What is Intraday Trading?

what is ipo

Intraday trading is when shares are bought and sold on the same trading day. As an example you buy 100 shares at 10 a.m. IST and sell the same number of shares before the market closes, which for the Indian Stock market is before 3:30 p.m. IST. The strategies that intraday traders use need to be well thought out and based on research. Day trading also known as short-term investmenting is a type of short-term investment.

For intraday trading, you need a broker where you can get several indicators and charts. To start intraday trading, you can trust Share India. With Share India, you have several indicators and charts. You also get valuable insights and tips related to the share market. In short, you can choose Share India if you want a broker who can deliver you speed, liquidity, and technology.

Intraday trading is a complex trade. But due to technological advances, more traders are engaging and enhancing their financial portfolios daily. Before you conclude, it's better to understand the concept of intraday trading and how to do intraday trading. There are several strategies & intraday tips that you can integrate with your trade.

There are some valuable tools for intraday, such as stop-loss. A stop-loss tool can be used in a day trade to avoid unwanted losses. A day trader often uses multiple tools and indicators to make a good trading strategy. Traders can use the Share India platform to trade the intraday market.

How Intraday Trading Works?

Now you know what intraday trading is. Hence, you first need to become eligible for intraday trade. You need to open a Demat and Trading account with Share India. After opening both Trading & Demat accounts, you need to know that intraday trading occurs during market hours, from 9:30 am IST to 3:30 pm.

For intraday trade, start by choosing certain intraday stocks which have a volatile price trend. To place a buy order, you must first define your order as intraday while purchasing any shares.

Suppose you bought 100 shares of XYZ company. After that, you can have a target price at which you want to sell your intraday order.

If the securities reach the target price, you can place a sell order, square off your position and make a profit, and in the opposite scenario, the trader will face a loss in your intraday trade.

Whatever the scenario is, you need to square off your trade before 3:20 pm IST, or else your intraday order will be converted into a Delivery order, and the following shares will be credited to your Demat account.

How to Start Intraday Trading with Share India?

  • Step 1


  • Go to the Share India site, Click on Open Demat account, and then enter your email & phone number.

  • Step 2


  • After entering your details, complete the eKYC verification.

  • Step 3


  • Scan & upload your Aadhaar Card & PAN Card.

  • Step 4

    E-sign & Confirmation

  • E-Sign Aadhaar through OTP and add nominee details.

    Explore Our Simple Brokerage Charges

    We help you to get value for money financial service. With Share India, you can invest with unbeatable trading charges.

    ₹0* On Equity Delivery

    No Hidden charges

    ₹0* Account Opening

    No opening charges for Demat & Trading account.

    ₹20* For F&O

    Trade without any worries

    ₹20* Intraday Trading

    Per executed order or 0.03% turnover, whichever is lower.

    ₹0* AMC

    Free maintenance for 365day** of account activation.

    Why Choose Share India for Intraday Trading?

    One-stop Trading

    Share India is the all-in-one professional trading platform. You can explore a range of financial products and services.

    Solid Research

    You won't just get research. You will get in-depth research backed by data and studied by industry professionals.

    Multiple Devices

    Carry your trade anywhere. Share India presents you with web and app-based trading solutions.


    Learning never stops. With Share India, understand & explore the depth of the share market.

    Robust & Secure Trading

    Every investment is crucial to us. We have built a platform that comes with encryption & essential security features.

    Customer Support

    Our support works each day to assist all your trading needs. We aim to make trading easy and affordable.

    Experience Our Exclusive Product & Services

    We are a 28 years young group trying to modify the investing habits of young millennials in India attracted to investing. Share India wants to grow with you by helping you reach your financial and trading goals.

    With the help of our technology-driven approach, our unique business model is based on quality and the ability to grow.

    Mutual Fund Icon

    Trade in Stocks

    Trade confidently with a digital-first approach and insights to make the most of equity markets.

    Read More
    Mutual Fund Icon

    Invest in IPOs

    Don’t miss the opportunity to invest in upcoming IPOs.

    Read More
    Mutual Fund Icon

    Intraday Trading

    Utilise your choice of intraday strategies.

    Read More
    Mutual Fund Icon


    Diversify your financial portfolio with F&O.

    Read More

    Online Trading Tools & Platforms

    Start your trading and investing journey with just a few clicks

    Start your trading and investing journey with just a few clicks

    Share India has a robust trading platform that makes trading easy. Our goal is for our company to be made up of traders, run by traders, and help traders.

    Offers trusted and transparent software.
    Online Desktop
    Smart interface
    The trading platform is a one-stop trading solution.
    Specialised offering
    Share India aims to provide the first of its kind algorithmic trading product to every Indian household.
    Option Calculator
    Plan your option trade and stay one step ahead in the stock market.
    Know More

    Articles on Intraday Trading

    Blog Image



    Intraday Vs Positional Trading: Know The Difference

    Thousands of individuals trade and invest in stocks every day on many of the popular trading platforms...

    Blog Image



    Pros and Cons of Intraday Trading

    A trader who engages in intraday trading does the buying and selling procedures on the same day....

    Blog Image



    How to Pick Stocks For Intraday Trading?

    Today's stock markets have a trend known as intraday trading. When newcomers learn about it for the first time, they envision themselves making enormous profits in only a day...

    What our Customers are Saying

    Testimonial top image
    Testimonial ICon

    Frequently Asked Questions on Intraday Trading

    Day trading can be challenging as it involves more risk than long-term trading. The capital required to make a significant amount of profit is also higher compared to long-term trading or delivery trading. It can be complicated for beginners to process tons of data and create a profitable trading strategy. It’s advisable for new investors to start with paper trading, create and perfect trading strategies, rather than blindly carrying out day trading and incurring huge amounts of losses.

    With the help of margin, intraday traders can borrow some money to amplify profits. There are certain rules and guidelines associated with margin trading imposed by the Securities and Exchange Board of India (SEBI). According to SEBI, the initial margin must be equal to less than 50% of the executed trade, while the investor must have at least 40% of the market value as a maintenance margin. Margins can be a boon for traders if used wisely, or they can become a bane if no proper research is done and precautions aren’t taken.

    Intraday profits are taxed as per the income slab of the traders. The gains from intraday trading are part of business income. There is no specific tax rate or tax bracket for business income or intraday trading profits. The profits made are added to your overall income, which will place you in the tax slab for which you have to pay tax accordingly.

    Anyone can carry out intraday trading. There are no strict regulations prohibiting traders from doing so, although it is advisable that beginners not engage in intraday trading. There are a lot of risks involved, and intraday traders must be capable of taking on this risk. They should also be able to put in the time and effort required to analyze and strategize all the trades. Intraday trading comes with high risk but provides high rewards; hence traders capable of taking this risk should participate in intraday trading.

    Self-generated intraday trades are buy and sell orders placed by traders through online platforms.

    There is no limit in terms of the quantity of trades you carry out. You can trade for whichever amount you wish to carry out for intraday trading. The limitation you might face is the amount of leverage you can use based on the value of the trade you wish to undertake. As per intraday trading, you cannot hold on to shares till the next day and must square off your positions on the same day.

    It’s not possible to hold on to shares till the next day in intraday trading. You will have to square off your position before the market closes. In case you fail to do so, your broker has set a perfect time at which your position will be squared off automatically. If you wish to hold on to the shares, you can convert them to delivery trade. Some brokers do so automatically in case they don’t square off your position. As per intraday trading, you cannot carry forward your shares to the next day unless you wish to change it to delivery trading.

    There is no limit on the amount you choose to use for intraday trading. However, there are restrictions on margin trading that limit the amount of risk exposure a trader can take on in a day. This limit is to benefit traders and ensure that they don’t face huge losses due to unforeseen circumstances. Margin trading can drastically boost profits, but one must use it wisely as it can also amplify losses.

    For intraday trading, you must square off your position before the market closes. In the event you don’t do so, it depends on your stockbroker as to what happens to your position. Your broker can square off your position at a specific time before the market closes. Apart from this, your broker can convert your position into a delivery trade, giving you ownership of the shares and adding them to your investment portfolio. You can choose to take a long position or sell it the next day. Based on your strategy, you must choose a broker who will either square off your position or gives you ownership and help you generate the profits you aim to gain.

    Intraday trading is when a trader buys and sells a particular asset in one single trading day. The delivery of the asset is not taken, and returns are booked on the same trading day. There are no such penalties in intraday trading. Although you should ensure you’re not carrying out any unfair practices that could lead to you facing a penalty.

    Intraday trading is a method of buying & selling stocks on the same day. In contrast, delivery trading refers to buying and holding this stock on a Demat account for a longer duration. Each trading has its advantages and disadvantages. Depending on your risk profile and financial goal, you can trade what works best.

    A stop loss is a buy/sell order set according to the trader's preference. Suppose you have purchased 10 shares for Rs.55/- and place a stop loss for selling these shares at Rs.50/-. Therefore when the share hits the price of Rs.50/-, the order will automatically be executed and save you from further losses.

    In intraday trading, you need to look for stocks that have some volatility in the stock market. You need to check if the stock has better liquidity or not. It's better to enter into intraday trading with proper research and analysis rather than blindly investing in stocks.

    For intraday trading, Share India offers low brokerage and flat fees of Rs.10/- per order or 0.03% of overall turnover, whichever is lower.

    Yes, you can buy and sell any shares in intraday trading.

    You cannot hold shares for another day at intraday trading. In intraday trading, you must sell or square off your position on the same day. If you hold these shares, your shares will be converted as delivery trade, and then you can hold these shares as long as you want.

    Advantages of Intraday Trading

    Intraday trading offers several advantages some of them are as follows:


    As you already know that intraday trading is a short-term trading. The time frame for an intraday trade can be 1-minute, 3-minute or 5- minutes chart. Depending upon your trade the timeframe can vary but it couldn't go further till the end of the trading session. As per your calculation and trade, you can make better returns & invest in the stock market.


    You can easily get 2X to 4X leverage for your intraday trade. Doing intraday trade with leverage can be more risky. Before taking leverage, it's advised to know the terms & conditions of the broker. With more capital you can also increase your profit, if your intraday trading strategies works well. Learning different intraday trading strategies can help you execute your trade successfully.

    Less Risk

    Compared to other types of trading, Intraday trading has no overnight risk. Traders can do trade without worrying about the next day's events, news or any changes in the finance world. Intraday traders often plan to make profit in small price differences which can easily be achieved if the stock is volatile & has high liquidity.

    Stop-loss order

    In your intraday trade, the price can be highly volatile, and chances of closing your position before getting huge losses is high. To cut down the risk, a trader often uses a stop-loss order which can execute your trade as soon as it reaches a predetermined price set by the trader. Time frame & the trade on price difference with higher capital is the key for doing day trading. Due to this it's important to set a stop-loss order to cut-down higher risk on your trade.

    Hidden Footer Popup