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Intraday Trading in Share Market

IntradayShare-Intraday Tool

By Pratik PatilPublished 2 years ago 3 min read
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Snapshot from IntradayShare Tool

INTRADAY TRADING

During the day, stock prices fluctuate depending on demand and supply parameters changes. In simple words, when demand exceeds the supply volume of the scrip, its price rises and a more drastic demand-supply gap results in a higher price.

Intraday trading involves buying and selling stocks within the same trading day.In other words, intraday trading means all positions are squared-off before the market closes and there is no change in ownership of shares as a result of the trades. Here stocks are purchased, not to invest, but to earn profits by harnessing the movement of stock indices. Thus, the fluctuations in the prices of the shares are monitored to earn profits from the trading of stocks.

WHO SHOULD PARTICIPATE IN INTRADAY TRADING?

Those who can take risks, and have enough time to follow the market closely and time trades. Intraday trading promises high returns and thus may sound very attractive. But it also carries a higher risk compared to the delivery segment. So if you have a day job that requires your full attention for most of the trading hours, you may want to avoid intraday trading.For one, you have to watch the market and time your trades to perfection.

WHAT KIND OF STOCKS TO CHOOSE FOR INTRADAY TRADING

In intraday trades, you need to square-off your position before the market closes. So, it is essential that you choose stocks that have enough liquidity for executing such trades. This is why many recommend high liquid stocks like large-cap stocks. This can also minimize the chances of your trades impacting the share price of the selected stock

INTRADAY TOOL:

We, at IntradayShare, offer traders intraday stock tool for US & India share market for free of cost. This tool is providing (almost) real time data to have as reference while doing intraday trading. This tool provides entry point, stop loss point , 3 targets (t1,t2,t3) for both bullish & bearish side. Please find above screenshot for the same.

From above image we will understand how this intraday level tool is working in real.In above image there are few Indian banks listed and for which we have data for intraday.

Bullish Market:

  • Identify the trend of Stock Market
  • Identify the trend of sector from which your selected stock belongs
  • If above, 2 points indicating market is up side or having positive sentiments, we will take position in stock which will cross buy above range.
  • Place Stop loss as per indication
  • Note all 3 targets as mentioned and exit once achieved (as per your greed)
  • As soon as it cross any level color of that cell gets changed
  • Have focus on Buy Above, SL & Targets, color is just for reference
  • If that stock crossed buy above range but did not hit any target in that case there is high probability it will hit reverse targets (Bearish)

Bearish Market:

  • Identify the trend of Stock Market
  • Identify the trend of sector from which your selected stock belongs
  • If above, 2 points indicating market is down side or having negative sentiments, we will take position in stock which will cross sell below range.
  • Note all 3 targets as mentioned and exit once achieved (as per your greed)
  • As soon as it cross any level color of that cell gets changed
  • Have focus on Buy Above, SL & Targets, color is just for reference
  • If that stock crossed sell below range but did not hit any target in that case there is high probability it will hit reverse targets (Bullish)

Please find below tool links for different markets.

Dow Jones

NYSE

NASDAQ100

India Market

If you found any issue or has any doubts please do not hesitate to contact us on our website. Please do not forget to subscribe our blogs. Thanks for understanding and support. We hope from here Trading goes on & on & on....seamlessly.

stocks
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About the Creator

Pratik Patil

Founder of IntradayShare.com , we are best in market who provide guidance for Intraday/Day trading. Our tool provide us Entry , Stop Loss & Targets for different stocks from US & Indian stock market for Free Free..

https://intradayshare.com/

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