How to buy and sell shares using icici demat account

How to buy and sell shares using icici demat account

Posted: alexik-f Date: 28.06.2017

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Convert your Mutual funds into demat form

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You must've bought those share with cash.

how to buy and sell shares using icici demat account

Cash transaction means you will have delivery of the shares. If you check your Security Projections, it will tell you the expected date when the shares will be credited to your demat account.

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If you want to buy and sell shares in the same day, you'll have to use margin trading. No other formality is required as it must be done by ICICIDirect while opening your account. Click on the TradeBook link and choose the relevant date, you should get all the details including the brokerage.

You can view your holding by clicking on the Portfolio Tab and then click on the Equity link there.

Your current holdings will be displayed there. For selling the shares you need to use the Demat Allocation link in the Equity Tab and allocate the share before you can sell.

You can click on the Security Projection link in the Equity Tab to find out when the shares will be credied to your account Hope this helps. Originally Posted by novice1. Margin positions are to be covered before 3 PM or earlier ,if you plan to carry over the position then you can choose the option "Convert to Delivery" and pay for the carry over shares in full.

I am not sure about Margin Plus. But if you have used the Margin option while placing the order the following applies.

how to buy and sell shares using icici demat account

After the order is executed, go to Open Position link, there you will find 3 links for Square Off, Convert to Delivery, Add Margin--choose the one you need. All this you will find as long as the position is open. If ICICI has closed your position you cannot convert that to delivery. Thread Tools Show Printable Version. BB code is On. The time now is Advertise With Us - Forum Rules - Contact Us - Home - Archive - Privacy Statement - Top.

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Are you a day trader? Originally Posted by novice1 Margin positions are to be covered before 3 PM or earlier ,if you plan to carry over the position then you can choose the option "Convert to Delivery" and pay for the carry over shares in full.

Originally Posted by novice1 I am not sure about Margin Plus. You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off Forum Rules.

How to buy shares or equities using ICICI Direct account
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