How to Earn 1000 Rs Per Day from Share Market?

Though previously, we’ve covered similar topics like this, today’s is more specific. Here, the discussion point is on the ways by which one can earn 1000 Rs/day from the share market. So, let’s go ahead and find the answer How to Earn 1000 Rs Per Day from Share Market? Also, let’s try to find out the best indicators for day trading which can generate Rs. 1000 daily profits.

Earning money is not always tough if you have sufficient knowledge and experience.

Question is: How to earn 1000 Rs per day from share market?

Let us try to answer the question theoretically and practically. Nowadays, almost all the broker’s company provide leverage on the capital. So, it is easy for investors to make an investment with small capital. For example, the total margin required to trade 1 lot of Nifty in MIS is approximately Rs. 32587. The Nifty futures trading margin for bracket and cover order is even less. It is approximately Rs. 10000.

Here, are some of the well-known strategies to earn 1000 Rs/day from the market.

How to earn 1000 Rs per day from share market with small profit with multiple trades

The share market is driven by some of the psychological factors also like fear, greed. So, try to not fall in the trap. Booking a small profit with multiple trades can be the best strategy to get money from the stock market.

Cut down losses

The next and important strategy is to cut down the losses by applying stop loss. Keep your stop loss proportionate to target. In this way, you can minimize the loss portion. We suggest you use semi-automated orders like Bracket Order (BO) or Cover Order (CO) to keep your trading emotion-free.

Invest in the confident stock

Always be sure of the stocks or index you are going to invest in. Do not rely on others’ analysis until and unless you have done your own. Only invest in the stocks or index with which you are confident enough.

Avoid over-trading

Sometimes, fear and greed lead traders to do over-trading which is not advisable. It is quite important to select some stocks and take the position only in them. Also, one should remember that in trading everyday traders will not make profits. Therefore, (if markets are not supportive ) a trader has taken multiple positions he will have no other option but to book a loss. Thus, the very important rule for profitable intraday trading is to know your limits and trade within it.

Now I will show you how to earn 1000 Rs per day from share market using simple technical indicators.

Lets first know:

  • The best markets to trade
  • How to set up your charts
  • The 3 best indicators for day trading stocks and futures
  • How to easily identify the start and end of the trend.

Before I move ahead a piece of small information to share I have over 17 years of trading experience now. I started in NSE stocks and traded NSE / BSE stocks, futures, options, MCX commodities and currency markets. Now I will only show you stocks and futures markets. Let’s keep it simple, No stock filtering or no complex options strategies.

The best markets to trade:

  • Nifty future
  • Crude Oil
  • Gold
  • USDINR

Chart setup:

  • Let’s use a different chart setup
  • Many traders are losing money
  • If you use the same chart setup as other traders you will also lose money
  • The unique chart setup should be the edge

3 Ways to display charts

Most traders are using either time based (5 minutes, 15 minutes etc) OR volume-based charts (20 tick or 100 tick etc). 90% of traders are using these kinds of charts. While we will use a third kind of chart called volatility based charts (eg. range bars).

Our range bar charts in Nifty is of fixed points (5 OR 10 points). So if price breaks 5 OR 10 points range then only new candle will form.

So what are the best indicators for day trading stocks and futures? We will use normal indicators, but our settings will be different. So, this is an edge again. We will see what others can’t see.

We will use 3 simple indicators and I feel they can be the best indicators for day trading stocks or futures. Let us use:

  • Bollinger Band (12,2) 2)
  • MACD and
  • RSI 7

How to earn 1000 Rs per day from share market (the trade setup):

  • Go long when MACD crosses over signal and MACD should be above zero and MACD histogram should be positive.
  • Ride the trend till the bars touching the upper Bollinger band.
  • Exit long when RSI 7 turns down OR candle closes below Bollinger bands.
  • Vice versa for the short trade setup.
  • These trade setup will work on any market.
Best Indicators For Day Trading Stocks

In the example above we have shown a profit potential of 15 points in the Nifty futures. So the total profits are 15 points x Nifty lot size of 75 = Rs. 1125. If we play 1 lot also we make a gross profit of Rs. 1125. The total charges including brokerage and taxes are Rs. 165. So the net profit is Rs. 960 (approximately Rs 1000). Check the sample contract note below.

How to earn 1000 Rs per day from share market
Sample Contract Note

So we have seen that if a trader trades index like Nifty he can earn Rs. 1000 from a bracket order cover order margin of 10000. It is a 10% gains on leveraged capital. Every trade will be unique. So other trades will have more or less profitability. But in general, we have seen that disciplined trades can earn Rs 1000 daily. You can comment on your questions (if any) in the comment section below this post. Your observations and results are welcome. I used the Zerodha Pi platform for the charting. To access Zerodha Pi CLICK HERE.

Author: Ankita Sarkar

Ankita is a graduate in English language and she has also done her MBA from the Calcutta University. She has a high knack in the stock markets. She is a NISM certified Research Analyst. An experienced stock market content writer Ankita is also trading successfully on her own account.

6 thoughts on “How to Earn 1000 Rs Per Day from Share Market?”

  1. First, the method speaks about range bars. But chart displayed as illustration is NOT simple stick.
    Second, Mr. Markus Heitkoetter of Rockwell Trading, Arlington, USA is invented this & shared it on you-tube. No credit or mention is given to him.

  2. In this setting what is the MACD setting (12,26,9)?? and what should be Stop loss?

    also , in most of the cases in recent periods MACD is below zero line but made a positive crossover and didn’t go above 0, that shouldn’t be a buy signal rite? I have taken 30 min nifty chart and plotted what was suggested here. Unable to put any screenshot here due to some technical issue….

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