Bank Nifty Option Trade: Earn More Than Expected
Bank Nifty is a popular way of earning money through option trade in the stock market. With accurate analysis and a good hold on candlestick, traders can earn more than expected in Bank Nifty. Although there is a risk involved, traders who are ready to take the risk can become millionaires in a day through option trade.
How to Earn:
Traders can buy and sell Call or Put options while trading options in Bank Nifty. If a trader feels that Bank Nifty will move upwards, they can buy Call (CE). On the other hand, if the trend is downward, they can take Put option (PE).
Hammer Pattern Gives Bumper Earnings:
Hammer is one of the patterns formed in candlesticks in option trading that gives strong earnings. Hammer Green is a police candlestick that takes Bank Nifty high and investors get huge income in no time.
How Hammer Pattern Gives Bumper Earnings:
Trading on hammer pattern gives huge profit in call (CE) option. But trading on every hammer does not give profit. Expert Shiv Poojan Singh says that hammer gives profit when there is a fall of 300 to 400 points in Bank Nifty and a green or red perfect hammer is formed at the low. Bank Nifty goes up like a rocket as soon as this hammer is made, and the premium of the option also increases considerably.
What is Option Trading:
Option trade is a contract under which the purchase and sale of a security is done. Option trades are for a fixed period of time, ranging from a week to a few months. It can be a better source of instant earning. However, there is also a possibility of loss in this.
Note:
Option trading is prone to excessive risk, and the option can become zero as soon as the premium is down. It is advisable to buy or sell the option only after the advice of an expert. Prabhat Khabar.com will not be responsible for your profit or loss if you trade after reading the report.
Follow DelhiBreakings on Google News
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
