Many people believe that the United States is the only place in the world where you can make money from stock trading. However, we at Intraday Sure tips know the value of stock trading in India. The stock market is still growing and is a very promising market. If you want to get into the stock market in India, Intraday Sure tips are here to help. Here is a helpful guide to help you enter the world of stock trading in India.
What Does Intraday Mean?
Intraday is a way of saying “within the Day”. Sure intraday tips use charts of varying time periods from 1 minute to 60 minutes to estimate what is going to happen with the stock, so you can plan ahead.
Advantages of Intraday Stock Trading
The major advantage of using intraday strategies created from Intraday Sure tips is that the stocks are not affected by the global events that could happen overnight. These events can impact the price of the stock before the stock exchange opens.
Intraday stock trading also has the advantage of using tight stop orders. You also have more leverage with intraday trading. It is also a better learning tool for the stock market, as you will be making many trades throughout the day. There is also less risk involved if you get tips and strategy help from Intraday sure tips.
Where to Trade in India?
Nearly all the stock trading in India happens at two stock exchanges. These are the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The BSE has more listed firms with over 4,700 and has been around longer than the NSE. However, the NSE is popular for spot trading. Both exchanges are worth working in, as you could get a better deal by comparing the two markets.
Intraday Trading Strategies
There are many, different strategies that are used by intraday traders. Common strategies include range trading which uses the resistance and support levels to make buy or sell decisions, scalping which tries to make large amounts of money from small changes in the price of stocks, and news based trading that uses the news to estimate if there will be the possibility of intraday opportunities.
India is one of the best-emerging markets in the world for stock trading. The reason behind this is the GDP annual growth and the stable financial market. Sure shot tips make it very easy to know where and when to invest your money. As the Indian stock market grows, more foreign investors are moving in. This is could make the market make more competitive and more expensive to get into. With Intraday Sure Tips, you do not need to worry about watching the stock market since our team makes recommendations about your stocks.