Opening Range Breakout Strategy using Breeze API

New to trading? Watch now to learn how bracket orders on the ICICI Direct app can help you trade smarter, protect profits, and manage risk like a pro.

Confused about the Capital Gain Statement? This video explains what an equity capital gain statement is, how it helps in tax filing, and how to download it step-by-step via the ICICI Direct app and website. Stay tax-ready and on top of your investments with this simple guide!

A contract note is a legal document that breaks down your trades, prices, brokerage, and taxes. Learn how to read it, track hidden charges, and download both your contract note and fund statement from ICICI Direct in just a few clicks.

Learn how to update your mobile number and email ID on the ICICI Direct app and website in just a few steps. Follow this quick guide for a hassle-free contact detail update using Aadhaar e-sign.

This quick guide walks you through the re-KYC process on ICICI Direct in just a few easy steps—from DigiLocker login to live photo capture and e-signing. No stress, no confusion—just everything you need to get it done smoothly!

Ran out of funds while trading? Don’t sell your shares—pledge them! In this video, learn how to use Shares as Margin (SAM) on the ICICI Direct website to unlock instant trading limits using your existing holdings.

Watch this video to learn the complete step-by-step process – from pledging, checking status, unpledging, to reallocating limits across segments on the ICICI Direct platform.

Watch this video to learn how to easily reattempt your rejected SIP transaction on ICICI Direct with the new payment reattempt feature. Follow simple steps and get your SIP back on track.

Ever opened your demat account and wondered why some shares aren’t tradable even though they’re credited? Watch  this quick video to learn why it happens and how to manually allocate those shares in just a few clicks.

How does the IVR scam work and why is it so dangerous? Watch this short video for a detailed explanation!

Ready to conquer intraday trading but don’t know where to start? Watch this video to learn about 5 powerful strategies that help traders make smarter decisions

Did you know that corporate actions such as dividends, bonuses, splits, and rights issues can affect your MTF position? But before we have a look at that, let’s go back to the basics of the Margin Trading Facility (MTF).

MTF Basics

When you buy stocks using MTF, you pay only a part of the total transactional value, while the rest is funded by ICICIdirect. It’s important to note that the stocks purchased under MTF are held in your Demat account but remain under the pledge (PL) status since you have not fully paid for these positions.

Now that you understand the basics, let’s explore how corporate actions affect your MTF positions.

Effect of Corporate Actions on MTF Positions

1. Dividends

   You are eligible to receive the full amount of the dividend as long as you hold the stock on the record date.

2. Bonus, Splits, Mergers, or De-mergers

   For corporate actions such as bonuses, splits, mergers, or de-mergers, you must convert your MTF positions to delivery by paying the full amount before the record date. You will be informed about the last date until which you can hold your stock under MTF. After this date, your positions will automatically be squared off.

Rights Issues

You are eligible for rights issues provided you convert your positions from MTF to delivery before the record date.

Have you received messages about guaranteed IPOs or high stock returns? Fraudsters use these tactics to deceive investors. Watch this video that will help you spot scams and stay safe

Investing can be complicated, but what if you could simplify it all with just one click? Watch this video to learn how to invest in ICICI Direct's One-Click Equity Baskets to invest in trending market themes in just a few clicks!

Watch this detailed video to learn how to place order using request library of python

Watch this short video to learn how to set up commodity research recommendation notification on the ICICI Direct App

Watch this informative video to learn how to fetch option chain and historical data through C# on ICICI Direct

Watch this short video to learn how to convert your intraday positions to delivery on ICICI Direct

Watch this video to learn how to setup Breeze API in C# on ICICI Direct

Watch this video to learn how to check the interest charged on your MTF position on ICICI Direct

Watch this informative video to learn how to place Equity/FNO orders for NSE/BSE through C# on ICICI Direct

Watch this video to learn how to use websocket for live data streaming on ICICI Direct

Watch this video to learn to fetch order book through breeze API on ICICI Direct

Watch this video to learn how to square off using breeze API on ICICI Direct

Watch this video to learn how to fetch historical data with Breeze API on ICICI Direct

Watch this video to learn how to place orders in BSE FO using Breeze API on ICICI Direct

Watch this video to learn how to generate Breeze API key on ICICI Direct

Watch this short video to learn how to pledge shares bought in MTF on ICICI Direct

Watch this short video to learn how to add and withdraw fund on ICICI Direct App easily

Watch this video to learn how to trade butterfly strategy with Breeze API on ICICI Direct

Watch this short video to learn how to view momentum picks on ICICI Direct

Watch this short video to learn how to use instant fund withdrawal with eATM on ICICI Direct

Watch this short video to learn how to understand market depth analysis on ICICI Direct

Watch this short video to learn how to view Gladiator stocks on ICICI Direct

Watch this video to learn how to calculate Option Greeks using WebSocket on ICICI Direct

Watch this video to learn automated trading  via Execution Algos on ICICI Direct

Watch this short video to learn how to easily manage your Stock SIP: Pause, modify or cancel on ICICI Direct App

Watch this short video to learn how to get started with the iValue plan on ICICI Direct App

Watch this short video to learn how to place stock SIP order on the ICICI Direct app

Watch this video to know how to trade with scalping trading strategy on ICICI Direct

Watch this video to learn how to place orders in multiple contracts at once via basket order on the ICICI Direct app

Watch this video to learn how to place GTT orders on ICICI Direct

Watch this video to learn how to place GTT orders via ICICI Direct watchlist

Watch this video to learn how to place a cover stoploss order via ICICI Direct watchlist

Watch this video to learn how to customize basket orders on ICICI Direct

Watch this short video to learn how to save and load your charts on ICICI Direct watchlist

Watch this short video to learn how to track multiple charts on ICICI Direct watchlist

In this video, learn how to buy/sell an Options contract by following simple and easy steps on the ICICI Direct app

In this video, learn how to buy/sell an Options contract by following simple and easy steps on the ICICI Direct app

Watch this short video to learn how to check your open position on ICICI Direct App easily

Before we delve into momentum trading, let us ask the question: "What is momentum in finance?" Momentum is something that drives a stock’s price in a particular direction. So, if a stock price is moving up or down over a certain period, the upward or downward momentum will continue pushing the stock price in the same direction.

A momentum trader identifies the price movement's direction and expects the movement to continue in the same direction. This is why he waits for a confirmation that the trend will continue before initiating a trade. As soon as the trader is confident about the price action, he enters a position. This means momentum trading is about the price movement's direction or speed.

Now, if a trader wants to make a profit, he obviously has to buy low and sell high. But a trader neither enters at the bottom of a trend nor exits at the top. His playground is the period in between. This is because a trend's exact starting and ending point is impossible to predict. Now, how do you identify potential entry and exit points for your trade? You need to use technical indicators such as moving averages, relative strength index, stochastic oscillator, and so on.

With the help of these tools, traders’ execute both short-term and long-term momentum trades. Short-term trades may use price volatility or shorter time frames. As the trader enters and exits the trade in a matter of minutes, hours, or days. Similarly, in long-term trades, traders use longer time frames and rely on daily, weekly, and monthly charts to filter out intraday noise. Further, one must remember that research is the backbone of a good trade.

Watch this video to learn how to use the readymade option strategies of Breeze API

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