Best Time Frame for Intraday Trading

Intraday trading means buying and selling a stock on the same day. In a rolling settlement, if you don't trade by the end of the day, it must be delivered. In Indian stock markets, intraday trading happens between 9:15 AM to 3:30 PM. You cannot order during the pre-market session, as only CNC (Cash and Carry) orders are allowed at that time. You can check intraday trading timings and details by using a stock market app.

Best Time Frame for Intraday Trading

Finding the best time frame is very helpful for long-term intraday traders. Since these hours have high market activity and can help in improve in your efficiency. However, traders who stay active all day get very little time for other things and may get enough rewards. Even skilled intraday traders can easily lose money if they trade at the wrong time frame. So, the question arises what is the best time for intraday trading? According to lots of experienced traders, the deal time is Between 9:30 to 10:30 am.

The 9:30 to 10:30 range time frame is not a hard-and-fast rule for all traders. It is generally good for beginners, but it can be customized according to personal preference. It’s important to keep the bigger picture in mind.

Apart from using the best time frame for intraday trading, it is also best to choose the best day. Monday afternoon can be a desirable time to buy on the market as it has historically tended to drop at the start of the trading week. Experts recommend Fridays to avoid the drop on Mondays.

Intraday trading time for commodities

In India, the commodity market operates from 9 am to 11.30 pm. It remains closed on Saturdays and Sundays, and pre-declared holidays.

Commodity traders can choose their intraday trading time at their convenience. However, they should focus on specific commodities as each one is influenced by unique influencing factors.

Should I trade in the first fifteen minutes?

The first hour of trading can be tempting for intraday trades, especially in India, where markets open at 9:15 am. But if you are a beginner, wait for 9:30.

Best candlestick charts for intraday trading

Candlestick charts show trading data for a specific time frame. They use red and green bars with lines on both ends, called candlesticks. These patterns help traders to understand market trends and feelings.

The '5-minute and 15-minute Candlestick charts' are common in intraday training. Each candlestick has four key points, commonly known as 'open high low close (OHLC). In the '5 minutes Candlestick chart: Many traders consider this an ideal strategy because it tracks short-term market volatility.

Conclusion - Time Frame for Trading

In intraday traders buy and sell stocks on the same day. Knowing the correct trading time is important, traders should also use strategies such as stop-losses to protect their money. Trading in a highly volatile market is generally bad. The ideal time for intraday trading is when the market's direction and momentum are easier to predict.