Option Trade: Bumper earnings happen as soon as this pattern is formed in Bank Nifty, you can become a millionaire in a day
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Bank Nifty Option Trade: Bank Nifty option trading in share market is the best way to earn. If your ability to analyze is good and you are ready to take risk then Nifty bank option trading can make you a millionaire in a day. Yes, it may sound a bit strange, but it is possible. Through Option Trade, a trader can become a millionaire or a millionaire in a few hours.
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. But it can be a better source of instant earning. There are many people who earn crores in a single trade. However, there is also a possibility of loss in this. There are buyers and sellers in option trade. Those who buy and sell options.
How is earning: Earning is done through Call and Put in option trade. That is, while trading options in Bank Nifty, you can also buy and sell Call and Put options. If you have a feeling that Bank Nifty will move upwards, then you can buy Call (CE). Apart from this, if you feel that Bank Nifty will go down, then you can take Put option (PE). If your analysis of the train proves to be correct, then you can earn well.
Hammer Pattern Gives Bumper Earnings: Candlesticks form many patterns in option trading. Some patterns also give strong earnings in it. Hammer is one of these patterns. Hammer as the name suggests is a bullish candle stick of green colour. But if it is being formed in a particular pattern, then it takes the Bank Nifty very high. Due to this, investors get huge income in no time.
How Hammer Pattern Gives Bumper Earnings: In option trading, if you trade on hammer pattern, then it 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. In such a fast movement, the premium of the option also increases considerably. The option buyer earns handsomely. On the other hand, option sellers earn by selling puts. In this, 70 percent chance is of excellent earning.
Note: Option trading carries a high degree of risk. The option can become zero as soon as the premium is down. In such a situation, there can be a huge loss. Therefore, buy or sell the option only after the advice of an expert. If you trade after reading the news, Prabhat Khabar.com will not be responsible for your profit or loss.
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