Hello Traders,
We all know that intraday trading is risky, but let’s be honest—it excites every trader, including me! The idea of making money daily is tempting, but to succeed, you must have the right technical skills and discipline. If you can master these, you can consistently generate profits from intraday trading.
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What is Intraday Trading?
Intraday trading, also called day trading, means buying and selling a stock on the same day—no overnight positions, no carry-forward. In intraday trading, all positions are squared off before the market closes, a major point of its difference with regular trading. While a regular trade settles over a span of days, intraday trade gets settled on the same day during the exchange trading hours. The best time for intraday trades is usually the first 1–2 hours after the market opens, as this is when volatility is highest.
The main objective of intraday trading is to harvest profits from the fluctuations in the stock prices during the day. The trader’s primary intent is to make quick profits rather than looking for long term investments.
The good part? You can do intraday trading in any segment:
-Equity (cash segment)
-Futures & Options (F&O) – stocks & indices
-Commodities & Currency derivatives
One advantage of intraday trading is that you can take leveraged positions even in stocks that are not in the F&O segment. But remember, leverage is a double-edged sword—it can amplify your gains but also increase your losses.
How do I choose stocks for intraday trading?
Stock selection is very important for Intraday Trading. You can earn profit in Intraday if you are able to understand “Top Gainers” and Top Losers.” Here many things are considered before selecting stocks for Intraday Trading. For Intraday Trading always choose Nifty 50 stocks. Always keep watch on global market before placing Intraday Trades. GIFT Nifty now plays a major role in determining market sentiment, replacing SGX Nifty.
Before placing an intraday trade, check GIFT Nifty and our domestic index movements. Once you’ve selected a stock, analyze the sector performance to ensure alignment with market trends.
Below are some basics I use to follow for choosing stocks for Intraday Trading:-
- Stocks which is not moving with Index:
There are certain stocks that do not move in sync with Nifty. If you trade such stocks while expecting them to follow Nifty’s direction, you may end up making losses. To improve the accuracy of intraday trades, it’s always better to select stocks that have a strong correlation with Nifty’s movement.
- Range is very important for making money in Intraday:
Here if you are entering when a stock is already upside by 10–15 points but just it is moving madly you will buy from market thinking to take small profit of 2–3 points. But entering at wrong level can lead you to huge loss. If you have bought a stock and it started falling then assuming that this will lead to major loss you will book the loss and exit after that the same stock will hit your target so while placing order never think bias. Always think both the side. Here never buy when a stock is constantly falling or never sell when a stock is constantly rising wait when it gets stable you can enter.
- Never trade in a stock for intraday in which news are flashing:
Many people enter a stock as soon as news breaks, assuming that the market will move in a predictable direction. However, the market is often unpredictable, and trading based solely on news can lead to losses.
For example, during the Union Budget 2025 announcement, many expected a strong rally, especially after positive measures such as tax cuts and increased infrastructure spending. However, instead of a clear upward trend, the market moved negatively, creating confusion among traders.
- If trade is not booked in Intraday add capital and carryforward for good returns in a day or two:
To earn profit everyday in Intraday is not possible. No one can make money on daily basis. So in this situation if you are not getting profit or position is in quite loss or ctc then if possible try to add sufficient margin required to hold that position for next day that will get you good returns as stock may hit your target in a day or two.
Final Thoughts
Intraday trading can be highly rewarding if done correctly. The key is to:
✔️ Pick the right stocks
✔️ Time your entries well
✔️ Avoid emotional trading based on news
✔️ Be prepared to hold the trade if needed
If you follow these strategies with proper risk management, you’ll see consistent improvements in your intraday trades. Remember, trading is a skill—learn it, master it, and profits will follow!
Thank you for reading !! Wishing you success in your stock market journey—invest wisely and trade smart…. !!