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Tagged: Intraday, Settlement
We need to close on the same day since the name itself suggests Intraday ,it is done to gain profit/loss with in the day as it is spot market.
But it is not mandatory,if you trade on same it is treated as Intraday otherwise positional.
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>No,but we have to close the intraday position because stock was analysed for that day only.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Analysis does not help to hold the stock for nextday.</p>
as the name suggest intraday trading should be completed within a day. if it is not closed on the same day it will be considered as positional
We need to close on the same day since the name itself suggests Intraday, it is done to gain profit/loss with in the day as it is spot market.
But it is not mandatory, if you trade on same it is treated as Intraday otherwise positional.
yes it is mandatory
intraday closes within a day
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