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Old 01-07-2015, 07:15 PM
renukaj renukaj is offline
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Default Beginners query

im new to trading, i just strated with stock trainer app, im getting morethan 10% profit daily, is that true shall i go for real trading and is it possibe to buy and sell small value shares(<rs 20) in delivery trading.
for example buy: abc for rs11 at 11 am in delivery trading
sell: abc for rs 15 at 1pm

if i get enough profit on same day y dont i sell it, is there any possibility in delivery trading. i can do the same in intraday trading but i felt more risk in this.
kindly clarify ASAP
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Old 01-07-2015, 11:46 PM
asnavale asnavale is offline
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Originally Posted by renukaj View Post
im new to trading, i just strated with stock trainer app, im getting morethan 10% profit daily, is that true shall i go for real trading and is it possibe to buy and sell small value shares(<rs 20) in delivery trading.
for example buy: abc for rs11 at 11 am in delivery trading
sell: abc for rs 15 at 1pm

if i get enough profit on same day y dont i sell it, is there any possibility in delivery trading. i can do the same in intraday trading but i felt more risk in this.
kindly clarify ASAP

It depends on the stock. If the stock is in Trade to Trade group then you can not buy and sell on the same day, even in delivery. When you buy, you have to wait for actual delivery, pay for it and then only sell. For selling you must have the shares in your account.

A low priced share will not go up from 11 to 15 in a single day. The Trade-to-Trade stocks have a circuit filter of 5%. That means, the stock price can rise or fall by 5% of previous day close. Therefore a stock of Rs 11 can go up to Rs. 11.55 or go down to Rs. 10.45. So, your dream of getting a profit of Rs. 4 is not possible, even if you take delivery and sell.

-Anant
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Old 02-07-2015, 12:22 PM
renukaj renukaj is offline
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I could find few shares in top loser/gainer list with more than 10% change in d morning and recover in d evening and few will continue as same for next day. Is it possible to buy such shares. Whether is it possible to get it in intraday trading. I need ur valuable reply.
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Old 02-07-2015, 10:57 PM
asnavale asnavale is offline
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As long as that stock is allowed to be traded in intraday you can do it. But are you sure the stock which is having a 10% change in the morning will recover by end of day? Are you sure next day it will not go against your position if you carry over it to next day (by taking delivery).

-Anant
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