Type of Trade :
Intraday Trade : Intraday trading is also known as day
trading, it refers to a trading strategy in which traders buy
and sell financial instruments, such as stocks, within the
same trading day.
In other words, intraday trading involves opening and
closing of any positions within a single trading session, with
no overnight exposure to market volatility. The advantage of
intraday trading is to capitalize on short-term price
movements and take benefits of intraday price
fluctuations.
Holding Or Delivery Trade: Delivery trading, often simply
referred to as “delivery,” is a trading strategy in the stock
market where investors buy and hold financial instruments,
such as stocks or securities, with the intention of owning
them for an extended period of time.
In delivery trading, investors take actual possession or
delivery of the Securities or stocks they purchase, and the
ownership is transferred as unit of share to their Demat
accounts.
The categorization of Holding or Delivery Trades is further
delineated based on two distinct scenarios, considering
their holding duration. These two trade scenarios are Short
term and Long term trade.