Day-41 | What is intraday trading | how to do intraday trading | Intraday trading idea
Day-41,What is intraday trading ?
Taking position only for intraday but with proper SL & Target.
Our intraday trading strategy :- we do intraday trading HDFC Bank + Reliance +TCS & NIFTY Credit Spread
Note # Pledge your investment in Equity or Nifty ETF to raise funds for intraday trading
Trade# 1 (Intraday trading in TCS):-
Made a short position in TCS around 9.45(Ref Chart),
It was reversal trade,
This Trade resulted into loss off of 2746,
Trade-2 (intrady Trading in HDFC Bank):-
Made a Long Position in HDFC Bank around 10.45,
This Trade resulted into a Profit of 3025,
Respected First hour low,
waited for reversal then entered.
Trade-3 (Intraday Trading in NIFTY) :-
Created Credit Spread in NIFTY around 10.45
This Trade resulted into Profit of 545,
Sold 22100 PE & Bought 22000 PE,
22200 CE given 15 % profit in the same duration.