For successful investing, first you should start watching the movement of Indian stock markets live. The Live charts will give you all the share market news and clear idea on whether you should invest in the stock markets are not. You can watch the live charts of the stock movements either in television or websites online. I will explain in detail how the live charts will help.
For example, take Share Market Day trading.
If you are planning to do Day Trading today, in any stocks and say you have got an Indian share market tips for 3 stocks.
State Bank of India – Buy Call – Target Price – Rs 500 (say)
Reliance Natural Resources Limited – Buy Call – Target Price – Rs 75 (say)
Tata Motors – Buy Call – Target Price – Rs 600 (Say)
I will explain, how Indian stock market live will help you to choose the best. The above stocks are taken for example for easy understanding.
Start watching the Indian stock market live graphs and note the opening price of the above 3 stocks. Also note the opening of the stock market i.e. it is in green or red. Green Indicates the markets have opened positively and Red Indicates the market has opened negatively.
If the stocks opens in red and if it is against the brokerage recommendations then ignore the stocks. For example if State Bank of India opens in red with a price of Rs 485 and starts moving downwards to Rs 482, then there is a less chance of this stock reaching the target. So you should ignore the Indian stock tips of State Bank of India.
If the other stocks open in green when compared to the previous closing price, say Reliance Natural Resources Limited opens at the price of Rs 71 against the previous closing price of Rs 68 and Tata Motors opens at Rs 585, when compared to the previous closing price of Rs 585, i.e. there is no change in the price, then there is less chance for Tata Motors to reach the target. This is because the Indian stock exchange has opened in Green today and Tata Motors has not reacted to the positive momentum in the Indian stock market.
In this situation, if you are able to do successful Indian stock market analysis, then you should choose to buy “Reliance Natural Resources Limited” which has more chance to reach the target.
This is just a small example of doing successful analysis. But this success also depends on various factors like political news, disaster news, monsoon and festival occasions. Through experience you will be able to gain more knowledge on successful online share trading. If you want to know more about share market refer Intraday Tips For Tomorrow and Share Market Courses in Mumbai.
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