i am doing day trading in the NSE. can u please tell me tips for day trading in the NSE share market.......?
recently, a bad happened to me was i lost around 2 lacks in the trading only...
please help me.......
Public Comments
1. 1. Read at least two news papers like ET& Fin Adviser every day. Learn various Govt. policies on economy,export /import, industrial matters etc.
2. Go through the share market page of ET. The first page in that gives you on various up and down shares.
3. Pick up the shares which are not very expensive but doing well.
4. Open a diary of purchase/sale along with the date of purchase, purchase rate etc. The diary should accompany you when ever you deal with the market. Reduce the average value of share held by adding the value of individual script and purchase more scripts of the same company when the value is lesser than the the first high value purchase. Sell the shares keeping an average profit of say 10% of the average script value/say Rs.5 per share. Never get allured.Never regret on the good shares sold by you for a lesser profit. Any way you had your profit.
5. Look in the ET column for the meetings for profit distribution etc. of any company.This will give you an idea about the performance and variation in market value
6. Seasonal items like aggro industries etc depends on the season and be care-full about. C'ause a rain can affect the market. Cement industry depends on construction.like that.
7. Best policy is to be patient and cool even if you lose. Do not jump.
8. Do not do jobbing if you are not financially sound. You are a looser if you hold a share in jobbing and in any case you will lose if when the value goes down on that day.
Best of luck
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