Intraday Trading Margin Product , is for those customers who want to gain from the expected upward or downward movement in price of a stock during the day but have limited money.

Margin product is the appropriate solution for such customers which gives leverage upto 5 times the allocated trading amount. If you want to Buy 50 shares of XYZ company with CMP of Rs.

But if you are buying with an intraday perspective then you can buy the same under our Margin Product. So, you can leverage more out of the amount you have. When you make an investment under the cash segment you expect the price of a stock to increase over a period of time and thereby make profits from selling at a higher rate.

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The below graph shows the movement of IDFC from December to June However in stock markets the price of a stock moves during the day also as shown below. Margin trading helps you profit from intraday movements in the stock markets if the price moves in your favour. Lets see this graph to understand how it works. Say, if you would have taken a buy position at 9: However your investment was only Rs.

Intraday

Apart from exposure, the second core benefit of Margin trading is the early breakeven which gives you more opportunity to earn profit. The 14 paisa mentioned is the average charges levied on your buy and sell transaction which includes brokerage and statutory charges. Suppose you have taken buy position in shares at Rs.

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In this transaction, you are making 36 paise per stock and total profit would be Rs. So, the movement of even 50 paise in your favorable directions gives you an opportunity to earn good profit.

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If you do even 3 transactions in a day, you would earn about Rs. However, in case the price movement is not in your favour, you will incur a loss. Now, lets learn how to place an order in Margin. Logging on to your ICICIdirect. Suppose, you want to take buy position.

Now follow the following steps to place the order. Select the product as 'Margin' from the product drop down. Client mode only facilitates the Buy position. Choose NSE as exchange.

However in current case NSE is a default. In case you do not know the stock code, type first 3 alphabet of the company in stock field and click on 'find stock'.

Enter the quantity which you want to buy or sell. DAY or IOC, if you select DAY, your orders will be open through out the day, however, if you select IOC, your orders if not executed immediately will get cancelled. Your order would not get executed till the price of stocks comes down to As the stock price comes down to your order will get executed.

Hence 'limit' provides you convenience to buy the stocks at your desired price. Similarly, if you want to sell IDFC at Rs. As the price of IDFC reaches to Rs. This is the quantity which you would like to disclose while placing the order.

Stop Loss Trigger Price SLTP: SLTP is the price where you want to initiate your order whether it is buy or sell.

In this case we can put our buy order by placing Rs. As the stock reaches Rs.

Similarly you can define the SLTP for sell order when you think that stock would go down if it breaks it support level. Limit in this case defines the value where you want to stop your 'Buy' or 'Sell' order. As the price moves beyond the Rs. Now you have to click on 'Buy Now', post this you will find 'Order Confirmation' page where you can verify the order whether it is as per your requirement or not.

So, you have learned, how to place order in Margin.

To know what to buy or sell to earn profit we have following research product for intraday trading. This is the pre-Market recommendations on stock and nifty. You can take 'Buy' or 'Sell' position as per recommendation in the mentioned stocks. Intraday research recommendation during the market hour. Click here to check our research performance. We also provide companies information ICICIdirect. To discover more about Margin or iCLICK-2GAIN, please walk in to your nearest ICICIdirect store for a personalised demo.

You can refer our detailed FAQs for better understanding of the product or reach at our Customer Care numbers.