How to Earn Rs 1000 Per Day in Share Market in India 2024?

We all enter the share market with the sole purpose of earning money. Especially when beginners join the share market their first question is how to earn Rs 1000 per day in share market in India.

Undoubtedly, the share market is one of the lucrative ways of earning money in no time. Earning from the stock market is a challenging task because we cannot predict the market. Yes, but With the right knowledge and patience you can earn Rs 1000 in market in India.

Understand in this article in how many ways you can Rs 1000 per day share market in India, the risks involved, and tips to answer the share market without losing money.

Can I earn 1000 rs daily in stock market?

You should start with intraday trading if you want to earn 1000 rs rupees daily. Intraday trading is one of the best ways to earn money with fluctuations in stock prices.

How to earn Rs 1000 per day in share market (5 Ways)?

5 Different ways to earn money daily from share market:

Here, are 5 different ways to earn Rs. 1000 in share market in India:

Intraday Trading: Intraday trading is a type of trading where you buy and sell stocks within the same day. Intraday trading is always risky without knowledge and strategies, but it is also a way to make quick profits. If you are good at intraday trading, you can earn Rs. 1000 per day in share market.

F & O Trading: F&O trading allows you to use leverage, which means that you can trade with more money than you actually have. Your stock broker provides leverage to do F & O trading. If you are using leverage, it is important to be careful and to manage your risk because ultimately in case of loss, your broker will recover it from you only. 

What is CE and PE in Option Trading 2024? Practical Examples

Swing trading: Swing trading allows you to buy and sell stocks after a few days to a few weeks. Swing trading is less risky compared to intraday trading. It is another best way to earn Rs. 1000 per day in share market.

Investing in blue chip stocks: Blue chip stocks are stocks of large companies. Such companies have a proven track record of growth and profitability. These stocks are safe to invest in and offer a steady income. If you invest in blue chip stocks, you can potentially earn Rs. 1000 in a day through dividends and capital appreciation.

Investing in mutual funds: Investing in mutual funds is another way to earn rupees 1000 per day share market in India. Mutual funds are suitable for investors who do not have the time or expertise in stock market. Investing in the right mutual funds gives you the potential to earn Rs. 1000 in a day.

Capital Requirement to Earn daily 1000 from stock market

Next question that is most common related to “How to earn Rs 1000 per day in share market” is How much Capital I need to earn 1000 rs in share market.

Definitely, it is a face that the more capital you invest, the easier it will be to make Rs. 1000 daily. But, if we get an estimate that ideally, you must have a minimum capital of Rs. 50,000 fto earn 1000 rs daily. You can avail the benefit of leverage (We have explained it further).

How can I earn 1000 per day from trading in share market – a step-by-step guide

Step-by-step guide on how to earn Rs 1000 per day in share market in India 

Open a trading account and transfer funds

The first step is to open a trading account with a stock brokerage firm. A trading account allows you to buy and sell stocks. In case you don’t have a trading account, I would recommend you open a Zerodha Trading Account.

Open your Zerodha Account Here

After opening your trading account, you can add funds from the bank that you have linked to the trading account. All you need to do is just go to the ‘Fund’ section in your trading app and click “Add funds.” Here, enter the amount you want to add and select The option from UPI or Netbanking. 

Time to pick the right stocks

You need to select only those stocks that have the potential to rise with market trends. Here are the factors that should consider for choosing the right stock:

Liquidity: Stocks with high liquidity are more likely to be traded throughout the day to give you more opportunities to make a profit.

Volatility: Stocks with high volatility fluctuate higher compared to others. It can give you a chance to buy low and sell high by moving quickly up and down.

Volume: Stocks with high volume give you more opportunities to make a profit.

Trend: If the market trend and stock trend are in a similar direction, you can expect it to continue to rise in price and vice versa.

Support and resistance levels: Support and resistance can help you to identify good entry and exit points. 

Technical analysis: Technical analysis can be a useful tool for identifying stocks based on trends, patterns, and signals that are likely to make a move shortly.

News-based: There are at least 10-15 stocks in the news every single day. It is not possible to trade each and every stock. You have to pick 3-5 stocks every day and consider their impact to predict the expected move of shares. 

Learn to study the charts of the selected stocks

Once you’ve picked some stocks and know the different ways of “How to earn Rs 1000 per day in share market,” you need to study the charts to identify patterns and trends in the stock price. Here are some tips to study the charts:

Select the time frame: If you want to do intraday trading, you should choose shorter time frames, such as 1 minute, 5 minutes, or 15 minutes. 

Analyse market trend: One of the famous stock market quotes is always applied here “Always go with the trend, never go against the trend.”

Apply technical indicators: Technical indicators such as Moving Averages, Bollinger Bands, Relative Strength Index (RSI), and MACD can help you identify potential trading opportunities. 

Define entry and exit points: Ensure the entry and exit points before placing any trade. You can use support and resistance patterns and breakout patterns to define entry and exit points for a trade. It will help you decide at what price you should buy or sell the stock. 

Execute your trade with confidence: Based on the above 5 steps, you’re ready to place a trade. Make sure to place a stop loss to avoid high losses. 

It’s important to remember that there is no guaranteed way to earn Rs 1000 per day in the share market. However, if you follow the steps above, you’ll be well on your way to achieving your goal.

How to earn Rs 1000 per day in Share Market from intraday trading? (with leverage example)

Understanding Leverage and Profits in Intraday Trading to get a proper understating of “How to earn Rs 1000 per day in share market?”

When you do intraday trading, your broker offers ‘leverage.’ Leverage is like a margin that allows you to use more money for trading than what you have in your trading account.

How to Do Intraday Trading in Zerodha 2024 (5 Simple Steps)

Let’s say you have Rs. 30,000 in your trading account and you want to trade the stock of Tata Power on the same day. Now, if the broker gives you 5 times leverage (leverage varies from broker to broker) for this stock, it means you can buy stocks worth Rs. 1,50,000 (which is 5 times your Rs. 30,000).

Imagine the Tata power stock is priced at Rs. 250. With the leverage, you can buy 600 shares (that’s Rs. 1,50,000 divided by Rs. 250) even though you only have Rs. 30,000.

If the stock price goes up by Rs. 5, you can sell those 600 shares for a total of Rs. 1,53,000 (that’s 600 shares times Rs. 255). Guess what? You just made a profit of Rs. 3,000 in just one day using your own capital of Rs. 30,000 only.

But wait, if you had started with Rs. 50,000 instead, you could buy 1000 shares because 50,000 times 5 divided by 250 equals 1000. In this case, even if the stock moves up just by Rs. 2, you’d still earn Rs. 2,000 in profit. And if the stock goes up by Rs. 5, you’d make a sweet profit of Rs. 5,000.

See, having a bit more money to start with gives you the advantage to capture more profit, even if the stock doesn’t move up by a lot. It’s like getting a head start to earn more when the stock does well.

So, remember, leverage can help you trade bigger and potentially earn more money, but it’s also important to be careful because trading always has some risks. It’s good to learn and practice before diving in with big trades!

Here are complete Intraday Resources for you:

Best 7 Intraday Trading Course in India 2024

5 Best Indicators for Intraday Trading in TradingView Free 

Tips to earn Rs 1000 per day share market in India 

As now you are aware How to earn Rs 1000 per day in share market? Here are some additional tips for earning Rs 1000 per day in the share market:

Start with small capital and profits

See, you may start earning Rs. 200 to 500 initially with small capital, but don’t try to trade too much money too soon. Make the profit consistency first, once you gain good confidence, gradually increase your investment as you gain experience.

Be patient and disciplined

The stock market is not a get-rich-quick scheme. It takes time, patience, and yes, hell discipline to make money in the market.

Take control of your emotions

Don’t trade with emotions. You know there are lots of books available that teach only about controlling your emotions in the stock market? Why? Because traders lose here due to their greed or fear.

Want to know how the market plays with emotions in trading in the stock market? Read here. 

Use a stop-loss order

Risk management is about taking the risk of losing money that you can afford to lose. A stop-loss order is a type of order that automatically sells your stock if it falls below a certain price. This can help you to limit your losses if the stock price moves against you. Also, diversify your portfolio to spread risk across different stocks and sectors.

For example, let’s say you buy a stock for Rs. 100 and you want to set a stop-loss order at Rs. 90. This means that if the stock price falls to Rs. 90, the stop-loss order will be triggered and your stock will be sold at the best available price.

Learn Technical Analysis for trading 

Technical Analysis involves studying price charts and patterns to predict future price movements. This analysis can help you identify trends, support and resistance levels, and potential entry and exit points. Learning basic technical analysis tools can aid in making informed decisions.

Grab a free copy of 35 Candlestick Pattern for trading PDF 

Conclusion on How to earn Rs 1000 per day in share market

By choosing the right trading style; Intraday, F&O, Swing trading, or investment in high quantities and following the above tips, you can increase your chances to earn rs. 1000 per day in the share market. However, it’s important to remember that there is no guarantee of quick success. The stock market is a risky investment, and you could lose money. So, only invest money that you can afford to lose.

Frequently asked questions