Comment on Orders - Place, Modify, Cancel & View

Vishalal commented on 20 Jun 2014, 07:23 AM

Hi Nithin, very informative post indeed and thanks for taking the patience to answer all of them brilliantly. You are a lot of help for new traders/investors like us. Here’s my basic query:

1. I want to buy shares of XYZ at X1 price and hold but I do not want the delivery of the shares in my demat a/c. I want to keep the shares for say anywhere between 1 day to 1 month and when the price is right (X1 plus something), I want to sell it off or when my stop loss is triggered (X1-something) Can i even do that? If yes, what will be the basic step to follow in the platform.

2. Also can I short the stocks in the same way? Intraday for me seems too risky, but wondered if I can hold back the stocks for a few more days.

3. Also, how can I use a trailing stop loss? I read somewhere that i have to send a mail to get this function activated. Does that mean there are extra charges for that?

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