Comments
  • Akhil says:

    Nice information…thank you..
    But I have doubt buying I understand then selling time…which option will use CASH SELL option right ?..and one more thing can I open a icici 3 in 1 account easily…after that I can start trading with my new account…why I asked becoz I don’t have any icici account…plz give answer

    • Kritesh says:

      Hi Akhil. Yes, CASH SELL will be used during selling time. Further, you can easily open ICICI 3-in-1 account and it’s simple to use. You need any additional help feel free to message me at my facebook page -https://www.facebook.com/TradeBrainsOfficial/

  • Gokul says:

    What will be the brokerage charge? say for purchasing a stock of Rs 500?

    • Kritesh says:

      It depends on your broker. Generally a full service broker charges between 0.1% – 0.5% for delivery. So for Rs 500, if you take brokerage charge of 0.3%, then it will cost around Rs 1.50

    • Akshay Waghe says:

      Use ICICI direct brokerage calculator for bSE or NSE

  • Rohit says:

    if you could explain more on Price improvement order feature for Trailing stopp loss order, that would be real help

  • ishwar says:

    very good and informative.

  • Manjiri says:

    Very useful information.

  • Krishna says:

    Is it necessary to allocate funds from icici saving account only? Suppose i have saving account in kotak or citi bank then will i be able to allocate funds on icici direct after opening the account?

  • Suresh Krishnan says:

    Suppose I already bought 100 shares(icici bank) of rupees 320 on aug 2017, today I bought 17/08/2017 300 shares of same (icici bank shares) of rupees 280. I am planning to sell recently bought shares. How to select the options of recently bought one in ICICI demat account. Kindly help

    • Kritesh says:

      Hi Suresh. Good question. When you buy a stocks on multiple days in delivery (i.e holding period is more than one day for each stocks), then the stock price gets average out. In your case, the stock price will be Rs [(320*m)+(280*n)]/(m+n), where m & n are the number of stocks bought at Rs 320 and at Rs 280. For example, if you bought ten stocks each time, then m=n=10, and stock price will be Rs 300. Further, when you sell a stock the profit/loss will be decided on average buying price only. For example, if you sell you stock at Rs 350, then the profit will be Rs (350-300) = Rs 50. I hope the answer is helpful.

  • HRUSHIKESH SWAIN says:

    Sir when we buy a stock we set a limit price below the market price for place order .If the market price not down to limit price . What to do we.

    • admin says:

      You can modify your order and set the limit price accordingly. For example, let’s say you placed a limit price of Rs 90 for a stock. However, the market price in not coming below Rs 95. In such case, you can modify your order to Rs 96 so that the trade can be completed. Hope this is helpful.

  • eshwar tenneti says:

    what is the meaning of ‘Add to My Cloud’?
    Can I not buy or sell without going to My cloud

  • Chaitanya says:

    Is it necessary to allocate funds from icici savings to demat account.??
    How many days took for day & vtc for selling??

    • Kritesh says:

      Yes, you have to allocate funds before buying a stock and it can be done withing a minute. The fund transfer is instantaneous. Further, VTC is valid till cancellation and day is for single day transaction. I hope this is helpful.

  • S Banerjee says:

    I want to place order before market open, say I want to buy some share in night, so that it will not jump on next day market open and I will catch the share in my desired price. Please share the steps.

    • Kritesh says:

      Hi Banerjee. You can place an AMO (After market order) in which you need to set a limit price at which you want to buy the stocks. The procedure is same as what you follow for buying stocks during market time. However, the order will be placed only once the market is open next day. No transaction is done after market timings.

    • Santosh Kumar says:

      Dear sir,
      How to know demat account number in ICICI Direct. I am having 3 in 1 account.

  • sami syed says:

    Excellent article, user friendly. I have buy my 1st trade through your article guideline. Thank you.

  • Vivek says:

    your views are really informative and helpful Kritesh. Just a query like can you help me understand different order type like day ,IOC & VTC. how different are all of them.

    thank you so much .

    • Day, IOC and VTC are the order types
      Day = valid for the day
      IOC = Immediate or cancel (The order will be executed immediately or will be canceled)
      VTC = Valid Till cancel (the order will be valid for that day and upcoming days until canceled).
      I hope this is useful.

  • Nilesh says:

    Thanks for knowledgeable information

    I have a question

    How to buy shares in pre open market{between 9:00 am to 9:15am} through icici direct

    • Hi Nilesh. You can place an order through an AMO (after market order) before the opening session. If a trade match is found during the order matching period in the pre-opening session, then your order will be complete. I hope it helps.

  • Saurabh says:

    Hey. My question is how many days or hours it takes once you the place the order for shares to arrive (reflect) at your account. Because if I want to sell it the next day (suppose price is up next day), can I place the sell order then ? My experience is that it takes 3-4 days for shares to reflect in your account so you HAVE TO WAIT for that period before you can even think of selling them. Please guide.

    • Kritesh says:

      Indian stock exchange follows t+2 settlement rule which means it takes 2 days to reflect the stock in your account. You can sell the stock one received. Nevertheless, yes, you have to wait till then.

  • Pavithra says:

    hi I am new to icici direct my question is I placed a order cash buy by selecting day as option as u told if day selected do I need to sell that share that day itself or I can sell whenever I want please guide,and what is t+2 days and all please explain(if I buy I need to wait 2days to sell immediately I can sell?)

    • Hi Pavithra. It takes 2 days for the stock to get credited to the demat account. Therefore, you cannot sell the stock next day. However, if you are doing an intraday trading, you can buy and sell on the same day. I hope it helps. Cheers!

  • sandeep kumar pandey says:

    I am new in trading and i have some amount in allocated funds but i am unable to reduce that amount from there??

  • Ranabir Chanda says:

    Please suggest me how to sell stocks in ICICI Direct?

  • Ridhdhi says:

    Hi Kritesh.. very nicely described for newbie.
    I have icici direct account but when I am trying to place order, it says “
    Your account is mapped to an ICICI Securities Business Partner”

    And borker’s contact details are given. I would like to place and sell orders myself. How do I take control of my account.
    Thanks

    • Hi Ridhdhi. In your case, your account might be mapped with a sub-broker of ICICI securities. You need to call ICICI direct and ask them to provide trading credentials. As your account is already open, it won’t take too long.

  • chandan says:

    sir after buying shares and after 3+day ,where m going to see my holdings if it is deposited in my account

  • sunita kumari says:

    mujhe intraday kaise kare yeh jankari chahiye

  • Simply wanna say that this is very helpful, Thanks for taking your time to write this.

  • Kumar says:

    Hello Kritesh,

    Very nicely described post!!

    Just a simply query I have, if I buy a stock under VTC option and if it executes after 1 hour, now if I want to sell that stock on the same day, can I do it?

  • Kuldeep says:

    Hii..kritesh I m new in market wanna know if I want to hold my stock investment for longer time than 45 days through vtc what I need to do?
    2. Will I need to sell my shares within the time period of vtc..what if I don’t?

  • narisi says:

    Hi kritesh,
    Do we have brokerage deduction on cash sell also? If we have could you tell me how much it will be.

  • Vijay says:

    Hi kritesh,
    You articles are very helpful. And undoubtedly it is giving clarification which we exactly need.

    Can you provide some link to under stand all terms used in icici direct mobile app. There are plenty of options. I would like to do my trades with utmost effectiveness with icici direct mobile app.

    Example cash buy is ok , also there is flexicash option? What’s is that meant. Similarly there are many tabs.

  • Usha Sainath says:

    You hv mentioned about an online course for newbie investors here which is not open for enrollment now. When will the enrollment start?

  • rahul says:

    Hi,

    im very confused with day,ioc and vtc.

    just want to confirm, if i need to buy stocks now and keep it for long term, which is the option i need to select, DAY/IOC or VTC.

    • Hi Rahul. As you know that the price of stocks keeps on fluctuating. Let’s say you placed a limit order to buy a stock at Rs 90. However, the price of the stock is fluctuating between Rs 85 to 95. Now, when your order amount matches the current market price, the transaction is done.

      If you place a day order, your order will be valid for a day. Throughout the day, whenever your order price matches the market price, the transaction is done. Else, it will be canceled at the End of the day. On the other hand, IOC is immediate or cancel and VTC is valid til canceled.

      In your case, select the day option. It will work well. I hope it helps!! Cheers!!

  • thanks for sharing this information..have shared this link with others keep posting such information..

  • Pardeep says:

    how to sell the shares in icici direct.
    kindly provide the link like link how to buy link.

  • Rahul says:

    How do i check my balance on demat?
    I have allocated 4000rs initially and purchased few odd shares summing upto 2500rs. Where do i see the balance amount ?

  • Thomas Christian says:

    Suppose, I sell some shares on day One. It sold on the same day and deducted from my portfolio on second day and money deposited in my SB Account on Fourth Day. Is it possible that I got the money in my SB Account on second day? I mean they take some charge and do the process faste.

  • thanks for sharing this information.have shared this link with others keep posting such information..

  • Ravi Chandra says:

    No.. it’s not necessary to allocate fund if you have 3 in 1 account as money gets debited directly from your account when one buys stock. But since there is minimum average balance (MAB ) policy in ICICI General saving A/c you have to take care of the same if your DMAT a/c is attached to it.

  • Tapas says:

    How can I hold my share for one ,two,three years or how long I want to hold, after that how can I sell it?

  • SEEMA KUMARI says:

    I HAVE TRADING AN ACCOUNT IN ICICI DIRECT. HOW CAN I PURCHASE ETF KINDLY PROVIDE ME STEP BY STEP PROCESS

  • Bharath says:

    Sir, can I buy stocks from American stock exchange using ICICI Direct. If I can, how should I do it? Thanks very much.

  • Joey says:

    Help Sir,
    how can I do Swing trading, if i bought a share today and not able to sell it tomorrow (bcz it takes T+2 days to credited) ..its price come up within 2 to 3 trading sessions or can be extended to a week. pl help

  • Ravi Kanth says:

    Thanks for the great post. The way you explained the post is very good. This post helped me to learn some new things. Keep posting. Please let me know for the upcoming posts.

  • Gopi patel says:

    amazing Article, Thanks for sharing!

  • Aditya Deshpande says:

    I have purchased two stocks on 31st march from ICICI direct and still my shares are reflected on my account.

  • Balaji S says:

    Hello Sir,
    I have a DEMAT in ICICIDIRECT in which I have placed a order a year back. I can see the stock in PORTFOLIO. I am planning to sell the stock , but the problem is it asking to choose NSE or BSE which I don’t remember. I want to find the purchase details. In ICICI DIRECT please guide me where is the option to see purchase details ? Thanks.

    • Hi Balaji. You can sell it anywhere, either BSE/NSE. It doesn’t matters.

      • MVLNRKGUPTA says:

        ABHISHEK GARU,
        I HAVE PURCHASED IN NSE 100 CANARA BANK SHARES AND SOLD 100 SHARES IN BSE ON THE SAME DAY .
        BUT MY EXISTING SHARES OF 100 SHARES WERE DEDUCTED. DUE TO CHANGE OF EXCHANGE IN BUYING AND SELLING THE EXISTING BALANCE WAS DEDUCTED, IS IT CORRECT. TWO DAYS BACK I HAVE DONE SAME LIKE BUYING AND SELLING IN ONE EXCHANGE. BUT MY EXISTING SHARES WERE NOT DEDUCTED.
        DUE TO CHANGE OF EXCHANGE IN BUYING AND SELLING, I AM GETTING 100 SHARES TRADE PLUE TWO DAYS. IS IT CORRECT. I AM DOING CASH BUY AND CASH SELL ONLY PLEASE CLARIFY.

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