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Wednesday 9 September 2015

What is intra-day trade?

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.

What do you think on this topic? Please express your opinion or ask any question through comment below. You can write to me at reply2sagar@gmail.com

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