Hello everyone ,
I am 21 from Central India and I wanna know if I could earn decent profits with 50 lakhs investment .
Thank you
Hello Dear
There is a simple strategy for investor like you, called "Covered Call"
Strategy for you :
1. select any 7-10 Nifty 50 stocks. Try select one from each sector, like one from auto, one from bank, one from IT.
2. Buy the selected stocks equal to Future lot size.
3. Sell 1 lot ATM/OTM call option as per your risk appetite.
Dear, I am not an expert. So please study the "Covered Call" strategy thoroughly then take position.
I expect this strategy can give you decent return and keep you ahead of average index returns.
If have any query, you are welcome.