Technical terms in HDFC online Trading

Hello Everyone!!!

Friends, I have never done any online or Offline trading. Recently I opened an Online Trading A/c in HDFC. Now I want to use it for sale/purchase of share.

But there is some confusion. There are many fields which I have to fill but I dont know what these are exactly. For example cnc, margin, limit, market, price, stop loss etc.

Pls help me in this regards and if possible pls tell me any link/site where I could get complete detail with example.
Thanks

chk the site www.hdfcsec.com there is a demo available...

Yes, Demo is of some use.

Just follow this
For Purchase of Share Which you wish to hold for some days/month
Selct Product Cnc=Cash n Carry,

Put Limit Order where, You can specify the price at which you want to buy/sell shares
Put Market Order where, you will buy share at market price.

Re: Additional Help in HDFC online Trading

Hi,

Just saw your mail below. I have also recently opened a hdfc Demat account.
I am also thoroughly confused on the steps to be followed for Buying as well as Selling a stock.

Request your guidance here. With some simple explanation and steps.

Thanks and regards
Subbu

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Re: Additional Help in HDFC online Trading

the terminologies used in Share Market and Share Trading:

* Open: Opening price of the share in the morning.
* High: Highest price of the share during the day.
* Low: Lowest price of the share during the day.
* Close: Closing price of the share at day end.
* Volume: Quantity.
* Bid Price: Buying price.
* Offer Price: Selling price.
* Bid Quantity: Total number of shares available for buying.
* Offer Quantity: Total number of shares available for selling.
* Buying and Selling of Shares: Buying is also called as demand or bid and selling is also called as supply or offer.
* Shorting of Shares or Short Sell: First selling and then buying (this only happens in day trading) is called as shorting of shares or short sell.
* Share Trading: Buying and selling of shares is called share trading.
* Day Trading: Buying and selling of shares on daily basis is called day trading or intra day trading. Squaring off is done on the same day.
* Delivery Trading: In such type of trading, delivery of securities purchased is to be taken in the demat account. For entering into this transaction, requisite money needs to be there in the account. Once, the shares are purchased, they would be deposited in the demat account in T+2 days. These shares can be retained for as much time as the investor feels. In case of delivery trading, first purchase is done then only sale can be done, unlike day trading.
* T+2: Trading day plus 2 days.
* Transaction: One complete cycle of buying and selling of shares.
* Squaring Off: This term is used to complete one transaction. For every purchase a corresponding sale is required and vice versa.
* Limit Order: In limit order the buying or selling price has to be mentioned and when the share price comes to that price, then the order will get executed with the price mentioned at the time of placing order.
* Market Order: The market order gets immediately executed at the current available price.
* Stop Loss Order: They are limits set by traders at which they will automatically enter or exit trades. An order to buy or sell is placed in the market if price reaches a specified limit. A stop loss order is set to limit a trader's potential loss. The stop loss is placed below the current price (to protect a long position i.e. when share is to be purchased) or above the current price (to protect a short position i.e. when a security is to be sold). Limit Order and Stop Loss Order are used together.
* Fundamental Analysis in Indian Share Market: It is a method of analysis of shares of a company for long term investments based on organizations plans, results, collaborations with foreign counter parts etc.
* Technical Analysis in Indian Share Market: It is method used by day traders and short term investors by studying the price movement charts, quantity traded charts, support and resistance levels, technical indicators etc.
* Insider Trading: It is trading of a corporation's stock or other securities by the corporate insiders such as officers, key employees, directors, or holders of more than 10% of the firm's shares. It is buying or selling of a security by someone who has access to material, nonpublic information about the security. Insider trading may be legal or illegal. Insider trading is legal once the material information has been made public, at which time the insider has no direct advantage over other investors. Illegal insider trading occurs when privileged, non-public information is used to trade on corporations stock or other securities. It may include the purchase or sale of shares prior to the disclosure of a corporate news release or the purchase or sale of shares on the basis of information that would never be disclosed to shareholders.

:clap:

Hi,

U should also can access hdfcsec site where in one would be able to understand about the pricing strategies which will help ones to understand the moments of the prices & the options are --- www.hdfcsec.com>Investor> Equity> Knowledger centre>Advanced - click in View articles>Technical Analysis in this you will be able to understand about pricing options, resistance & support levels.....etc.

Im a new user of Hdfc trading acct. Can someone explain me with example
1) how to place a buy order &
2) how to place a sell order to sell the above bought shares.

your reply will be much appreciated

Hi, U can place buy or sell order thru login to your account in that equities & derivatives option>> buy & sell option is available where you can place order even after buying any shares you can place the sell order thru same option.

Then after placing any order you can have a status of your order in books option >> in MY trading account>>> books >>> order book & trade book.

Last Trade book reflects only executed orders.