Intra-day trade is a trade which is squarred off on the same day.
Intra day trades allow you to make profit out of fluctuations in the stocks prices on a given day. The brokerage and tax charges are also very less as compared delivery trades.
Example - Long position
You buy RCOM shares at 9.30 AM and sell them at 3PM on the same day.
Example - Short position
You short sell TATA Motors shares at 10.30 AM and buy them at 2PM on the same day.
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Intra day trades allow you to make profit out of fluctuations in the stocks prices on a given day. The brokerage and tax charges are also very less as compared delivery trades.
Example - Long position
You buy RCOM shares at 9.30 AM and sell them at 3PM on the same day.
Example - Short position
You short sell TATA Motors shares at 10.30 AM and buy them at 2PM on the same day.
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