What is 'Intraday' option in FYERS?

The 'Intraday' option in FYERS allows you to place buy and sell orders that must be squared off within the same trading day. It applies to both equity and derivatives segments.

Key points:

• Use 'Intraday' if you plan to buy and sell stocks or contracts within the same trading day.
  
• Positions must be squared off before market closing.
  
• If you do not square off manually, positions will be closed by admin square-off.
• Admin square-off starts 15 minutes before market closing.

Web: Select 'Intraday' from the product type dropdown in the order window when placing your order.

App: In the order window, choose 'Intraday' as the product type before placing your order.

For holding positions beyond a day, refer to this article on the 'Overnight' option.

Notes:

1. Orders placed under 'Intraday' are subject to automatic square-off if not closed by you.
2. This option is available across equity and derivatives segments.

• Related Articles

• How to convert an Intraday position to Overnight in FYERS?

  If you want to carry forward an Intraday trade beyond market hours, FYERS lets you convert it to an Overnight position with just a few clicks from the Positions screen. How to convert an Intraday position to Overnight Go to the Portfolio section in ...

• What is the 'Overnight' option in FYERS?

  The 'Overnight' option in the order window allows you to place orders to hold positions for more than a day across all segments. Key points: Use 'Overnight' if you plan to carry your stock or contract positions beyond the same trading day. Suitable ...

• Is it possible to place normal Intraday orders without Stop Loss and Target using Quick Trade?

  Yes, you can place normal Intraday orders without predefined Stop Loss (SL) and Target levels in Quick Trade. To do so, follow these steps: Open the Quick Trade settings in FYERS Web. Disable the SL and Target options. Place your trade, which will ...

• How to hold F&O positions until expiry in FYERS?

  To hold a Futures & Options (F&O) position beyond the same trading day and carry it until expiry, you need to select the 'Overnight' product type when placing your order in FYERS. If you placed your F&O order under 'Intraday', you can convert it to ...

• What is 'Scores' option in the FYERS 2.0 app?

  The scores option provides a company's SWOT chart and QVT analysis based on the financials and macro factors of the industry it operates in. SWOT chart: SWOT means Strengths Weaknesses Opportunities Threats. The SWOT analysis helps in evaluating a ...