Exchange Code : Select the exchange in which stock has to be traded. Trading can be done in equity segment of NSE & BSE.
Scrip Code : You can select the stock which you want to trade.
Get Quote : You will get a detailed quote page with market depth for the stock selected
Scrip Locator : It will help you to search your stock.
Scrip Margin : You can know how much exposure is allowed for the particular stock selected.
Order Quantity : Enter quantity to be traded.
Order disclosed Quantity : Enter quantity to be disclosed to the market. It should be minimum 10 % of quantity and not more then order quantity. It is optional to enter disclosed quantity.
Order Validity :
GFD : Good for Day is an order which is valid for the same day on which order placed.
IOC : Immediate or Cancel is an order wherein it is executed at Limit Price if matching order available in market depth. If no matching order is available Order is cancelled.
MY GTD : MYGTD is an order which you can place buy and sell Limit orders in scrips of your choice specifying the period for which you want the order instruction to be valid. The period selected by you should be within the maximum validity date defined by your Broker.
Short Sell: Selling of a stock that the seller does not own at the time of trade. You must “close” the short by buying back the same number of shares (called covering). If the price drops, you can buy back the stock at the lower price and make a profit on the difference. If the price of the stock rises, you have to buy it back at the higher price and book a loss.
Order Type :
Market Order : A market order is an order to buy or sell a stock at the best available price. Generally, this type of order will be executed immediately.
Limit Order : A limit order is an order to buy or sell a stock at a specific price or better.
Stop Loss Trigger Price : A Stop Loss Trigger Price is an order to buy (or sell) a security once the price of the security climbed above (or dropped below) a specified stop price. When the specified stop price is reached, the stop order is entered as a market order (no limit) or a limit order (fixed or pre-determined price).
Limit Price : Price to be entered for a Limit Order.
DP Account : Select DP account which the shares has to be bought in.