Intraday trading involves taking advantage of the price fluctuations of stocks by opening trade positions, according to the trend. There is no exchange of securities and delivery taken or provided. Now, to be able to do volume-based trading to enhance your gains, you will be required to put in big capital for each session. This may not always be feasible and can make you miss out on lucrative opportunities.

Intraday trading margin is a facility that allows you to take positions on stocks that would have been beyond your financial means. Intraday margin is the fund loaned to you by the broker, to continue trading in large volumes.

By day trading on margin, you can take advantage of the surplus amount offered by the broker to take substantially bigger positions and aim to maximise your profits. Usually, the margin facility is offered by brokers in lieu of the shares as collateral. Eventually, you will need to repay the amount borrowed and the interest applicable on it, to square off your accounts.

There are many benefits of stock investment. Such as,

Investing in stocks can help you get inflation-adjusted returns higher than those offered by traditional cash deposits and bank FDs (Fixed Deposits).
Another advantage of stock investments is that you can earn regular dividend income by including the equities of various companies in your investment portfolio. As such, you can generate passive income.
Shares also provide better liquidity when compared to other traditional investment options.
The stock market allows you to be in complete control of your investments. It provides you with complete freedom to build your portfolio and generate returns.

Intraday trade means buying and selling a security on the same day, which results in no change in stocks you hold at the end of the day. In delivery trades, you take delivery or sell your shares which may change the composition of your portfolio. For example, suppose Reliance Industries (RIL) declared its December quarter earnings yesterday, and reported massive growth across business verticals. This usually means RIL share prices will rise in subsequent trading. You want to take benefit of this price movement and place a buy order in the morning. You have two options here: One, you place an intraday buy order and book profit by selling them before the market close. In this trade, no shares are credited to your DEMAT account. Option two is buy shares for more than one day, that is, take delivery of shares to benefit from multiple days or months of price movement. Shares you buy will be credited top your DEMAT account.

The following are the basic intraday trading tips for beginners.

Pick the right market: Always pick the market you understand—whether equity, commodity or currency.
Pick right security: Choose a stock or a commodity which has high liquidity. You also need to be aware of any news triggers for the selected security to make a profitable trade.
Fix entry/exit price beforehand: Before you process your order, decide at what price you want to enter the trade. This will help you reduce mistakes. Similarly, always exit trade once price reaches the target.
Have a stop loss: If the price is not moving according to your prediction, having a stop loss cuts your losses before it becomes too big. Always exit your trade one stop loss is breached.
Get the timing right: Pick a suitable time to trade. Early in the day and in the last hour, volatility is very high. For beginners, trading around the noon can be best time to trade. Diversify: Never put all eggs in a single basket. Trade with a small portion of your capital or bet on more than one security. Then, in case one trade goes bad, you won’t lose your entire capital.
Learn to read charts: Most trading is done after doing a technical analysis of a security. It is better to have a basic understanding of common charts and patterns to make a profitable trade

Understanding how to trade intraday is relatively easy. All you need is a trading account with a SEBI-recognised broker; in this case – m.Stock and ensure you have enough funds to finance your trade. Just log in to your trading account, choose the security you wish to day trade. Select your investment position, whether you want to buy or sell the security and place your order. Remember to square off your position before the market closes, or your position will have to be closed on your behalf.