Timing plays an important role when we talk about Intraday Trading. Many new traders remain confused about the intraday trading timing of the Indian stock market. Let’s discuss Intraday Trading Time and the time frame you need to use for intraday.
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Intraday Trading Time
The official Intraday trading time is from 9:15 to 3:30 p.m on NSE and BSE. However, You can trade between 09:15 to 3:20 maximum. The risk management system of the brokerage will immediately close any open intraday positions at market price around 3:20 without any notice.
As per intraday closing time brokerage firms will also charge you a fee for not closing the order before 3:20. These charges normally remain around INR 50 plus GST.
Intraday Rules
- Intraday trades must be initiated and completed on the same day.
- If a rolling settlement is not completed on the same day, it is forced to be delivered. As a result, intraday trading hours in the Indian markets are from 9.15 a.m. to 3.30 p.m. on a daily basis.
- You must first realise that intraday orders cannot be made during the pre-market period. In the pre-open, only CNC orders are accepted.
Time Frame for Intraday
Intraday trading is similar to a Gordian knot. Volatility is required because price movement occurs only when there is volatility. At the same time, too much volatility causes stop losses to be triggered and developments to be unpredictable. As an intraday trader, here’s what you should do in different trading time blocks.
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Opening Trade
Generally, this is the first 30 to 35 minutes of trading. It usually lasts from 9.15 a.m. to 9.45 a.m. in India, and it is also when the markets are most volatile. Because all overnight stories and other triggers are incorporated into pricing in the first half hour, this is the case.
Should intraday traders engage in this type of trading? If you’re an experienced intraday trader, it’s an excellent option. Initial volatility is used by some seasoned traders to find bargains, particularly if there is a gap up or gap down opening.
That is, nevertheless, only for experienced traders. If you’re just getting started with intraday trading, you’ll want to avoid this volatile period.
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Post Opening trade
This is the post-opening period, which usually lasts from 10 a.m. until 11 a.m. Prices have usually settled, the market’s direction has been established, and even the indexes have steadied at this point.
In the event of an intraday trade, this is the time for possibilities, and it is at this period that your charts, patterns, and news flows will work effectively. Make the most of this opportunity.
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Settled Market Trade
The third phase, which runs from 12 p.m. to 2.30 p.m., is usually when the markets are at their most relaxed.
The emphasis here is on any particular events or news flow, such as global data flows, Dow futures opening, Asian market trading closure, and real European market opening.
This is a time when you only trade if you have a narrative or close your holdings if your price aims are achieved.
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Closing Trade
Finally, you arrive at the last hour of trading, which runs from 2.30 p.m. to 3.30 p.m. Since your time period is limited to one hour, taking new positions is difficult. The only exception is if you trade F&O expiration in the last hour using rollover data.
This is the time to arrange your trade conclusion, and make sure you complete it by 3.20 p.m. so your broker doesn’t cancel the position via RMS.
Technical Indicators for Intraday Trading
You can use these indicators to make your intraday trading more profitable:
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RSI
A flow indicator is the Relative Strength Index (RSI). It’s a single line that ranges from 0 to 100 and indicates whether a stock is overbought or oversold in the market. The market is overvalued if the reflection is more than 70, and underpriced if it is less than 30.
However, not all stocks will follow this pattern, therefore it’s important to think about the volatility and RSI history before acting.
The RSI is also used to gauge market movement; if the RSI is more than 50, the market is trending upwards; if the RSI is less than 50, the market is trending downwards.
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Moving Averages
Among investors, moving averages are one of the most well-known intraday trading indicators. The average closing rates are plotted as a line on a share chart over a specific time period in this approach.
The longer the duration of the share movement, the more efficient moving averages are. Because stocks are unpredictably volatile, this indicator aids a trader in determining the share’s price movement.
Because prices do not go in a straight line, this tool will help you comprehend the price’s basic movement.
Because stock prices fluctuate, the moving average indicator smooths out the fluctuations to reveal the underlying pattern of price activity.
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Ichimoku Cloud for Intraday Trading
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as trend direction and momentum. This is accomplished by computing several averages and graphing them.
These statistics are also used to create a “cloud” that attempts to anticipate where the price will find future support or resistance. The Ichimoku Cloud was invented by Goichi Hosoda, a Japanese journalist, and was originally issued in the late 1960s.
A conventional candlestick chart offers fewer datasets. While it may look complicated at first sight, individuals who know how to read charts will discover well-defined technical indications to make it easy to understand.
Conclusion
Intraday trading is based on timing, time frame and Indicators you can use them all together in a well managed manner your 80% trades will be profitable.
This is all from our side regarding Intraday trading time. Let us know your views in the comment section.
Other Interesting blogs related to Intraday trading time:
Books on Technical Analysis of Indian Stock Market
How to Earn Money in Share Market Daily
FAQ About Timing of Intraday Trading
Intraday trading timings in India
Intraday trading timings in India are 09:15 am to 3:30pm officially. However, you can trade from 09:15am to 03:15 pm or 03:20 pm maximum with any brokerage firm in India.
Best time for intraday trading in India
Best time for intraday trading in India is 09:45 am to 10:45 am and 2:30 pm to 03:15 pm.
Intraday trading time in india upstox
Intraday trading time in india upstox are from 09:15am to 03:15 pm.
BSE market timings
BSE market timings are 09:00 am to 03:30 pm for regular equity market.
Zerodha intraday square off time
Zerodha intraday square off time is 03:20 pm after that Risk management system of Zerodha will automatically close all your trade at current market price.
