How to make 100$ intraday profit in stock market

Investing in the stock market can be an excellent way to earn profits. However, it requires careful analysis and a well-defined strategy to succeed. Intraday trading is one such strategy that can help investors earn profits in a single trading day. In this article, we will discuss how to make $100 intraday profit in the stock market.


Choose the right stock

The first step to making profits in intraday trading is choosing the right stock. Look for stocks with high liquidity, a stable track record, and a good trading volume. Avoid penny stocks or stocks with low trading volumes as they can be volatile and risky.


Analyze the stock's performance

Once you have identified a stock, analyze its performance in the past few trading sessions. Look for patterns and trends, and try to understand the stock's support and resistance levels. This analysis will help you make an informed decision about when to buy and sell the stock.


Define your entry and exit points

Based on your analysis, define your entry and exit points. Your entry point should be the price at which you will buy the stock, and your exit point should be the price at which you will sell it. Make sure to set stop-loss orders to limit your losses.


Use technical analysis tools

Technical analysis tools can help you make better decisions about when to buy and sell a stock. Use tools such as moving averages, Bollinger bands, and Relative Strength Index (RSI) to understand the stock's trend and momentum.


Monitor the stock closely

Once you have bought the stock, monitor it closely. Keep an eye on any news or developments that can affect the stock's performance. Set alerts for price changes or trading volumes to stay informed.


Be disciplined and patient

Intraday trading requires discipline and patience. Stick to your strategy, and do not let emotions cloud your judgement. If the stock is not performing as expected, do not hold onto it for too long. Cut your losses and move on.


In conclusion, making $100 intraday profit in the stock market requires careful analysis and a well-defined strategy. Choose the right stock, analyze its performance, define your entry and exit points, use technical analysis tools, monitor the stock closely, and be disciplined and patient. With these steps, you can increase your chances of earning profits in the stock market.

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