Intraday trading

DEFINITION If you buy and sell shares in a single day then the type of Trading is called as Intraday Trading. In Intraday Trading you can sell shares within seconds, minutes and hours after you buy, whenever you want and when you feel that your profit Target has been reached. But all the shares you bought with the intraday option should be sold 30 minutes prior to the closing time. The general closing time of Stock Market is 3:30 pm. So you should sell all your shares those you bought with Intraday option should be sold before 3pm. Remember if you sell the shares which bought on previous Trading day, then it will not be considered as an Intraday Trading. In Intraday Trading if you buy shares on 22nd you should sell them on 22nd itself.
DESCRIPTION
Stockstrokes

Another way of saying "within the day". Intraday price movements are particularly important to short-term traders looking to make many trades over the course of a single trading session. The term intraday is occasionally used to describe securities that trade on the markets during regular business hours, such as stocks and ETFs, as opposed to mutual funds, which must be bought from a dealer. This term is often used to refer to the new highs and lows of a security. For example, "a new intraday high" means a security reached a new high relative to all other prices during a trading session. In some cases, an intraday high can be equal to the closing price. Traders pay close attention to intraday price movement by using real-time charts in an attempt to benefit from the short-term price fluctuations.

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