Intraday trading attracts many beginners because it allows traders to buy and sell shares within the same trading day. The idea sounds simple: purchase a stock at a lower price and sell it when the price moves higher during the day.
However, the real challenge lies in knowing how to place the order correctly and understanding how the platform works.
If you use Zerodha Kite, the process becomes straightforward. The app provides a clean interface, fast order execution, and tools that help traders track market movements in real time.
In this guide, you will learn:
- The step-by-step process to buy intraday stocks in Zerodha Kite
- How to place an intraday order correctly
- Key settings every beginner should check
- Practical tips to avoid common mistakes
Let’s start with the basics before we jump into the step-by-step tutorial.
What Is Intraday Trading?
Intraday trading means buying and selling shares within the same trading session. You must close the position before the market closes.
For example:
- You buy a stock at ₹500 at 10:15 AM
- The price moves to ₹508 at 12:30 PM
- You sell it the same day
Your profit becomes ₹8 per share (before charges).
If you forget to sell, most brokers automatically close the position near market closing time.
In India, intraday trading happens mainly on exchanges like:
- National Stock Exchange of India
- BSE Limited
The market generally runs from 9:15 AM to 3:30 PM on trading days.
Why Many Traders Use Zerodha Kite For Intraday Trading
Before learning how to buy intraday shares in Zerodha Kite app, it helps to know why traders prefer this platform.
1. Simple Interface
The app focuses on speed and clarity. Beginners can easily search stocks and place orders.
2. Fast Order Placement
Intraday traders rely on quick execution. Even a few seconds can affect price movement.
3. Advanced Charts
The platform includes built-in charts powered by TradingView, which many traders use for technical analysis.
4. Real-Time Market Data
You can track price changes instantly and react quickly.
These features make buying intraday shares on Zerodha Kite easier for beginners.
How To Buy Intraday Shares In Zerodha Kite App (Step-by-Step Guide)
Now let’s move to the main section: the step-by-step process to buy intraday stocks in Zerodha Kite.
Follow each step carefully.
Step 1: Open Zerodha Kite App
Launch the Kite mobile app and log in.
You will see the watchlist screen where you can track your favorite stocks.
Most traders add commonly traded stocks here to save time.
Step 2: Search For The Stock
Tap the search icon and type the company name or stock symbol.
Example:
- Reliance
- TCS
- HDFC Bank
Select the stock listed on the exchange you prefer, such as NSE or BSE.
Once selected, the stock appears in your watchlist.
Step 3: Open The Order Window
Tap the stock name.
A small menu will appear with options like:
- Buy
- Sell
- Market Depth
- Chart
Tap Buy to open the order window.
This step begins the intraday order placement process.
Step 4: Select Order Type (Intraday)
In the order window, you will see a product type option.
Choose:
MIS – Margin Intraday Square Off
This setting tells the system that you plan to close the trade within the same day.
If you accidentally choose CNC, the system treats it as a delivery trade.
Step 5: Enter Quantity
Now enter the number of shares you want to buy.
Example:
- 10 shares
- 50 shares
- 100 shares
Your quantity should match your available margin.
Beginners should start with small quantities to reduce risk.
Step 6: Choose Order Type (Market Or Limit)
You will see two common order types:
Market Order
The system buys shares instantly at the current market price.
Use this when you want quick execution.
Limit Order
You set a specific price.
The order executes only if the market reaches that price.
Example:
- Current price: ₹500
- Your limit price: ₹498
The system will buy shares only if the price drops to ₹498.
Most experienced traders prefer limit orders because they control the entry price.
Step 7: Review Margin And Charges
Before placing the order, check:
- Total order value
- Margin required
- Available funds
This quick review prevents mistakes.
Step 8: Swipe To Buy
Finally, swipe the Buy button.
Your order will appear in the Orders tab.
If the order executes, it will move to the Positions tab.
You have now successfully bought intraday shares using Zerodha Kite.
How To Sell Intraday Shares In Zerodha Kite
Intraday trading requires closing the position before the market ends.
Here is how to sell.
Step 1
Open the Positions tab.
Step 2
Select the stock you bought.
Step 3
Tap Sell.
Step 4
Enter quantity and order type.
Step 5
Swipe to confirm.
Once executed, the trade closes and your profit or loss becomes final.
Example Of An Intraday Trade
Let’s understand the process with a simple example.
Suppose you buy:
- 100 shares at ₹200
Later in the day, the price becomes:
- ₹205
If you sell:
Profit = ₹5 × 100 shares
Profit = ₹500 (before charges)
If the price falls to ₹198 and you sell, you incur a loss.
This simple example explains why traders focus on quick decisions and risk management.
Key Intraday Order Options In Zerodha Kite
Understanding order settings improves your trading experience.
Stop Loss
A stop loss automatically sells the stock if price falls to a defined level.
Example:
Buy price = ₹500
Stop loss = ₹495
This limits your potential loss.
Target Order
Traders often set a profit target along with stop loss.
Example:
- Target = ₹510
- Stop loss = ₹495
This creates a balanced risk-reward setup.
Bracket Orders (Earlier Feature)
Earlier, traders used bracket orders for automated exit strategies. However, many brokers currently restrict them due to regulatory changes.
Still, the concept remains useful for planning trades.
Final Thoughts
Intraday trading looks simple on the surface, but it requires discipline, planning, and risk management.
Fortunately, platforms like Zerodha Kite make the execution process easy. Once you understand the order system, you can buy and sell shares within seconds.
To summarize the step-by-step process to buy intraday stocks in Zerodha Kite:
- Open the Kite app
- Search for the stock
- Tap Buy
- Select MIS (Intraday)
- Enter quantity
- Choose order type
- Review details
- Swipe to place the order
That’s the complete process of how to place an intraday order in Zerodha Kite app.
However, remember one important fact: technology only executes trades; strategy decides success.
Focus on learning market behavior, controlling risk, and improving discipline. Over time, these skills will matter far more than the button you press in the app.
