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    Intraday Trading

    What are the options for “order validity”, “disclosed quantity”? Where can I see them?

    To view these additional options just click “charges & more” displayed towards the right of the “price” tab under place order.

          

     “IOC” orders

    • IOC refers to Immediate or Cancelled orders
    • It lets a trader to buy or sell shares as soon as the order is placed in the market, in the event the order is not accepted or failed, it will be removed from the system.
    • For example, Mr. S puts in an IOC order to buy 100 shares of ITC at Rs. 450 but 100 shares at Rs. 450 are currently not available in the market. In this case, this order will be immediately cancelled. There will be no open positions created in this case.

    Disclosed quantity

    You can choose to display the entire quantity or a part of it to the market while placing the order.  You can also decide the amount you want to disclose at once.

    • For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed.
    • In NSE, the Disclosed Quantity (DQ) should not be less than 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity.
    • In BSE, the Disclosed Quantity should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
    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 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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