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BUSTED BY COSTS

NIFTY overnight (buy close, sell next open)

Futures · NIFTY futures · tested 2017-01 to 2026-10

The claim

Holding overnight made about +40,000 NIFTY points over 2015–24 while intraday lost.

Our test, after costs

−₹18.57 L

2017-01 to 2026-10 · 1 lot, historical lot sizes

As taught on futures, buying at the close and selling at the next open lost about ₹18.6 L on 1 lot after costs over ~10 years, every year negative.

8BUSTED

Algrow Reality Score

8/40
claim
0/30
profit
0/30
steady
Net, full test
−₹18.57 L
Worst drawdown
−₹18.70 L
Trades
2,408
Win rate
—

Size: 1 lot, historical lot sizes.

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How our test compares with the video

On the spot index the pattern reproduces (+32,668 points 2017–24). On futures most of it disappears: the spot open uses a stale price that cannot be traded, leaving ~1.5 points a night vs ~14 points of costs.

Worth knowing: With the intraday short added, the combined version lost about ₹40.7 L.

📈 Equity curve rules as taught, after costs2026-10-30 · −₹18.57 L · −₹18.71 L from peak

Underwater: how far below its best point the account was

2017-01-06worst −₹18.71 L2026-10-30

🎯 If you had started with ₹1 lakh on…

Drag to pick a start date. Trading the video's rules at 1 lot, historical lot sizes, not compounded. Weekly points.

2017-01-06

You'd have today

−₹17.59 L

Profit / loss

−₹18.59 L

Lowest point

−₹17.59 L

⚠️ The account would have been wiped out at some point — ₹1 lakh was not enough to survive the drawdown.

📅 Year by year — tap to dig in

Green years, red years — no hiding. 1 lot, rules as taught, after costs. Tap a year, then a month.

−₹76k’17−₹2.0L’18−₹1.7L’19−₹1.8L’20−₹25k’21−₹2.5L’22−₹1.1L’23−₹1.2L’24−₹3.0L’25−₹4.2L’26💥

🔥 Monthly heatmap

Every month in rupees (cells in ₹ thousand). 🏆 best and 💥 worst month are outlined. Tap a cell for its days.

JFMAMJJASONDYear
’17−76k
’18−2.0L
’19−1.7L
’20−1.8L
’21−25k
’22−2.5L
’23−1.1L
’24−1.2L
’25−3.0L
’26−4.2L
−1.9L+1.9L

🏆 Best month Feb 2021 ₹35k💥 Worst month Mar 2020 −₹1.9L

🎲 Winning vs losing days

2,408 days with a position · about 34% green

−₹20k₹0₹20k+

BEST DAY

₹48,237

2026-04-08

WORST DAY

−₹71,719

2025-04-07

The rules we tested

Buy NIFTY at the close and sell at the next day's open, every day. The video also pairs it with shorting from open to close.

Method and Reality Score

Full method: how we test

1-minute futures data, front-month contract rolled near expiry, real NSE lot size of each date, real broker charges incl. STT (0.05% from Apr-2026), exchange fees, stamp duty and GST, plus small slippage; signals on candle close.

  • 1-minute historical NSE/BSE option and futures data; each video's rules coded exactly as taught, with stated assumptions where the video left a gap.
  • Signals on a candle's close are filled at the next minute's open (unless the rules say otherwise); stops and targets are checked against each minute's high and low.
  • Real broker charges, STT, exchange fees, stamp duty and GST deducted on every order; lot size as it was on each trade date.
  • Results are per lot unless stated. No leverage, compounding or position sizing beyond the video's own rules.

Reality Score (0–100) = claim match (up to 40: matches 40, partly 25, fails after costs 8, not reproduced 0) + after-cost profit (up to 30: zero if it loses; more when total profit is large versus the worst drawdown) + steadiness (up to 30: share of profitable years, plus 5 if the latest year made money).

Questions people ask

Does the NIFTY overnight strategy work?

Not as taught, once real charges are included. As taught on futures, buying at the close and selling at the next open lost about ₹18.6 L on 1 lot after costs over ~10 years, every year negative. Tested on NIFTY futures, 2017-01 to 2026-10, after real costs. Reality Score 8/100.

What is the win rate of the NIFTY overnight strategy after costs?

We did not count a per-trade win rate for this one; the net result after real charges was −₹18.57 L with a worst drawdown of −₹18.70 L.

How much did it make or lose in the backtest?

Our test: −₹18.57 L after real costs. Over 2017-01 to 2026-10 (1 lot, historical lot sizes), the net after charges was −₹18.57 L and the worst fall from a peak was −₹18.70 L.

What exact rules were tested?

Buy NIFTY at the close and sell at the next day's open, every day. The video also pairs it with shorting from open to close.

How was the NIFTY overnight backtest done?

On 1-minute exchange data since 2017, signals filled at the next minute's open, with real broker charges, STT, exchange fees, SEBI fee, stamp duty and GST, and the lot size of each date. Rules exactly as taught; gaps we had to fill are stated. Full method on our How we test page.

Run it yourself — coming soon

These rules use features our public backtester can't express exactly yet, so we won't pre-fill an approximation. Build your own idea in the meantime.

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