Intraday

Important: Intraday trading requires a good understanding of market trends, technical analysis, and risk management. Have a well-thought-out trading strategy beforehand.

What is it?Buying and selling stocks within the same trading day.
Why use it?You can buy low and sell high or vice versa within the same day and aim to profit from short-term price movements. 
ExampleBuy 100 shares at ₹100 per share and sell them later in the day at ₹105 per share, making a profit of ₹500 (excluding brokerage and taxes).
Good to KnowRequires constant monitoring of market movements Higher risk compared to long-term investing