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Q.

How to do Intra day trading in ICICI direct?

Tags: icici, intra day
Asked by yuv aj, 07 May '08 09:26 am
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Answers (6)

1.

Please dont go for trading. Invest properly.Thats gud than trading. Its brokerage also so high.
Log on to icicidirect using ID and password U may do trading in Margin or margin plus Now press MARGINPLUS Order link. In the Fresh order section fill up the Stock code, .Then as per your decision,select either BUY or SELL.Then press GET QUOTE link from the same page to see the latest traded price .Fill up the quantity as per the limit available and also by seeing the best 5 bid/offer quantity page. Then you have to fill up the Cover order section.For this you have to calculate the Stop Loss Trigger Price (SLTP) and LIMIT price. If you had given Buy order in Fresh order,then SLTP in cover order shall be: SLTP = Buy price (3% of Buy price) LIMIT price = SLTP (5% of SLTP). You have to have a calculater a pen and paper readily available to do this. If you had given SELL order in fresh order,then SLTP in Cover order shall be: SLTP = Sell price + (3% of sell price) LIMIT price = SLTP + (5% of SL ...more
Answered by AK, 20 Dec '08 02:40 pm

 
  
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2.

If u want to do intra day then open account in indiainfoline he give you 15 Time more explorer then other if you give him 5000 deposit they give you 75000 for intraday and if u dont have demat or trading account then open account with them at just 555 no other charges are there no AMC charges as your wish

wish u Happy trading
Answered by vipul khatri, 07 May '08 10:47 am

 
  
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3.

Brokerage very high & last year whenever the mkt was moving up heavily, it used to crash, so u wont be able to book profit when its time. india infoline has a very slow software.
Answered by SOMSUVRA CHATTERJEE, 07 May '08 10:56 am

 
  
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4.

Dont go for icicidirect because the brokerage and other charges are high. go for some other cos.
Answered by kanagaraj, 07 May '08 09:46 am

 
  
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5.

Go and register yr name.and get username and password.it will take 10 days .once you got reg.you can from home
Answered by mohd basheer, 07 May '08 09:33 am

 
  
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6.

Risk is very high
Answered by Ramamoorthy, 07 May '08 09:31 am

 
  
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