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    Intraday Trading

    How is Intraday trading different from trading in Cash Segment/ Delivery?

    Transactions in Cash Segment whether buy (or sell) are settled by “delivery” that is deducting the cash from the account and delivering the shares in the demat account whereas in Intraday trading, executed trades are squared off in the same settlement cycle (however there is an option to convert them into delivery in Intraday (Margin)).

    For example, when you place an order to buy 100 shares of Reliance in the cash segment, your intention is to pay for and receive the shares in your demat account. However, if the same order were to be placed in the margin segment, your intention would be to sell those shares subsequently in the same settlement at a higher price and thereby make a profit on the same. However, if the price falls subsequently, there may be a loss.

    Normally to buy shares, you have to pay 100% of the share value, while to sell shares, you need to have shares in your demat account. But in Intraday, you pay only a part of the share value as margin.

     

     

    Delivery

    Intraday Margin

    BUY
    • If you place an order in delivery to buy 10 shares of ITC trading at Rs 450, you pay Rs 4500 (=450*10).
    •  If margin required is 20%, then, you only pay Rs900 (=Rs 4500*0.2)

    SELL
    • If you place an order to sell 10 shares of ITC, 10 qty of ITC shares will be sold from your account.
    •  Having ITC shares in your Demat account is not required. You can sell first and buyback later (within the same day)

     

    What is Intraday Trading? How does “Intraday (Margin)” work? What is the Margin required to take a position in Intraday Product? What is Initial, Minimum Margin and Trigger price? What happens if the margin is less? Can I convert an intraday position to delivery? If so, how? What is short selling in Intraday trading, and how does it work? How can I “Square Off” a position? Can I modify intraday position? How? What are the options for “order validity”, “disclosed quantity”? Where can I see them? What is “Limit order”? How to place a limit order? What are Initial and Minimum Margins? What happens if the margin falls below the required level? How to place an Intraday order? When will the profits from Intraday trading be added to my current limits? Why are my profits from intraday are not available in current limits? What is trigger price? Where can I check trigger price for Intraday position? What happens to my intraday position if the stock hits circuit limits? How do I add Margin to my Intraday position? How are profits on Intraday trading taxed? What is the brokerage charged for Intraday? What time does the intraday day position get squared off? Will my Intraday positions get squared off due to margin shortfall? What effect will it have on my position? By what time can the positions be converted to delivery? What happens if my Intraday Buy/Sell position is not closed at the end of the trading day? Where client has undertaken multiple transactions in a single stock on the same day under Intraday product, which intraday trade leg will be considered if client has placed CTD (Convert to Delivery) request and how will the brokerage computation take place? What is Day’s Profit & Loss on website open position page? Where can I access intraday Day’s Profit & Loss? What will I see in Day’s P&L on Equity Open positions page for Intraday & Bracket? How it is helpful? Why can’t I see Overall P&L on the website open positions of Intraday & Bracket anymore?
    What should be the Stop Loss Trigger Price in different situations? How do I place a Bracket order? What is a Cover SLTP order and how does it work? Why am I getting the error “Bracket trading not supported for the stock”? How do I see the stock list for eligible stocks? How is Bracket different from Intraday Margin? Where do I modify an SLTP order? What is a Profit order and how does it work? How do I place it?
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