13 Feb | What is intraday trading | how to do intraday trading | Intraday trading idea

Trading Karma February 13, 2024Last Updated: February 14, 2024

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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.

TCS Trade # I went long in TCS around 11.55 withing next 2 candle SL got hit, after hitting SL it went in my anticaped direction but as we all know its a part of game, in same stock ( TCS) I made a short position it was classical reversal trade and went in my favour though didnt deliver expected result but somehow helped in recovering loss.

NIFTY Trade # it was weak opening dedcided to go long with the help of credit spread and as per expected line NIFTY delivered positive Closing, in same duration NIFTY 21700 CE was trading around 98 (9.45) & Closed around 147 (3.15) given 2500 Profit

(For details refer attached charts & video) TCS intraday chart