Day trading became very popular in India after pandemic. More and more people started day trading during the pandemic when they had extra time at home. Day trading means buying and selling stocks within the same day, hoping to profit from small price movements. Earlier, day trading required a lot of capital, but with low brokerage charges now even students and housewives can start day trading with Rs 10,000 or less. People can trade from home on their laptops or even mobile phones using trading apps. But day trading is also risky if you don’t understand the stock market well. You can lose money very fast. It is important to learn technical analysis properly before starting day trading. Also don’t put all your money in day trading.
Use only spare money so that you don’t make big losses. With proper knowledge, day trading can give good profits in short time but it requires skill.
Trading App for Intraday
You need a good app for intraday trading. The app should show live stock prices and charts. It should work fast without delays. You should be able to buy and sell fast on the app. You should be able to set buying and selling rules. The app should let you make watchlists of stocks. It should give price alerts. Low fees are important to make money. The app should keep your data safe. Read reviews of the app. Check that the app features works well all the time. Use the trading app that is easy to use.
A good app will help you succeed in intraday trading. Intraday trading needs fast buying and selling. The right app makes this easy.
5 Best Trading app in India for Beginners
If you are also thinking to start investing or trading then you must know the Indian Stock Broker and their Trading Platform. Here, I am going to share best 5 Trading Apps which has great feature that a Trader want, You can use one of them and earn Daily by predicting the Market.
1. Zerodha:
Zerodha is a popular stock trading company in India. It offers trading services at low cost. Many traders in India use Zerodha to buy and sell stocks.
Zerodha has created nice trading apps. The main Zerodha app is called Kite. With Kite you can buy and sell stocks easily. Kite shows live stock prices. You can see Tradingview charts of stock prices over time. This helps you decide when to buy or sell. Kite works fast. You can trade quickly using Kite.
Another Zerodha app is Coin. You can use Coin to trade in crypto coins like Bitcoin. Trading crypto is risky but can give good profit.
Zerodha also has an app called Sentinel. This keeps your trading data safe. Trading apps contain important personal data. Sentinel makes sure your data stays private.
For learning about trading, Zerodha has Varsity. This app teaches trading for beginners. It explains stock markets clearly. Varsity helps new traders avoid mistakes.
All Zerodha apps are easy to use. The apps have clean design. Charts and pricing are visible neatly. Anyone can learn to use these fast. Zerodha keeps improving their apps. The apps have made Zerodha very popular in India. Their low charges also attract many new traders.
2. Upstox Pro
Upstox Pro is another famous stock trading company in India. Many traders use Upstox Pro to buy and sell shares.
Upstox has good trading apps for fast trading. Their main app is called Upstox Pro. This app shows live stock prices and charts. Charts help you analyze and decide when to buy or sell. The Upstox Pro app is quick and easy to use. You can trade fast on it.
It also has an app called RKSV Margin. This is for trading in futures and options. Futures and options trading has higher risk but can give big profits. RKSV Margin app allows traders to do complex trades in futures and options.
For beginners, Upstox Pro offers an IPO app. Through this you can easily apply for new IPO share offers from companies. Applying for IPOs is an easy way to earn from the stock market.
Upstox Pro also has a Funds app. This helps you invest in mutual funds. Mutual funds give good returns over long term. The Funds app makes mutual fund investment simple.
The Upstox Pro apps have clean and clear design. They are fast and reliable for intraday trading. Trades execute quickly on the Upstox Pro platform. Their low brokerage attracts many new traders. Upstox Pro keeps improving their apps to offer good trading experience.
3. Angel Broking:
Angel Broking is one of the top share trading companies in India. Many traders use Angel Broking to buy and sell stocks.
Angel Broking has some useful trading apps. The main app is Angel Broking App. It shows real-time stock prices and charts. Charts help traders analyze and decide when to buy or sell shares. The Angel Broking App is fast and reliable. Traders can buy and sell quickly using this app.
Another good app from Angel Broking is Smart Money. This app recommends good stocks and mutual funds to invest in. It is useful for new investors who don’t know how to pick stocks. Smart Money app helps you build a strong portfolio.
Angel Broking also offers an IPO app. Through this, investors can apply for new IPOs easily. IPOs allow investors to earn profits as company share prices rise after listing. Applying for IPOs is easy with this app.
There is also an Angel Broking Commodities App. Investors can trade in commodities like gold, silver, oil etc using this app. Commodities trading can give good income but also has risks.
All the Angel Broking apps have simple and clean interfaces. The apps are user-friendly and work smoothly. Their low brokerage charges attract many new traders and investors. Angel Broking keeps improving its apps to give good trading experience to clients.
4. Groww:
Groww is a fast growing stock trading platform in India. Many new investors are using Groww to enter the stock markets.
Groww has made easy-to-use trading apps for investors. Their main app is Groww Stocks. This app shows live share prices and charts. Charts help analyze and decide when to buy or sell stocks. The Groww Stocks app makes stock trading simple for new investors.
Another useful Groww app is Groww Mutual Funds. Investors can easily buy mutual funds through this app. Mutual funds give good returns over the long term. The Groww Mutual Funds app allows investors to start SIP monthly investments easily.
Groww also offers the Groww Coin app. Investors can buy and sell crypto coins like Bitcoin on this app. Crypto trading has high risk but also gives big profit potential.
For IPOs, there is the Groww IPO app. Through this app, investors can apply for upcoming IPOs and buy shares. IPOs help earn profits as the share prices rise after listing.
All the Groww apps have clean and minimal design. They are easy to use even for someone new to stock investing. Groww is gaining popularity due to its zero brokerage charges and user-friendly apps. Groww keeps improving its apps by adding more features.
5. 5paisa
5paisa is a discount stock broker in India. It offers low brokerage for trading. Many new traders use 5paisa for its low charges.
5paisa has good apps for easy trading. The main 5paisa app shows live share prices and charts. Charts help analyze stock movements. Traders can buy and sell quickly using the 5paisa app.
For options trading, 5paisa offers 5paisa Pro. This app allows traders to trade in stock and index options. Options trading has high risk but also high returns. 5paisa Pro is useful for options traders.
5paisa also offers an IPO app. Through this app, investors can apply for upcoming IPOs easily. IPOs allow investors to earn good profits as company share prices rise after listing. The 5paisa IPO app makes applying for IPOs simple.
There is also a 5paisa Mutual Fund app. Investors can use this app to buy mutual funds simply. Mutual funds are good for long term growth. The 5paisa Mutual Fund app helps investors start SIP monthly investments.
The 5paisa apps have clean and minimal design. They are easy to understand and use. 5paisa charges very low brokerage that suits small investors. It keeps improving its apps by adding more features. The low-cost trading apps are making 5paisa popular.
Tips for New Trader who trade in Intraday in Indian Stock Market
- Intraday trading can be risky but also profitable if done carefully. Here are some useful tips for intraday traders in India:
- Choose a good trading platform with fast order execution. Many brokers like Zerodha, Upstox offer low-cost platforms.
- Analyze charts using technical indicators to identify trading opportunities. Look at candlestick patterns, moving averages etc.
- Always use stop-loss orders to limit potential losses on a trade. Don’t risk too much capital on one trade.
- Book profits at regular intervals if the trade is making money. Don’t be greedy expecting more profit.
- Trade only high volume stocks that are liquid. Avoid low volume stocks.
- Don’t trade in the first hour of market opening. This is often very volatile.
- Don’t average losing trades. Exit losing trades quickly and look for other opportunities.
- Maintain proper records of trades to review performance. Learn from mistakes.
- Don’t trade when you are in a bad mood or distracted. Stay calm and focused.
- Keep adequate margin in your account to take advantage of sudden trading opportunities.
- Learn technical and fundamental analysis properly before actively starting trading.
- Follow the market news and keep track of events that may impact stock prices.
- Start small and increase trade size slowly as you gain experience and confidence.
There are many good trading apps now for Indian investors. Apps like Zerodha Kite, Upstox Pro, Groww, 5paisa allow easy stock trading from home. They offer direct market access with low brokerage. The apps have clean interfaces with real-time data. Trading is quick through these apps even for beginners. Angel Broking, Zerodha and Upstox also have good apps for derivatives, commodities, IPOs etc. Choosing a suitable app that suits your needs is important. The top apps make trading simple and profitable for any Indian investor. Using the right app improves success in stock markets.