Can I buy and sell shares of the same company on the same day?

It takes many days for the shares to be added to my DMAT account when I buy. So, I was wondering, if I could do the following:

1. Buy 20 shares today.
2. Sell 10 the day it goes up. I still have 10 free shares remaining.
3. Buy 10 if it goes down after a while on the same day. I still only have 10 free shares.
4. Sell the remaining 10 if it goes up again.
5. Buy 10 more if it goes down. And so on.

Basically, am I allowed to juggle my free shares like that? Maybe not the same day but even day by day. I don’t have a lot of money. I am trying to figure out how the share market works, what is allowed and what is not.

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