is a trading type in which you both buy and sell the stocks on the same trading day. As prices keep changing through the day, intraday traders try to make profits from these quick price movements.
In intraday trading, you will have to mandatorily close or square off the position on the same day, before the market closes. If you do not close it yourself, we will automatically initiate the square off at the market price at 3:15 pm (cut-off time).
Note: The cut-off time may change depending on market conditions and as per RMS discretion.