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    Intraday Trading

    What are Stoploss Price, Target Price and Limit Price in an Intraday order, and how are they different from each other?

    Stop-Loss / Target Price:

    This feature allows you to place exit orders for your Intraday position. You can choose to set only a Stop-Loss or both a Stop-Loss and a Target order.

    If either the Stop-Loss or the Target order is triggered, the other pending order is automatically cancelled.

    Stop-Loss Trigger Price:

    The predefined price at which your Stop-Loss order is activated. Once the trigger price is reached, the order is sent to the exchange at the specified Limit Price to help minimise potential losses.

    Target Price:

    The predefined price at which you plan to exit your trade and book profits.

    Limit Price:

    The price at which your buy/sell order is placed with the exchange once the stop-loss trigger price is reached.

    What is Intraday Trading? How does “Intraday (Margin)” work? How is Intraday trading different from trading in Cash Segment/ Delivery? 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? 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 would be the brokerage charged if I buy and sell shares same day in Equity Delivery? What happens to my intraday position if the stock nearing circuit limits?
    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 Cover Profit order and how does it work? How do I place it?
    What is Intraday Trading? Why choose Intraday with ICICI Direct? What are the features associated with Intraday?