Intraday trading deals with buying and selling of stocks on the same day, during the trading hours that are stipulated by the exchange. Stocks are bought and sold with the intention of booking profits in a day.
The prices are driven by the market sentiment and do not follow Dow Theory or Price Patterns or Candlestick Pattern.
It is also mandatory that one should close the position on the same day and do not carry it forward to the next day.

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