Intraday is commonly referred to as the price fluctuations in the stocks over one day. It may also refer to the difference in the highest and lowest price of a share in one day.
Intraday prices are mainly relevant for short term traders who observe these price changes to earn or make money.
Advantages:
• Make daily profits
• No effect of future price movements
Disadvantages:
• Daily movements are generally unpredictable thus there is a possibility of losses
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