Skip to main content

How to do Intraday Trading with Sharekhan

Do you own a Demat account? If yes, let us learn how to do Intraday trading today. In this article we will be using Sharekhan's most popular trading platform called Trade Tiger to explain intraday trading technique.

Click here to download Trade Tiger software from Sharekhan website.

What is Intraday Trading?

In intraday trading a trader buys and sells shares on the same trading day and makes profit independent of the market direction.

For intraday trades the brokerage charges are very small compared to normal trading. Also you will get your capital back at the end of the trading day.

How to choose stocks for Intraday Trading?

Choose the shares which have high liquidity and volatility. Liquidity is nothing but the volume of shares traded for the day. High liquidity ensures there are enough buyers and sellers for a particular stock.

A volatile stock moves up and down fast helps to book good profit easily.

How to Place an Intraday Order

First log into your trading account with your account password and trading password.

Add the script you want to trade onto MarketWatch. Then right-click the script and select Buy Script. This will open up a new order window.

For market orders, enter 0 or your limit price in the Price field. Then enter Quantity and click on Place button.

Your order will be sent to the exchange immediately and executed based on your order type.

Keeping a Stop-loss

Once the order is executed, immediately keep a stop-loss for your order. This will limit your losses if the script is moving against your trade.

Go to Order details, right-click the script and click on Square-Off.

This will bring up a sell order window with the script name and quantity populated.

Enter your stop-loss value in the Trigger Price and click on Place.

Sharekhan will send your sell order to exchange whenever the script touches your trigger price.

Keep on adjusting the stop-loss trigger price until the script reaches your target price. Or you can place another sell order with a limit price but make sure to cancel the second order once the first is executed.

Similarly you can place Short-Sell orders for scripts which are going down. Keep appropriate stop-loss trigger price for sell orders too.


Server is busy, Kindly re-login after sometime - This happens normally when the software is not able to connect to ShareKhan server. Reason could be because you are behind your company firewall.


Intraday trading may make you richer but if traded without stop-loss you will end up in huge loss. Beginners, test your trades on paper first, then once comfortable, start trading with your Demat account. Happy trading!


  1. What is the intraday limit of sharekhan?

  2. What is the intraday limit of sharekhan?

  3. Does any one tried Share Trading League by ITL ?

  4. I am extremely impressed with your writing skills and also with the layout on your blog thanks for sharing information,nice article

    zerodha hyderabad branch

  5. Thanx it is a very usefull information for the beginners

  6. Finally found a please where my most of the doubt have been cleared.

  7. whene ever i add a scrip(for intraday trade) it shows position type LONG.......?? but i sell that scrip within a day for very low profit using mac so no trade tiger on apple system any help...???

  8. in simple how to do intraday trading without trade tiger?????

  9. How to buy back after a short sell?

    1. You can place a normal buy order(Good for the Day) with the same quantity.


Post a Comment

Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to our feed and get articles like this delivered automatically to your feed reader? Like our Facebook Page.


Induction Cooker Showing an Error Code? Induction Cooker Error Codes Explained

Are you searching for Induction Cook-top error codes? Here you can find the error codes of all popular induction cooktops and how to troubleshoot it.

These are for your reference only, do not try to open your cooktop without proper safety measures, we advise you to call the service person if any servicing is needed.

If you want to know how Induction Cook-top works, read our previous article titled What is Induction Cooker? How Induction Cooker Works?.

Whirlpool Induction Cooker Error CodesError CodeErrorSolutionF0An internal error was detected.Disconnect power. Wait 5 seconds before reconnecting power. If the symbol appears again, call for service.F2The surface cooking area is too hot and has turned off.Remove the pans from the surface cooking area. "F2" will disappear when the surface cooking area has cooled. If you turn the surface cooking area back on and "F2" reappears, the cooktop is still too hot. Turn off the surface cooking area and allow it to cool.F4The po…

HDFC Bank introduces Missed Call Service to know Account Balance

Missed call is a powerful business tool in developing countries like India where customers give a miss call to specific phone numbers for getting account details, providing feedback, voting etc. On receiving a missed call from a registered phone number, the underlying app performs a phone number lookup and sends the data to the caller via text message(SMS) or records the call details for future processing.HDFC Bank recently introduced missed call service for its retail customers which allows to retrieve bank account details, mini statement etc. by simply giving a miss call to their toll free numbers.Following services are now available: 1800 270 3333 - Account Balance 1800 270 3355 - Mini Statement 1800 270 3366 - Request for new Cheque Book 1800 270 3377 - Request for Bank account statement Also you can download HDFC Mobile Banking Application by giving a missed call to : 1800 270 3344. Other banks providing missed call serviceAxis bank(known as Axis Dial) - 09225892258Bank of India…

Top Travel Websites Reviewed - Makemytrip, Yatra, ClearTrip, Ezeego1 and TravelGuru

Disclaimer: This is an independent review on some of the most popular travel websites, I am not associated with any of these travel websites nor their promoters. If you do not agree with any of the comparisons made here, post your concerns as a comment so that the same will be reviewed and the content under question will removed from this blog.

Websites Reviewed:MakeMyTrip - - - - - Engine Visibility :: :: Book Google shows the following as group results: Domestic Airlines - International Flights - Indigo Airlines - Air India, which is a guge plus! Same here, Domestic Flights - Trains - International Flights - Hotels are shown as group Keyword rich title but not user friendly - Hotels India Disco…