Hi all I am an NRI interested in trading. New to this site.
I wanted to do trading online, but i understood that it is not possible for NRIs to do Intra-day trading. In that case i have only one option which i do not know whether is it feasible and profitable.
Any of the senior members please help.
My query is
1. Since i cannot do Intr-day trading, can i buy the shares through ICICI direct today and sell it the next day (provided the share price is up) ?
for example yesterday, INFOSYS share price was RS 1766.70
Today it is RS 1772.75
So there is an increase in RS 6.05 per share. If I have 1000 shares with me, it will add up to RS 6000. Yes i know that there will be commission involved.
Is it possible to do so?
Thanks And regards
Bidder
I wanted to do trading online, but i understood that it is not possible for NRIs to do Intra-day trading. In that case i have only one option which i do not know whether is it feasible and profitable.
Any of the senior members please help.
My query is
1. Since i cannot do Intr-day trading, can i buy the shares through ICICI direct today and sell it the next day (provided the share price is up) ?
for example yesterday, INFOSYS share price was RS 1766.70
Today it is RS 1772.75
So there is an increase in RS 6.05 per share. If I have 1000 shares with me, it will add up to RS 6000. Yes i know that there will be commission involved.
Is it possible to do so?
Thanks And regards
Bidder