Groww app intraday trading | Intraday trading in tamil | Stock Buy & Sell | Star



Groww app intraday trading | Intraday trading in tamil | Stock Buy & Sell | Star online

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As mentioned, intraday trading, also referred to as ‘day trading’ by many traders is the buying and selling of the stocks on the same day. As easy as it is sounds, it might be riskier than regular stock market investing. Thus, it is imperative for traders, especially beginner traders to understand the nitty-gritty of such trading technique to avoid any losses.

Now, how intraday trading works? Let’s assume a person buys certain stocks of a company, then first and foremost, they must specifically mention ‘intraday’ on whatever platform used for investing. This indicates to the broker that the user intends to trade the stocks of the same company on the same day before the market closes.

If a certain stock opens a trade at Rs 600 but jumps to Rs. 660 within a couple of hours. If 1,000 stocks were bought in the morning and sold at Rs 660, a profit of Rs. 60,000 would be made straight away in just a few hours.

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