5 Important Things to Know About Intraday Trading

If you want to Buy and Sell the Shares like Sabji Mandi Trader, Intraday Trading in Your DEMAT A/C is the best way. But, it is risky place of dealing, so, you must know 5 important things to know about your intraday trading.

1st Important thing to Know About Intraday Trading

What is Intraday Trading?

If you go to your DEMAT Account and select the product type intraday, it means, you are allowing to buy and sell in today current day. If you have bought your intraday and did not sell, your broker must sell your all intraday shares between 3 PM to 3 .30 PM Market price because you have selected Intraday product and intraday trading.




2nd Important thing to Know About Intraday Trading

Can I Convert Intraday Bought Shares into Delivery Product?

Yes, Intraday is trade buying and selling  of shares in one day. It is must, you buy and sell shares in one day and But sometime, market will not go to your thinking and you may face loss. So, you can wait for few days. For this, you have to convert it into delivery in your DEMAT account. It is very easy.

Just go to orders and select the option Trade book and in trade book, select select convert product in your bought intraday shares.



Now submit delivery product conversion.



Now, you can save from loss if your shares value is decreasing and this action must done before 3 pm

3rd Important thing to Know About Intraday Trading

Can I Cancel Buy or Sell Order in Intraday Trading?

Yes, you can do if your order is pending if not pending, you will unable to do this.


5th Important thing to Know About Intraday Trading

What are the Main Strategies of Intraday Trading by Traders?

Following the main strategies of buying and selling in intraday trading by traders.

(A) Scalping

Scalping is done by bid ask. Both Buyer and seller ask the Bid. Seller will ask for little high price and get earn profit and buyer will ask small lower price and book profit.


(B) Range trading

In range trading, trading between high and low price.


 (C) News-based trading

News trading is based on the good and bad news trading in intraday. This news may be every one hr basis. 
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