It is easy to earn daily Rs 5000 by using free Bank nifty option chain analysis

1. It is easy to earn daily Rs 5000 by using free Bank nifty option chain analysis

2. Here in this article we will discuss about banking nifty index Options and how to do option chain analysis and is it really helpful or much hyped? What is relation between trend and chain analysis? Can we derive trend from Option chain analysis? Where we can get free and accurate nifty bank trend before market open to trade in option? What is the use of chain analysis in intraday and positional? We will also discuss the common mistakes made by trader in intraday with examples. Beginners should choose Nifty or Bank index Option to practice and then trade in index option strike price rather than stock option. In stock option many trader lose a lot of money due to lack of awareness and greed. Bank nifty option chain is list of all contracts available for trading. In this chain analysis you can find at the money contract, in the money and out of money contract. Also you can watch which contract is more active means people are betting on which contract. But think practically without knowing trend how can you decide whether to buy “Call” or “Put” option? First find free Bank Nifty Today trend here which is posted daily before market open at 8.45 am and check accuracy for 15 days to know how trend is important with option chain analysis.

3. Option chain is used to select strike price. After knowing the trend trader can decide whether to buy call option or put option. Then in Bank nifty Option chain they can choose “At the money” option contract to trade in intraday trading. Why trade in “At the Money” contract in Intraday? Let’s take an example to better understand. After watching free Bank Nifty Today trend here let’s say trend is positive and you got unique strategy, support and resistance mentioned. Now you buy nifty bank index out of money call option @30/- and I buy at the money call option @ 150/-. Banking nifty index moved up 50 point. Now my call option price will be 180/- where your call option price will increase to 34/- only. If technical pattern indicates trend reversal then I can move out easily by booking profit where as you would be trapped by greed and psychology. You can’t be satisfied by 4/- profit and wait. This is the trap. So always use at the money contract to trade in bank index nifty option as it is more volatile and you can get profit quickly. According to trend open interest change but trader think open interest shows trend which is wrong. Think practically. This works better in positional.

4. In bank positional option trading watch the contract which has maximum open interest. The maximum open interest contract acts as support and resistance and this also indicates the market range in particular month and traders mood. Using this data with technical analysis trend posted in above link find positional trend and trade to get maximum benefit. Strategy In weekly expiry day add out of money call and put in watch list and in second half in case of BN technical pattern apply strategy and you can get 5-7 times profit in just 1 hour. Different type of free strategy is posted daily in above link which is used by lot of Indian trader. Test accuracy for 15 days and if you want you can join online advance technical analysis by sitting in your home and become independent for life long and make it as a pension plan.