Basic question

sebastian_ac · #1 29th July 2008, 10:52 PM

Hello,

I have 2 question which may sound silly to many.

If I sell a stock from my DP and buy it later the same day, can it be called an Intraday trade?

What makes the share value to move up or down on an exchange. I know it is the demand and supply, but what exactly causes the share value to move? Is is based on the last executed trade for that stock.

Thanks
Sebby

Czar · #2 29th July 2008, 11:04 PM

1. Yes
2. some find still more value in the share & some believe this is the right value or want to book profit / loss at a certain level so the demand & supply hence the up down

aad · #3 30th July 2008, 12:00 AM

Quote:

Originally Posted by sebastian_ac

Hello,

I have 2 question which may sound silly to many.

If I sell a stock from my DP and buy it later the same day, can it be called an Intraday trade?

What makes the share value to move up or down on an exchange. I know it is the demand and supply, but what exactly causes the share value to move? Is is based on the last executed trade for that stock.

Thanks
Sebby

Yes. For this to happen, you have to sell in intraday mode first and convert it to delivery (option provided by many brokers) if it suits your views else cover it off during same day.

Regards,

Abhay

sebastian_ac · #4 30th July 2008, 01:15 AM

Thank you for the answers.
Let me rephrase my 2nd question,
Let us say the market price of IFCI is 43.25. If I want to buy the share at any cost, and if no one wishes to sell it, what will be the stock price at the end of Day?

Thanks!

SavantGarde · #5 30th July 2008, 02:45 AM

When You Have Only Buyers & No Sellers That Is When A Stock Is Said To Have Hit The Upper Circuit.

Since IFCI Is Also Traded As Derivatives, Exchange Might Put A Circuit In Abnormal Price Movement, Stocks Which Are Traded In Derivatives Do Not Have Circuits or Price Bands Are At Times Determined By The Exchange.

For All Other Scrips That Are Not Traded In The Derivatives Segment Have Upper & Lower Circuits Of 20%, 15%, 10% & 5%....May Also Have Lower Than 5% In Some Cases

Hope This Answers Your Basic Question

Happy & Safe Investing

SavantGarde

Quote:

Originally Posted by sebastian_ac

Thank you for the answers.
Let me rephrase my 2nd question,
Let us say the market price of IFCI is 43.25. If I want to buy the share at any cost, and if no one wishes to sell it, what will be the stock price at the end of Day?

Thanks!