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Questions

Community User Posted on 11:08am 10-Nov-2020

Can I buy a share today and sell the same day?

  • ICICIdirect Executive Thank you for the query. We would like to inform you that intraday/margin broker mode transactions can be placed using the Margin Buy or Margin Sell tabs under the Place order link on the Equity page.

    Margin Buy - Place an intraday buy order for stocks
    Margin Sell - Place an intraday short sell for stocks

    Pathway: Log into your account (new website) > Equity > Place Order > Margin Buy / Margin Sell


    The Margin Open Position page displays margin open positions taken in the current settlement and provides you the facility to:

    > Add margin - You can add additional margin against positions taken in the current settlement
    > CTD (Convert to Delivery) - You can convert margin position to Cash position and take delivery of the same
    > Square off - You can place square off order against your position using this link
    > Change mode - You can change the mode of the positions taken in the current settlement from Broker to Client and vice-versa

    Pathway: Log into your account (new website) > Equity > Open Positions > Margin

    01:20pm 10-Nov-2020