There are various styles of trading followed by the traders for Intraday trading.

• Some traders focus on very short term and exit the position once they reach minimum level of profit.Such traders usually rely on Volume of transactions to make a substantial profit.They carry out multiple buy and sell trades and sometimes exit the position within minutes.
• Some traders rely on the trend for Intraday trading and usually are much more patient and make fewer transactions.
• Few traders resort to Intraday trading only in the case of some major event when a particular stock is supposed to go up or down based on some event.