Intraday Trading Levels

About Intraday Trading Levels

MCX and NSE are two of the major stock exchanges in India. If you are interested in trading in commodities or stocks on these exchanges, you might want to consider using an Android app that provides "buy above" and "sell below" levels. Here's what that means:

When you're trading in the stock market, you'll usually have an idea of what price you want to buy or sell a particular stock or commodity. However, market conditions can be unpredictable, and the price might not reach your desired level. This is where "buy above" and "sell below" levels come in.

A "buy above" level is the price at which you want to buy a stock or commodity, but only if the price goes above that level. For example, if you want to buy shares of a company at Rs. 100, you might set your "buy above" level at Rs. 105. This means that if the price goes above Rs. 105, your app will notify you to buy the shares.

On the other hand, a "sell below" level is the price at which you want to sell a stock or commodity, but only if the price goes below that level. For example, if you own shares of a company and want to sell them at Rs. 200, you might set your "sell below" level at Rs. 195. This means that if the price goes below Rs. 195, your app will notify you to sell the shares.

An Android app that provides buy above and sell below levels can be a useful tool for traders who want to automate their trading strategy. The app will monitor the market and notify you when the price reaches your desired levels, allowing you to make informed decisions about buying or selling. However, it's important to remember that the stock market can be unpredictable, and setting buy above and sell below levels does not guarantee success.