Can I earn assured Rs 20000-25000 per day from stock market via option trade with nominal risk? If yes, what should be my strategy and what initial amount would I require?
Can I earn assured Rs 20000-25000 per day from stock market via option trade with nominal risk? If yes, what should be my strategy and what initial amount would I require?
You can earn Rs 20000-25000 per day with nominal risk of losing 10k if it is not your day. Let me explain the strategy.
Open a trading account with unlimited brokerage or bullet trading like ICICI . I would prefer bullet trading options as you don’t need to pay zero brokerage if you are able close the trade in 5 mins.
Strategy RSI +VWAP +SUPERTREND + 20 WMA + 36 period EMA + OI Pulse , NIFTY or BANKNIFTY options
If the OI is bullish, you need to take trade at key support levels of RSI, When price touches Super Trend, VWAP.
If the OI is Bearish, you need to take trade a key resistance levels of RSI , when touches from down side to Super Trend, VWAP, 36 EMA
If the OI is Range, you need to take trade at price support and resistance levels with combination of RSI
Also follow the OPEN==HIGH in NIFTY and BN Nifty of the in the money options. There are good chances if the trend turns to that side, it will hit.
You need to use 500 qty for each trade and take in the money options. your SL must be 10 points and profit also 10 points.
Also remember there will some odd days where you won’t be able to trade or days where you will loose. You need to have strict discipline to stop the trading if you make loss in 2 trades.
I use the same strategies in 15 mins NIFTY SPOT chart and 3 mins NIFTY Future chart.
Trading viewing Nifty Chart.
OI Pulse Nifty future chart
Edit : some one asked for trading screenshot. I will add few . 7k with 70k capital. I just traded for 5 mins
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