"Intraday Trading for Beginners: The Real Truth

Do you know what intraday trading is?

Intraday Trading means buying and selling shares on the same day — that’s it. You buy a stock in the morning and sell it before the market closes — even if it’s just a small price change, that’s how you make money. Let’s say you bought a stock for ₹100 at 10 AM and sold it at ₹105 at 2 PM — you made ₹5 profit in just a few hours. You didn’t keep it for days or months. That’s intraday trading.

📘 Real-Life Example 1: School Canteen Logic

Let’s say your school canteen sells samosas for ₹10 in the morning.
You buy 10 samosas at ₹10 each = ₹100. Now it’s lunch break, and everyone wants samosas. So you sell them to your friends for ₹15 each. You earn ₹150, which means ₹50 profit in the same day.

👉 You bought in the morning and sold by afternoon for a profit.
That’s exactly how intraday trading works — just with stocks instead of samosas.

📘 Real-Life Example 2: Festival Sale Idea

Imagine there’s a Diwali fair near your house. In the morning, you find trendy bracelets being sold for ₹20 each. You quickly buy 5 bracelets for ₹100. By evening, people are rushing in, and demand goes up. You sell those bracelets for ₹40 each. You earn ₹200 — that’s ₹100 profit on the same day.

👉 Buy low, sell high — same day = Intraday Trading.

🔍 Understanding the Real Meaning of Intraday Trading

Intraday Trading means:
You buy and sell a stock on the same day to make quick profits from small price changes.

Unlike long-term investing (where you hold for months/years), here you’re in and out within hours — just like quick flips.

Master Intraday Trading in 1 Day – Unlock Daily Profit Power

🔧 Let’s break it down into 4 simple parts:

1. 📊 Technical Analysis

This is like reading a stock’s body language. You look at charts and signals (like RSI, MACD, Moving Averages) to guess whether the price will go up or down in the next few minutes or hours.

Bro Tip : Just like you look at the cricket scoreboard and guess whether a six will be hit now, similarly these tools tell whether the price will go up or down.

2. 😨 Market Sentiment

This means understanding how traders are feeling — are they scared (fear)? Overconfident (greed)? Or excited? If more people are panicking, they’ll sell — price goes down. If everyone is buying like crazy, price shoots up.

Bro Tip : Just like how everyone runs to buy gold when the market is crashing — same emotions work in trading too.

3. ⚡ Volatility

Volatility = how much the price moves. Intraday traders love it because when the price jumps up and down a lot, there are more chances to make money.

But brother, more movement = more risk.

Bro Tip : Just like Momo ride is fun as well as scary, volatile stocks are also a great way to do it – high reward, high risk.

4. 💧 Liquidity

Liquidity means how fast you can buy/sell a stock without any problem. If a stock has lots of buyers and sellers, it’s easy to get in and out quickly — perfect for intraday.

Bro Tip : Like it is easy to get a rickshaw at the metro station (high liquidity), but difficult in the jungle (low liquidity).

🔄 Real-Life Example

Let’s say you go to a Sunday market.

At 10 AM, you find T-shirts for ₹200 each. You buy 5 of them = ₹1000.
By 1 PM, there’s a crowd, and people are paying ₹300 per T-shirt.
You sell all 5 for ₹1500.

Profit = ₹500 — same day, quick flip, smart timing.

Now imagine doing this with stocks, not T-shirts — that’s intraday trading.

You looked at the crowd (sentiment), watched the price (technical), knew when demand rises (volatility), and sold fast because the market was active (liquidity).

🎯 Goal : Either buy low and sell high, or sell high and buy back lower (short selling) — all in one day.

🕒 Key Intraday Trading Times in India

Knowing the market timings is crucial. Here’s what matters in the Indian market:

1. Normal Market Hours (NSE/BSE)

Regular Session : 9:15 AM – 3:30 PM
Closing Price Calculation : 3:30 PM – 3:40 PM
Post-Closing Session : 3:40 PM – 4:00 PM (used for specific transactions like block deals)

2. Time Slots That Matter

9:15 – 9:45 AM : Highly volatile; markets digest global news. Great for breakout strategies.
10:30 AM – 2:30 PM : Markets cool down a bit. Range trading and sector rotation can work.
3:00 – 3:30 PM : Volatility rises again. You can find solid trends or reversals.

🧠 Best Intraday Trading Strategies – Your Arsenal

1. ⚡ Scalping – “Chhoti chhoti cheezein, jaldi jaldi paisa”

Scalping means doing many tiny trades in a day to make small profits again and again.

You don’t wait for big moves. Just ₹1-2 profit per share — but 20–30 times.

👉 You need: super-fast internet, full focus, and lowest brokerage.

Example:
Like selling 10 water bottles in school for ₹1 profit each — small margin, but fast and many times. By the end of the day, profit adds up.

2. 🚀 Momentum Trading – “Jo bhaag raha hai, usi ke saath bhaag”

Here, you find stocks that are already moving fast (up or down) with high volume — and you jump in to ride that trend.

You stay in until it looks like the speed is slowing down.

👉 You need: to spot the trend early and exit before it cools down.

Example:
Like when a song goes viral on Instagram, you quickly make a reel on it to catch views — but if you wait 3 days, trend khatam.

3. 💥 Breakout Trading – “Jab taala tootta hai, tab daud lagate hain”

Here, you wait for the stock to break a strong level — either going above resistance or below support.

Once it breaks out with good volume, you jump in and ride the move.

👉 You need: patience and confirmation from volume.

Example:
Like when a crowded shop opens a new door (breakout), suddenly everyone rushes in. You join at the right moment and enjoy the flow.

4. 🔄 Range Trading – “Upar se bech, neeche se le le”

If a stock is moving between two price levels (a range), you keep buying when it touches the bottom (support), and sell when it hits the top (resistance).

👉 You need: to identify the range and stay calm. No hurry here.

Example:
Like a cricket ball bouncing between two walls. You know it’ll come back, so you keep catching and throwing. Easy and repeatable.

5. 📉 Pullback Trading – “Trend chalu hai, par jab rukke tab ghus ja”

Here, you look for a strong trend (either up or down). When there’s a temporary pause or dip, you enter the trade expecting the trend to continue.

👉 You need: to spot the trend direction and enter at the right time (not too early, not too late).

Example:
Like a bus is moving. It slows down at a speed breaker (pullback), and you quickly jump in — because you know it’s going to speed up again.

💰 Taxation on Intraday Trading

Don’t ignore the taxes — here’s what you need to know:

Nature of Income
Profits from intraday trades are treated as “Speculative Business Income” under the Income Tax Act.
Tax Rate
You’ll be taxed based on your income slab (can go up to 30% + cess/surcharge).
Deductible Expenses
Brokerage, internet bills, SEBI fees, STT, GST — all can be deducted from your trading profit.
Loss Treatment
Losses are also speculative and can only be set off against speculative gains. You can carry them forward for 4 years.
Audit Requirement
If your turnover exceeds ₹10 crore (or ₹2 crore with losses), a tax audit under Sec 44AB is required.
Advance Tax : If your total tax liability crosses ₹10,000, advance tax payment is compulsory.

📱 Choosing the Right Intraday Trading App

Your app is your command center — make sure it’s fast, secure, and feature-rich.

Look for these features:

Fast order execution with zero lag
Advanced charts (candlestick, Heikin-Ashi, indicators)
Real-time prices and Level 2 depth
Multiple order types: Market, Limit, Stop-Loss, Bracket Orders
Easy to navigate UI
Alerts for prices, indicators, or order triggers
Strong security (2FA, encryption)
Low brokerage — every paisa counts!

Top Apps in India:

🧩 What Every Intraday Trader Should Know

1. 🚨 Risk Management First

Never risk more than 2% of your capital on a single trade.
If you have ₹10,000 — don’t risk more than ₹200 per trade.

👉 Example:
Imagine you have ₹1000 to eat for the week. Would you spend ₹700 on one pizza? No, right? Same with trading — protect your capital like your food money.

2. 🐣 Start Small, Scale Later

Don’t go all-in from Day 1. Start with small trades. Learn, improve, then grow.

👉 Example:
Like learning to swim — first you try in 3-feet water, not in the deep end.
First learn to float, then dive.

3. 📈 Trend is Your Friend

Trade in the direction the market is already moving. Don’t go against it.

👉 Example:
If everyone in the class is submitting homework to teacher A, you don’t go to teacher B.
Follow the flow, not fight it.

4. 💧 Stick to Liquid Stocks

Only trade stocks that have high volume. You can buy/sell easily and fast.

👉 Example:
Like Ola/Uber in a city vs. a village. In the city (liquid market), cabs are everywhere. In the village (low liquidity), you’ll get stuck.

5. 🧘 Don’t Overtrade

Not every candle or price move is a chance. Wait for your setup.

👉 Example:
Like in cricket — you don’t hit every ball for six. Wait for the right ball — then smash it.

6. 🧠 Control Emotions

Fear and greed ruin traders. Accept small losses. Don’t try to recover by gambling more.

👉 Example:
Lost ₹100? Fine. Don’t bet ₹1000 on the next trade to get it back.
That’s revenge trading — and it kills accounts.

7. 🧼 Keep Charts Simple

Use just 2–3 indicators that you understand well. Don’t confuse yourself with a jungle of lines.

👉 Example:
Like using 10 spices in Maggie — it ruins the taste.
Stick to 2–3, and cook it right.

8. 🛑 Always Use a Stop-Loss

This is your seatbelt. If the trade goes wrong, stop-loss will save you.

👉 Example:
Would you drive a car at 100km/h without brakes?
No stop-loss = crash ahead.

9. 🧍 Know When to Stop

If you’ve hit your loss limit — stop for the day.
Even if you’ve made big profits — don’t get greedy and overtrade.

👉 Example:
Like eating your favourite dish — stop when you’re full.
Overeating = regret later.

10. 📚 Keep Learning

The stock market keeps changing — so should your knowledge and strategies.

👉 Example:
Just like mobile apps keep updating — you also need to update your skills.

Book Recommendations

Book	Author	Why Read?	Buy Link
Intraday Trading for Beginners	Ankit Gala	Covers time frame setups in detail	[Amazon Link]
Technical Analysis of Financial Markets	John Murphy	Best book for understanding charts	[Amazon Link]
Come Into My Trading Room	Dr. Alexander Elder	Master psychology + time frame analysis	[Amazon Link

11. 🧾 Choose the Right Broker

A good broker means fast trade execution, low brokerage, and better chances of success.

👉 Example:
Like ordering food online — if the app is slow or the delivery is late, your experience is ruined.
Good broker = smooth trading ride.

✅ Conclusion: Your Intraday Trading Journey

Bro , intraday trading looks exciting — quick profits, fast moves, charts running like a race…
But the truth is — it’s not a get-rich-quick scheme.
It’s a skill, a routine, and a mindset. And you need patience, control, and constant learning.

Success won’t come in one day.
But if you respect the market, manage your risk, and keep your emotions in check — you will grow.

🎯 Real-Life Example: The Gym Trainer vs. the Guy Who Lifts Too Much

Imagine two people go to the gym.

The first guy starts slow, learns the right form, lifts light, eats right — and after 6 months, he looks solid, injury-free, confident.
The second guy comes on day one, tries to lift heavy to show off. He pulls a muscle and quits after 3 days.

Intraday trading is just like that.

Don’t rush. Don’t show off.
Start small, learn every day, and protect your capital like your health.

🧠 Final Words, Brother to Brother:

“Intraday trading is a journey. Treat it with respect, grow with it, and don’t try to become rich overnight.
Success will come, not fast — but for sure, if you stay smart.”

So take your time, build your strategy, control your emotions, and never stop learning.

I believe in you, bro. Let’s do this the right way. 💪📈

🙋‍♂️ Frequently Asked Questions (FAQs) About Intraday Trading

1. What is intraday trading in simple words?

Intraday trading means buying and selling a stock on the same day to make quick profit from small price changes.

2. Is intraday trading good for beginners?

Only if you are willing to learn, practice, and control your emotions. It’s not gambling — it’s skill + patience + discipline.

3. How much money do I need to start intraday trading?

You can start even with ₹1,000 to ₹10,000 using a broker that offers leverage. But always begin with small amounts and focus on learning first.

4. How much profit can I make in a day?

Profits depend on your strategy, capital, and risk management. Some traders make 1-2% daily, but some lose too. It’s not fixed.

5. Do I need to pay tax on intraday profits?

Yes. Intraday profits are taxed as “speculative income” under business income. You may also need to file ITR and do audit if turnover is high.

6. Can I do intraday trading on my mobile?

Yes. Apps like Zerodha Kite, Upstox, Angel One, Groww, etc. make intraday trading super easy on mobile.

7. What is stop-loss and why is it important?

Stop-loss is like your seatbelt. It automatically closes a trade if the price goes against you — so you don’t lose too much money.

8. What time is best for intraday trading in India?

9:15 AM to 10:30 AM (high volatility, good for breakout traders)
2:30 PM to 3:30 PM (last hour moves, often trending)

Avoid trading in the slow noon hours unless you have a specific setup.

9. Can I do intraday trading without charts or indicators?

Technically yes, but you’ll be trading blindly. Learning basic technical analysis is a must to improve your chances.

10. Is intraday trading risky?

Yes, it has risk — just like any business. But with proper risk management, stop-loss, and discipline, you can reduce losses and grow slowly.