Earn 5000 rs per day from Intraday

The stock market remains open for 250 days in a year. On a daily investment of INR 1,00,000, you can get a return of 105000 provided you find an increase of 1.05 percent on sold stocks in intraday trading.

Likewise, if you continue to earn a daily 1.05 percent profit on 1,00,000 for 1 year then you will have made a profit of INR 1,250,000.

Is it possible to make a consistent profit daily for a year? The answer is yes, said by stock experts.

You can achieve a target of earning INR 5000 per day on a 1,00,000 investment by following simple steps.

The below lines relate to the selection of stock for purchase, and the utilization of technical tools for the precise identification of stocks. In addition, the significance of the stop loss concept, and key points are to be borne in mind when conducting intraday trading.

If you find an increase in stock price by at least 3 percent for three consecutive days then you can try to fetch that specific stock for a purchase.

For instance, in the second week of July 2023, Mazagon Dock Shipbuilding company had a share value of INR 1591.9 with a weekly change of 23.5 percent continuous rise in the stocks. And, the average stock rise per day is 4.7 percent and hence such a stock should be preferred for buying.