How to Do Intraday Trading On Groww App?
Intraday trading is purchasing and selling of shares on the same day. There are two scenarios in intraday trading: one is bullish and the other is bearish. If the investor is bullish the price of a share can go higher till the closing of the share. Therefore the investor buys the share when the market opens. And sells the share at the end of the day to make a profit. The same thing applies when an investor is bullish about the stock.
Now the question that will come to your mind is how to do intraday trading on Groww App. Don’t worry, just follow our step-by-step guide and do intraday trading.
Steps To Do Intraday Trading on Groww App
1. Open the Groww app on mobile/web.
2. Select the stock from holdings or via the groww search bar.
3. Tap the stock, stock details will appear.
4. Click “Buy Button”.
5. Now set the delivery type to “Intraday”.
6. Set the no. of shares.
7. Tap the “Buy” option and the order will be successfully placed.
8. Now tap the “Positions” option for selling stock.
9. Select the intraday stock.
10. Click on the “Sell” option to sell the stock.
11. Set the share quantity you want to sell.
12. Click on “Exit”
13. Your Share Successfully Sell.
In this way, the intraday trading is done on the Groww App.
Also, Check - How to Set Safe Exit in Groww
Note: Selling of stock depends on the investor. It's the investor's decision when to sell the stock.
Conclusion
Intraday trading benefits the investor when the analysis of a particular stock is accurate. Because the investor needs to be sure about the intraday investment. With Groww it's easy to do. So this explains how to do intraday trading on Groww App.
After writing content around various niches, I got aligned towards finance and started writing content that provides finance insights.