Some doubts in ICICI Direct account

hi everyone
i have recently opened icici demat account, i have some doudts, help me please

1. what is the difference of F&O and equities trading
2. if i buy and sell on the same day, does the icici automatically take it as daytrade and charge only 0.05%
3. if i have to use the stoploss option, does i have to use limit order only, or does it work on market price too
4. while purchasing some share whose value at market presently supposed is Rs.100, if i keep stoploss for Rs.90 and limit price as Rs.101, is that the right way of keeping the stoploss and limit price while buying
5. can i sell the share which i purchased on limit order during buying , for market price or do it have to compulsorly place limit order while selling too

thank you, i will be waiting for ur replies

gothrough the faq in icicidirect website which will clarify you on trading practives. better avoid trading if you do not know much.

icicidirect website will be accessible on important days (fall or rise) and your order will be in queeu for more than 30 minutes. better avoid this bank. if you are longterm investor then u can goahead.

the brokerage is 3 times the market rates. only advantage is you can convert margin positions to delivery.

raghavan