What is Intraday and Delivery Trading?

What is Intraday and Delivery Trading?

If customer wishes to trade in stock market, there are 2 types of trades wherein customer can trade.

Intraday: When you buy or sell stocks on same day then it is called as Intraday Trading. If you buy shares today you need to square off your position today itself before 3:20pm or 5paisa will initiate the auto square off process from 3:20pm onwards as per the current market price. 

Delivery: If you buy shares today and sell them after 1 day then it is called as Delivery Trading. By selecting Delivery Option, you can sell your shares any time after 1 year, 5 years or even more till the time you do not wish to square off your position.