5.1% a Month, Net of Costs: 120 Live Trading Days of a RELIANCE Intraday Algo

Oct 6, 2026 · @Madhu Babu Kamepalli

A fully automated intraday strategy in one stock, RELIANCE, has made ₹8,929 net on ₹25,000 of capital since going live on Tradetron on 21 April 2026. That is 35.72% in 168 calendar days, an average of 5.1% a month after statutory charges. Every figure here comes from the live deployment’s own Tradetron report, pulled on the morning of 6 October 2026.

The headline numbers

Measure	Result
Capital deployed (margin)	₹25,000
Net P&L after charges	₹8,929
Net ROI	35.72%
Average monthly net ROI	5.1% (₹1,276 a month)
Positive months	5 of 7
Trading days	120
Worst fall from peak	17.72% (₹5,611)
Tradetron report grade	A, “Robust”

The account is at an all-time equity high as of this report. The record also includes a two-month drawdown, and this post covers that in the same detail as the gains.

5.1% a month, net

The average month returned ₹1,276 on ₹25,000 of capital, which is 5.1% after charges.

That average is spread across seven calendar months, two of them partial. Measured over the 168 days actually elapsed, about five and a half months, the pace is closer to 6.5% a month.

The range around the average is wide. The best month made ₹4,042 and the worst lost ₹2,221, so 5.1% describes an average across uneven months, not a steady monthly income. All returns here are simple returns on a fixed ₹25,000, with no compounding.

Profitable while the stock fell

RELIANCE itself lost ground over these months. The stock price chart shows the stock near ₹1,340 in late April and around ₹1,140 in early October, roughly 15% lower.

A buy-and-hold position bought in April would be underwater today. The strategy opens and closes every position within the session and carries nothing overnight, and it finished the same period at its highest equity yet. Its strong September and early October came while the stock was sliding from about ₹1,300 to ₹1,140.

Where the edge comes from

The edge is in how often the strategy wins, not in how big it wins. Winning days averaged ₹548 and losing days ₹533, almost the same size. It finished 62 days up, 47 down and 11 flat, and that 57-to-43 split is what produces the 1.36 profit factor.

The profit is not the work of a few lucky sessions. The five best days account for 22% of all gains, and the average day earned ₹74, or 0.3% of capital. Activity is light: 229 fills in 120 days, about 2.25 trades a day.

The weekday split is uneven:

Day	Net P&L	% of capital	Best day	Worst day
Monday	−₹2,015	−8.1%	₹2,124	−₹1,834
Tuesday	₹3,960	15.8%	₹1,714	−₹1,707
Wednesday	₹1,446	5.8%	₹1,237	−₹1,067
Thursday	₹6,682	26.7%	₹1,308	−₹1,181
Friday	−₹1,144	−4.6%	₹610	−₹1,099

Tuesday and Thursday made the money; Monday and Friday gave a little back. Each weekday has only 24 sessions behind it, so this is an observation to keep watching, not a rule to trade on. Monday also holds both the best and the worst single day of the whole record.

The hard part: drawdowns

The worst fall was 17.72%. Equity dropped ₹5,611 from its 8 July peak to a low on 7 September, and it took 60 trading days to reach a new high.

Drawdown	Depth	% of peak	Started	Low point	Length
1	−₹5,611	−17.7%	8 Jul 2026	7 Sep 2026	60 days
2	−₹4,434	−14.2%	1 Jun 2026	17 Jun 2026	26 days
3	−₹1,980	−7.2%	5 May 2026	11 May 2026	9 days

June to August was the test. Those three months returned −8.9%, +0.8% and −1.0%, and the rolling 63-day Sharpe turned negative from mid-August into September. On ₹25,000, that meant watching more than ₹5,000 of earlier profit disappear over two months before September brought it back.

Return per unit of risk

The risk-adjusted ratios are solid for a live record, all computed net of costs on daily marked-to-market P&L.

Ratio	Value	What it says
Sharpe (annualised)	1.73	Return per unit of total volatility
Sortino (annualised)	2.64	Return per unit of downside volatility only
Calmar	5.31	Annualised return divided by the worst drawdown
Profit factor	1.36	₹1.36 earned for every ₹1 lost
Recovery factor	1.59	Net profit is 1.59 times the worst drawdown
Volatility (annualised)	43.41%	Daily swings are large relative to capital
Probability the edge is real	86%	Tradetron’s estimate that the result is not chance

Tradetron also annualises the result to a 94.2% CAGR. That figure stretches 168 days into a full year, so read it as the pace so far, not a forecast. The Calmar ratio is built on the same annualised number.

What “net of costs” covers

Charges took 30% of gross profit. The strategy made ₹12,806 before costs; estimated statutory and exchange charges of ₹3,877 leave the ₹8,929 reported throughout this post.

Those charges are priced fill by fill across all 229 fills and ₹2.2 crore of turnover, at about ₹16.93 a fill:

• Exchange fee: 0.00297% of turnover
• STT: 0.025% on the sell side
• Stamp duty: 0.003% on the buy side

Brokerage is set to zero in this cost model, which matches a zero-brokerage intraday plan. On a per-order plan the net result is lower. For illustration, a flat ₹20 an order plus 18% GST across 229 fills would cost about ₹5,400 more.

The turnover also shows how the capital is used. The average fill was about ₹96,000, close to four times the ₹25,000 margin, so the 35.72% is a return on margin earned with intraday leverage. Because this is a live deployment, slippage is already inside the fill prices and is not estimated separately.

What this record does not prove

Five and a half months of live results is evidence, not proof. Four limits are worth stating plainly:

• It is a short record. 120 trading days in one stock from one deployment. Tradetron’s own 86% estimate leaves roughly a one-in-seven chance the result is luck.
• Timing mattered. Someone who started on 1 June would have been down about 9% by the end of August and back in profit only in September.
• The swings are large. Annualised volatility is 43%, and one day in twenty has lost ₹1,067 or more on ₹25,000.
• One market phase. The stock fell or drifted sideways for most of the period. A long rally has not been tested live yet.

Tradetron’s report flags no major red flags on the data so far, and its 12-month rolling statistics unlock only after 13 months of history.

See it live

The strategy is listed publicly on the Tradetron marketplace, and its live trades can be checked independently.

Detail	Value
Strategy page	RELIANCE equity intraday
Live trade share code	share-live-trade-29126926
Minimum capital	₹25,000
Subscription fee	₹300 per multiplier, monthly
Exchange	NSE

The figures in this post are before the subscription fee. At one multiplier, ₹300 is 1.2% of capital a month, so the 5.1% average would have been about 3.9% to a subscriber, before any brokerage and platform plan costs of their own.

Risk disclosure

This post reports the past performance of one live deployment and is not investment advice or a recommendation to trade. Past performance does not indicate future results. Intraday trading uses leverage and can lose more quickly than it gains; trade only with capital you can afford to lose, and consult a registered adviser if you are unsure.