If you are new to the Indian stock market, you may feel intimidated by the various trading strategies and techniques available to you. But don’t worry, I have got you covered with my sure shot day trading strategy to earn Rs. 4315 daily. In this post, I will share my step-by-step approach to intraday trading using basic technical indicators and live charts.
Margin Rules: The First Step to Success
Before we start with the strategy, let’s first understand the present margin rules for Nifty Future. As per the rules of the stock brokers, the intraday margin for 10 lots (500 quantity) of Nifty Future is Rs. 75600. It is important to know the margin requirements as it will help you plan your trades and manage your risk effectively. However, this was the margin rule way back in 2014. Now this rule has changed and a trader need to pay much higher margin to trade.
Basic Technical Indicators: Your Key to Success
Once you understand the margin rules, the next step is to use basic technical indicators to guide your trading decisions. Technical indicators like Stochastics, MACD, Moving Averages, etc., can provide you with valuable insights into the market trends and help you predict the future movements of stocks.
Live Charts: Your Window to the Market
But how do you use technical indicators effectively? By using live charts from platforms like Zerodha Kite, AmiBroker, or TradingView. You can also check our Live Nifty Charts here. Live charts provide you with real-time data on stock prices, trends, and candlestick patterns, helping you make informed trading decisions.
The Sure Shot Day Trading Strategy
Now that you have a basic understanding of the margin rules, technical indicators, and live charts, it’s time to put it all together with the Sure Shot Day Trading Strategy.
The first step is to buy Nifty Future at a specific price level. Let’s say we buy Nifty Future at 8400. The next step is to identify a profit target. In this case, we will try to catch only 10 points in Nifty Future using the basic technical indicators we discussed earlier.
Suppose we sell Nifty Future at 8410. So, 500 quantity x 10 points = Rs. 5000 profits. After deducting the total brokerage charges and taxes, we can get a net profit of Rs. 4315, as per the Zerodha Brokerage Calculator. Check the image below.
I have uploaded a video on youtube. Check the video below. It’s a 20 minutes video that will step by step explain to you, my sure shot day trading method that will earn Rs. 4315 for you daily.
This same strategy can be applied to Bank Nifty or Options. However, the profit target may vary as per the instrument.
Tips and Tricks for Intraday Trading
Intraday trading can be a rewarding experience, but it’s not without its risks. Here are some tips and tricks to help you succeed:
- Do your research: Conduct fundamental studies and technical analysis to understand the market trends and stock performance.
- Avoid share bazaar frauds: Be wary of scams and frauds that promise guaranteed returns.
- Use virtual trading platforms: Practice on virtual trading platforms like NeoStox to hone your skills before investing real money.
- Read trading books: Learn from the experts by reading trading books recommended for beginners.
FAQ on Sure Shot Day Trading Strategy
Welcome to the FAQ section of our blog post on “My Sure Shot Day Trading Strategy To Earn Rs. 4315 Daily.” Here, we’ll answer some of the most common questions that newcomers to the Indian stock market have about day trading.
Sure shot trading is a term used to describe a trading strategy that is believed to have a high probability of success. However, it’s important to note that no trading strategy can guarantee profits, and there is always a risk of losses in trading.
Making Rs. 1000 per day trading is possible, but it requires discipline, knowledge, and a well-defined trading strategy. Our blog post describes a simple trading strategy that aims to earn Rs. 4315 per day. However, the profit potential of any trading strategy depends on various factors like market conditions, trading volume, and margin requirements.
Making 1% per day trading is a popular goal among day traders. However, it’s important to remember that trading is risky, and no strategy can guarantee profits. To make 1% per day, a trader needs to have a consistent trading plan, disciplined execution, and a thorough understanding of market conditions.
Intraday trading refers to buying and selling securities on the same trading day. Day traders aim to take advantage of short-term price movements in the market and close their positions before the market closes. Intraday trading requires discipline, knowledge, and a well-defined trading strategy.
We hope this FAQ section answers some of your questions about day trading. If you have any other questions or would like to learn more about day trading, please feel free to reach out to us.
Conclusion: Try the Sure Shot Day Trading Strategy Today
In conclusion, the Sure Shot Day Trading Strategy is a simple yet effective way to earn Rs. 4315 daily. You need not be an expert like Radhakishan Damani or do not need a formal CMT qualification to make money regularly. By understanding the margin rules, using basic technical indicators, and live charts, you can make informed trading decisions and manage your risk effectively.
Remember, intraday trading is not a get-rich-quick scheme. It requires patience, discipline, and perseverance. But with the right strategy and mindset, you can achieve success in the stock market. Try the Sure Shot Day Trading Strategy today and see the results for yourself!
