is Breakout Trading? I Tested Every Setup on Nifty — Here's What Actually Works

Unfiltered breakout entries on Nifty succeed only 42% of the time. We tested 12 months of data on opening range, consolidations, and key levels. Here's which breakouts actually work and why most traders get trapped.

Nifty 5012 months of Nifty intraday data
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What Is Trend Following in Trading? I Tested It on Nifty Data — Here's the Truth
Intraday Trading15 min read

What Is Trend Following in Trading? I Tested It on Nifty Data — Here's the Truth

Trend following has a 35-45% win rate but still profitable. We tested it on Nifty intraday data. Here's exactly why it works, why most traders fail at it, and what the data shows.

Nifty 50Nifty Intraday & Swing
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What Is Mean Reversion in Trading? I Backtested It on Nifty Data — Here's What I Found
Intraday Trading12 min read

What Is Mean Reversion in Trading? I Backtested It on Nifty Data — Here's What I Found

12 months of Nifty intraday data showed mean reversion near VWAP is a real tendency, but only with the right context. A data-driven look at when to fade the move and when to stand aside.

Nifty 50 · Options & Index Trading12 months of Nifty 5-minute intraday data
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What Actually Happens to Option Premium on Nifty Expiry Day
Options Trading14 min read

What Actually Happens to Option Premium on Nifty Expiry Day

100 weekly expiry sessions, minute-by-minute ATM and OTM data — how premium really decays on expiry day, when decay accelerates, and why directional correctness stops mattering after noon.

Nifty · NSE100 weekly expiries
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Best Time to Trade Nifty: 6 Years of 5-Minute Data Reveals the Truth
Intraday Trading20 min read

Best Time to Trade Nifty: 6 Years of 5-Minute Data Reveals the Truth

We analyzed 1,16,080 five-minute Nifty candles across 1,552 trading days (2020–2026) to find the best and worst times to trade intraday. The data exposes which slots have real directional edge, which are pure chop, and why 15:05 is the single most bullish slot of the entire trading day.

Nifty 502020–2026
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Theta Decay: The Hidden Tax That Drains Every Option Buyer's Account
Options Trading23 min read

Theta Decay: The Hidden Tax That Drains Every Option Buyer's Account

Theta is not just a Greek letter — it is a daily, automatic deduction from every option you hold. We break down exactly how much theta costs Indian traders in rupees, why it accelerates near expiry, and the 4 rules the profitable 7% use to stop it working against them.

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Algo Trading Without Coding in India: Honest Platform Comparison (2026)
Algorithmic Trading25 min read

Algo Trading Without Coding in India: Honest Platform Comparison (2026)

Zerodha Streak, AlgoTest, Tradetron, Dhan, Fyers — which no-code algo trading platform actually works for Indian retail traders in 2026? An independent, SEBI-aware comparison with honest verdicts on pricing, features, and the regulatory context every trader must understand.

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Algo Trading in India: Complete Beginner to Pro Guide (2026)
Algorithmic Trading24 min read

Algo Trading in India: Complete Beginner to Pro Guide (2026)

The only algo trading guide written specifically for Indian markets. Learn how to design, backtest and deploy your first algo strategy using Python, NSE data and SEBI-compliant broker APIs — from absolute zero to live execution.

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What Happens After Nifty's First 15-Minute Candle? (8+ Year Data Study)
Nifty & Bank Nifty14 min read

What Happens After Nifty's First 15-Minute Candle? (8+ Year Data Study)

We analyzed 2,148 Nifty trading sessions to find out what actually happens after the first 15-minute candle. Blind breakouts succeed only 52% of the time. Bearish opens reverse 64% of the time. Candle size is the real signal. Here is what 8+ years of data shows.

Nifty 502017–2026
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Trading Charges in India: The Silent Profit Killer Most Traders Ignore
Intraday Trading12 min read

Trading Charges in India: The Silent Profit Killer Most Traders Ignore

Every trade you place bleeds money through 6 different charges — before you even know if the trade worked. Here's the complete breakdown of STT, brokerage, GST, exchange fees, SEBI charges and stamp duty in India, with real numbers that will change how you think about trading costs.

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Best Intraday Breakout Strategy for Nifty 50 (8+ Year Backtest Results)
Backtesting Lab12 min read

Best Intraday Breakout Strategy for Nifty 50 (8+ Year Backtest Results)

We backtested the Opening Range Breakout strategy on Nifty 50 using 2,122 trades across 8+ years of real data. Win rate, profit factor, year-by-year breakdown, and filters that actually improve it — no opinions, just numbers.

Nifty 502017–2026
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Nifty Gap Down History: What Happens After a Panic Open? (10-Year Real Data Study)
Backtesting Lab17 min read

Nifty Gap Down History: What Happens After a Panic Open? (10-Year Real Data Study)

We analyzed 76 Nifty gap down events across 10 years (2016–2026). The data reveals something most traders never expect: gap down days are NOT automatically bearish intraday. Here's what actually happens.

Nifty 502016–2026
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Nifty Gap Up History: Do They Actually Fill? 10 Years of Real Data
Backtesting Lab13 min read

Nifty Gap Up History: Do They Actually Fill? 10 Years of Real Data

We analyzed every Nifty trading session from 2016 to 2026 — 2,532 sessions, 85 gap up events. What happens after Nifty opens 1% higher? The data reveals findings most traders never expect.

Nifty 502016–2026
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