Strategies and Investments for Earning 5000 INR Daily in the Indian Stock Market
Are you dreaming of earning 5,000 INR every day? While this might seem like an ambitious goal, with the Indian stock market open Monday through Friday, it is possible to achieve this by strategically planning your investments. However, it's important to remember that higher rewards often come with higher risks. This article will guide you through the different investment strategies and explore the possibility of achieving your daily earning goal.
Earn 25,000 INR Weekly, 1.3 Million INR Annually
Your target of 5,000 INR per day translates to approximately 25,000 INR per week, considering the market is open for five days. Over the course of a year with 52 trading weeks, this would result in an annual earning goal of 1.3 million INR. While this target is quite ambitious, it is not entirely out of reach with the right strategies and a disciplined approach. However, it is crucial to note that this goal should be treated as a long-term financial objective and not an immediate one.
Investing in the Bond Market
While the Indian stock market offers a variety of investment opportunities, achieving such high daily returns might be more suited for the bond market, particularly perpetual bonds. Perpetual bonds are financial instruments that do not have a set maturity date, offering potentially stable returns. However, just like any investment, there is no guarantee that the issuer will honor the obligations. For this reason, it's essential to perform thorough due diligence before investing. For more detailed information on this, read this article.
Key Factors for Earning Daily in the Stock Market
To consistently earn a daily profit of 5,000 INR, you will need to adopt a specific trading strategy. Here’s a breakdown of the different options:
Intraday Trading: The Key to Daily Profits
Intraday trading involves buying and selling securities within the same trading day with the aim of realizing profits within the same session. This method is highly suitable for achieving daily earnings, but it requires a high level of expertise and discipline. While it is not strictly necessary to reach the target of 5,000 INR per day, it is a strategic approach to ensure consistent gains. Here are the three main types of intraday trading:
Cash Market or Equity Markets: This is the least risky method as there is no leverage involved. If you aim for a 5% profit, you will need to invest around 1 lakh INR (100,000). Futures: More risky than the cash market due to the leverage factor of 80. However, since you are buying a lot worth in lakhs, you will need around 1 lakh INR. The high leverage amplifies both potential gains and losses. Options: The most risky method due to high premium costs. If you can identify the trend of a particular stock for a day, you can buy or sell call or put options and close your positions by the end of the day (EOD). Your investment can range from a few thousand to a few lakhs, depending on the premium.No matter which method you choose, risk and profit are directly correlated. It is crucial to learn about futures and options trading strategies before engaging in these markets.
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Conclusion
While earning 5,000 INR daily might be a challenging goal, with the right strategies and a disciplined approach, you can make significant progress in the Indian stock market. Whether you choose to focus on intraday trading or invest in long-term bonds, always remember the importance of thorough research and due diligence. Be prepared to face potential losses and embrace the learning process. Happy investing!