How to Earn โน500 per Day in Share Market โ Beginnerโs Guide by PuneriPages.in
By Prashant for PuneriPages.in
Earning โน500 per day in the share market may sound ambitious, but with the right approach, discipline, and strategy, itโs entirely achievable โ even for beginners. In this detailed guide, weโll break down realistic trading methods, investment techniques, and risk management principles that can help you consistently reach your daily profit goal in the Indian stock market.
Whether youโre a student, a working professional, or someone looking to build a second source of income, this article will show you practical, step-by-step methods to get started.
Table of Contents
Understanding How the Share Market Works
Before jumping into trades, itโs crucial to understand how the Indian stock market operates. The two primary exchanges are the NSE (National Stock Exchange) and the BSE (Bombay Stock Exchange).
When you buy or sell shares, youโre trading ownership in companies like Tata Motors, Infosys, or Reliance Industries. Prices fluctuate every second based on demand, company performance, and market sentiment.
To earn โน500 per day, you can either:
- Trade short-term (daily buying/selling for small profits), or
- Invest long-term (buying shares that grow steadily over time).
Both paths work โ but beginners often start with intraday trading, where they aim to make small daily profits.
1. Intraday Trading: The Fastest Way to Earn โน500 per Day
What is Intraday Trading?
Intraday trading means buying and selling stocks within the same trading day โ all positions are squared off before the market closes.
Hereโs a simple example:
- You buy 100 shares of Tata Steel at โน150 each (โน15,000 total).
- The price increases to โน155.
- You sell all shares at โน155 โ Profit = โน500 (100 ร โน5).
Just like that, youโve earned โน500 in a single trade.
Best Stocks for Intraday Trading
Look for stocks with high liquidity and daily price movement. Examples include:
- HDFC Bank
- TCS
- Infosys
- ICICI Bank
- Tata Motors
These stocks move enough during the day to help you hit your profit target.
Ideal Trading Time
Trade between 9:15 AM to 11:30 AM or 1:30 PM to 2:45 PM โ these are high-volume periods when prices move the most.
2. Swing Trading: Earn โน500 Daily with 2โ3 Day Holding Periods
If you canโt monitor charts all day, swing trading is a great alternative.
You buy a stock thatโs trending upward and hold it for 2โ5 days. The goal is to capture a 3%โ5% price movement.
Example:
- Buy 50 shares of Axis Bank at โน1,000 each.
- Sell after three days when it reaches โน1,010.
- Profit = โน500 (50 ร โน10).
This approach requires patience and analysis but is safer than day trading for beginners.
3. Long-Term Investing: The Compounding Way to โน500 Daily
If you prefer less stress, long-term investing can yield steady daily average returns.
Letโs break it down mathematically:
- Suppose you invest โน1,00,000 in good stocks like HDFC Bank, Infosys, or ITC.
- The market gives an average return of 12% annually.
- Thatโs โน12,000 per year โ about โน33 per day from returns.
Now, if you keep adding funds monthly, reinvest dividends, and let compounding work โ within 2โ3 years, your average daily return can cross โน500.
This method is slower but highly stable.
4. The โน500 Daily Plan: Combining Short-Term & Long-Term Strategy
The most practical way is to combine intraday trading for cash flow and long-term investing for wealth building.
Hereโs how you can do it:
| Strategy | Investment | Target Profit | Time Frame |
|---|---|---|---|
| Intraday | โน10,000 | โน500 | 1 Day |
| Swing | โน20,000 | โน500 | 2โ3 Days |
| Long-Term | โน1,00,000 | โน500 | Daily Average (Yearly Return) |
This balance lets you earn consistent daily income while growing your wealth for the future.
5. Smart Risk Management โ The Key to Success
Never Trade Without a Stop-Loss
A stop-loss protects you when a trade goes wrong.
Example: You buy a stock at โน100 with a target of โน103 and stop-loss at โน98.
If the price drops to โน98, your broker sells automatically, limiting losses.
Risk Only 1โ2% of Capital Per Trade
If you have โน20,000, risk only โน200โโน400 per trade. This keeps you safe during bad days.
Book Partial Profits
When your stock moves in your favor, sell half to lock profit, and let the rest run for higher gains.
6. Choosing the Right Broker and Tools
To earn โน500 daily, you need a low-brokerage, reliable trading platform.
Best options in India:
- Zerodha (Kite)
- Upstox
- Groww
- Angel One
These platforms offer:
- Low transaction charges
- Free Demat account
- Charting tools and analysis features
Also, use apps like Moneycontrol, Investing.com, and TradingView to track markets and set alerts.
7. Technical Analysis for Daily Profits
You donโt need to be a pro trader โ just learn basic technical analysis patterns:
a. Moving Averages (MA)
Helps identify trend direction.
When the short-term MA crosses above the long-term MA, it signals a buy.
b. RSI (Relative Strength Index)
Shows overbought/oversold zones.
RSI below 30 = Buy; RSI above 70 = Sell.
c. Support and Resistance
Identify price levels where stocks tend to bounce (support) or fall (resistance).
Buy near support, sell near resistance.
With these basics, you can make informed trading decisions and consistently earn โน500 or more daily.
8. Best Times to Trade for Daily Income
Market volatility creates opportunities.
Hereโs when to act:
- Monday mornings โ post-weekend reactions
- WednesdayโThursday โ mid-week momentum
- Friday โ cautious trading before closing positions
Avoid trading during:
- Budget announcements
- Major global events
- Company result days (unless experienced)
9. Avoid These Common Mistakes
- Trading based on tips or rumors
- Ignoring stop-loss orders
- Overtrading after small profits
- Letting emotions control decisions
- Investing in illiquid penny stocks
Remember: Consistency beats luck. Aim for steady, small gains.
10. Building a Sustainable Daily Income Routine
To earn โน500 per day consistently:
- Start small with โน5,000โโน10,000 capital.
- Trade only 1โ2 reliable stocks daily.
- Use proper risk management.
- Track your performance weekly.
- Reinforce learning with trading books and YouTube tutorials.
Over time, your confidence and profits will grow.
The Real Path to โน500 a Day
Earning โน500 daily in the stock market is absolutely possible โ not through luck, but through discipline, patience, and smart execution.
The share market rewards those who learn continuously and control emotions. Start with small capital, gain experience, and scale up slowly. With consistent practice and sound strategies, โน500 a day will soon become a realistic goal โ and maybe even โน5,000 a day in the future.
Pro Tip: Always keep learning โ the market changes every day, and so should your strategy.