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For buying Intraday stocks you need to follow some procedure followed in intraday trading. Intraday Trading is the buying and selling of the stocks on the same day. <br><br>For more details visit: https://www.tradingfuel.com/how-to-buy-intraday-stocks/
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In Intraday Trading, there is a very common step that should be followed for buying stocks. First, you have to open a Demat account and trading account. After that you need to get the knowledge from the experts who will give you the whole details related to intraday trading. Then, you need to follow the instructions with discipline.
Intraday Trading : It is the process of buying and selling of the stocks on the same day but in such a way the net position should be zero at the end of the day. Intraday transactions are directly closed by the brokers at closing time when trader forgets to close down. As the trade starts and ends, in intraday trader’s Demat account there is no delivery of shares or stocks.
Points: How to Buy Intraday Stocks? 1. Trade only liquid stocks First step when you are buying intraday stocks is trade only on the stocks that are liquid because liquid stocks have vast commerce volumes. 2. Don’t choose the volatile stocks Second is that you should not choose the stocks that are volatile. In Intraday Trading, the highly volatile stocks are not advisable. 3. Trade in stocks that have good correlation An intraday tip for selecting the correct stock is to prefer people who have a better correlation with major sectors and indices.
4. Take the share for which you are sure Quality Analysis is a very important intraday tips that the traders should keep in the mind while buying the stocks. 5. Follow the market trend In intraday trading it is important to follow market trend. So, that the trader can find out the stocks that should buy when there is a bull run in the stock market.
Points: To Pick the Stocks for Intraday Trading Shares Volume Resistance Level Choose Stocks of the Day Select the few stocks from stock-lists for intraday Pick the stocks with weekly momentum Select Top gainers and losers for trading
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