Dear Nabeel,Hello and welcome. Thank you for providing me an opportunity to assist you.YES--What you have calculated is PERFECTLY correct. You do gain $3000 by selling the 1000 shares at 103 which you bought at 100.Also there are NO restrictions in doing this. You can continue to do this so long as you enter at right price and you get the higher price during the day. You can continue to do this "n" number of time. There are no restrictions.
I am sure this would help.
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