Article by Ruhi
At the beginning of a typical day, an Indian trader or Investor is expected to go through all those small and major events that will or can have an impact on the stock market of India, primarily National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), when these stock exchanges open for trading. in addition, the trader and/or investor will also carefully listen and take heed of the relevant opinions of technical analysts appearing on various radio and TV channels and of the tips provided by their favourite financial advisors via the online channels, over phone, or via SMSs. From all this, we can easily infer how important the live share market.
As for any average individual, in most of the cases he/she is not expected to start investing as a source of earning. This holds in spite of the fact that share market live investment is one of the safest ways of consistent earning, no matter how the financial climate is. Generally, investments are planned on the basis of the anticipations regarding the economic highs & lows, with several strategies present that minimize the associated risks.
For investing successfully, you need to keep a close tab on the movements in Indian and other required countries’ stock markets. Live charts enable you to be in the know of almost all the hot share market news and give you a decent idea on whether you should think of investing in the share markets or not. Live charts of the stock movements can easily be watched both on websites and television. Apart from that, you can carry out activities such as:
– Track as well as analyze the live stock graphs listed in the Indian stock exchanges as much possible. It is recommended to note the opening price of top 3 stocks. Additionally, check the opening of stock exchanges, where green is meant for indicating positive opening and red is for signifying negative opening.
– If share market gets a negative opening and if this market starts to work against the brokerage recommendations, then you are required to ignore those very stocks.
These are just few of the basic methods for ensuring profit booking. However, success is also a function of various other factors including festival occasions, disaster news and political news. Again with experience, you will eventually be in a position to analyze market in a better manner that would further result in better profit booking.
In the present day, the best way of trading or investing is doing it online. Thanks to emergence of internet and various feat achieved in the field of mobile communications, investors and traders are not provided with comprehensive real-time information, again resulting in taking sound investment decisions.
