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  Intraday trading is a type of trading where the trader buys and sells securities on the same day. In India, intraday trading is treated as business income and is taxed under the head 'Profits and Gains from Business or Profession'. Traders use various intraday trading strategies like technical analysis, stop loss, volume analysis, news trading, and scalping to make quick profits. However, intraday trading is a risky business and traders must keep a close eye on their profits and losses. If you are interested in intraday trading, take the time to research and understand all the pros and cons before getting started. See Also:  Download Bajaj Finserv app

  Intraday trading is a type of trading where traders buy and sell securities within the same day. In India, the income tax on intraday trading depends on the income of the trader. If the trader has other sources of income, the intraday gains are added to the total income and taxed as per the applicable tax slab. To become successful in intraday trading , it is important to have a well-defined strategy, set stop-loss orders, monitor news and events, use technical analysis, and manage risk. Beginners can start with a small capital, learn from experienced traders, practice on a demo account, keep a trading journal, and stay disciplined. It is important to weigh the pros and cons of intraday trading and consult a financial advisor before investing in the Indian stock market.