As an intraday trader, you have the opportunity to capitalize on small stock price fluctuations. But to book a big profit on smaller fluctuations, you need a lot of capital. Now, you can get that additional capital to invest in more stocks by leveraging the Margin Buy/Sell product on ICICIdirect.com.
Margin Buy/Sell is an exclusive product designed for our intraday traders who wish to buy and sell shares on margin. You can buy and sell shares and square of your positions on the same day. You can avail the margin by paying a small initial margin or even leverage the shares as margin facility i.e. you can use your shares as collateral to get the margin amount.
Short-selling is yet another feature that you get in this intraday product. If a stock is showing a declining trend, you can sell the stock first and as the price declines, you can square off your position earn profit.
Welcome to cashless trading from ICICIdirect! Generate instant limits with your existing shares available in your Demat Account by using Shares as Margin facility to trade in Margin Product. Go ahead and take advantage of ICICIdirect’s Intraday Product - Margin Buy/Sell