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Intraday

WHAT ARE INTRADAY TRADES?

Purchasing and selling securities listed in a stock exchange on the same day is known as intraday trading. The primary purpose of transacting in this method is to realise capital gains on purchased securities as well as minimise risks by keeping money invested for an extended period.

It is essential to identify the best intraday stocks while undertaking such investments, as it has relatively higher risks.

Benefits of Intraday Trading

  • Lower Risk Since securities are purchased on the same day in intraday trading, risk of incurring substantial losses are minimised. However, in case of standard trading wherein the principal is kept locked in for a considerable period, changes in price can be significant, making an investor worse off in case of stock market downturns.
  • Lower Commission Charges : Stockbrokers charge nominal fees while transacting in intraday trading stocks, as delivery expenses of transferring security in the name of an investor are forgone. Stock transaction tax, trade fees, services tax, etc. are all-inclusive in brokerage fees, and such deductions reduce the income of an investor.
  • Higher Profits Intraday trading is known to yield massive wealth creation for investors, provided accurate investment strategies are applied. Capital appreciation in a rising stock market can be achieved easily. In case of adverse market conditions, intraday share traders use the method of short selling to earn profits.
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    Date Instrument Day Trend (As per Technical Indicator)

    Open Demat and Trading Account with Growthdex Consultancy Services Pvt. Ltd. OPEN DEMAT AND TRADING ACCOUNT

    Why Open Demat and Trading Account with us ?

    A Demat account helps investors hold shares and securities in an electronic format. It is also commonly known as a Dematerialised account. This account helps keep track of an investor's holdings in shares, exchange-traded funds, bonds, and mutual funds in one place.You can open a Demat account without a trading account. Sometimes an investor just wants to hold the shares over the long term without selling them in the near term. Such investors can store the shares in their Demat account.Safe and Secure: It provides a secure environment for storing your securities, reducing the risk of loss, theft, or damage associated with physical certificates. Convenience: Demat accounts offer easy access to your investments, allowing you to buy, sell, or transfer securities with just a few clicks.

    An trading and demat account is most required for purchasing and selling and holding shares. However the trading and demat account could become dormant if there are sustained periods of inactivity. And no trade can be made through an dormant trading account until the reactivation process is completed.

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