Stock FAQs

how to sell stock in icicidirect

by Al Feil II Published 3 years ago Updated 2 years ago
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How to sell shares using ICICI Direct?

  • Log in to icicidirect.com website
  • In the left navigation bar, expand 'Equity' and click 'Demat Allocation'
  • Click the 'Sell' link in front of the share you want to sell.
  • Enter the sell order information.
  • Confirm the order.
  • In the left navigation bar, expand 'Equity' and click 'Order Book'
  • Check the status of your order.

Steps to sell shares using ICICI Direct
  1. Log in to icicidirect.com website.
  2. In the left navigation bar, expand 'Equity' and click 'Demat Allocation'
  3. Click the 'Sell' link in front of the share you want to sell.
  4. Enter the sell order information.
  5. Confirm the order.

Full Answer

How does icicidirect calculate the cost of buying a stock?

This is being calculated by ICICIDirect after considering your buy position in the corresponding settlement and also on ICICIDirect's internal risk profile of that particular stock.

How to sell shares in ICICI Direct?

You can sell shares using ICICI Direct website or its mobile trading app. In the left navigation bar, expand 'Equity' and click 'Demat Allocation' Click the 'Sell' link in front of the share you want to sell. Enter the sell order information. Confirm the order.

Why choose icicidirect?

ICICIdirect brings you the highest standards of security, which are commercially available on the net. Millions of customers are dealing in shares on the net. We bring you the same level of security standards, which are used by leading international trading sites.

How to open an icicidirect E-invest account?

You can open an ICICIdirect e-Invest account by filling a single application form. This form will help you open an ICICIdirect Brokerage Account along with a Bank Account and one or more Demat accounts as required. .

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How can I sell my ICICI Direct shares in same day?

Alternatively you can also perform intraday trade to buy and sell shares on the same day....How do I buy shares and sell on the same day?Login to your account and go to Equity Page.Click on Margin Buy / Margin Sell.Select the Broker Mode / client Mode.Enter the stock name,quantity, order type, Price.Place order.More items...•

Why I Cannot sell my shares in ICICI Direct?

4.1. c Unable to place sell order as it states Insufficient stock in DP account though I hold shares. In order sell securities in Cash you need to hold them in your Demat Account and the same needs to be allocated.

How can I sell my shares in Demat Account?

How to sell shares from a Demat account?Select the stock that you want to sell from your Trading account.Click the 'Sell' option next to the stock and enter the number of shares you want to sell.The said number of shares of the selected stock will be debited from your Demat account.More items...

How can I buy and sell stocks in ICICI Direct?

Step by step guide for How to trade in ICICI direct:Step 1: Login to your ICICI Direct account. First, you need your account credentials to login in to the ICICI direct. ... Step 2: Allocate funds for buying stocks. ... Step 3: Place order for the stock.

What is cash sell in ICICI Direct?

You have the option to select "Cash" or "Margin". Cash Orders are for transactions intended for delivery. In case of Buy orders, 100% of the order value is blocked out of your limit. In case of Sell orders, the securities are blocked in the Demat Account.

How can I buy and sell shares in Demat account?

Read About4 Steps You Need to Buy Shares Through a Demat Account.Obtain a PAN Card. To buy shares and trade in the stock market, you need a Permanent Account Number (PAN). ... Open Demat Account and Online Trading Account. ... Link Your Bank Account. ... Start Trading.

What is procedure to sell stock?

Filling out the trade ticket is a quick process: You'll select sell, plug in the symbol of the stock, the number of shares, your order type (and limit or stop price, if applicable) and what's called the “time in force” or order expiration: essentially, how long the order should remain open.

What is the procedure to sell shares?

However, to do this, you will need to open a Demat and Trading account with your stockbroker. A Demat account is one where the owned shares reflected in your portfolio while the trading account is one which allows you to buy and sell shares or other securities in the market.

How do you sell stock holdings?

In order to sell your holdings from a different exchange (NSE or BSE), you can add the stock to Kite Marketwatch and sell it. Note: If you haven't submitted a POA, then you can use the CDSL Tpin to sell shares from your demat account.

What is order validity in ICICI Direct?

When placing a buy or sell order with ICICI Direct customer has to choose the period of the validity of an order. The order could be valid for a day, IoC (Immediate or Cancelled) and VTC (Valid Till Cancelled). Day Order. A Day order is valid till the end of the trading day.

What is minimum order value in ICICI Direct?

The minimum brokerage in I-Secure plan for delivery segment is Rs 35 per trade or 2.5% of the trade value whichever is lower. The minimum brokerage in Prime plan and Prepaid plan for delivery segment is Rs 25 per trade or 2.5% of the trade value whichever is lower.

What is margin buy in ICICI Direct?

Margin Buy/Sell is an exclusive product designed for our intraday traders who wish to buy and sell shares on margin. You can buy and sell shares and square of your positions on the same day.

How to decide when to exit a stock?

How to decide the right time to exit a stock? The ability to profit from stocks, in theory, requires two significant decisions: purchasing at the right time and selling at the right time. Although buying at the right price can decide the profit earned in the end, selling at the right price ensures the profit (if any).

Can I trade stocks on my own?

Since stock trading takes place electronically on the Internet , anyone with a trading account can trade on his own using a computer or mobile phone. Stockbroking firms offer trading accounts that can be used to buy and sell stocks. They also provide demat accounts.

Do you have to pay for demat and trading?

The costs involved. You may have to pay account opening charges for both demat and trading accounts. Of course, many depository participants and brokers do away with such charges to make it attractive to new investors. You also need to pay annual maintenance charge and transaction charges for demat accounts.

When can you disclose quantity in a market order?

Market Orders can be placed only when the market is open. Disclosed Quantity. An order with a disclosed quantity condition /attribute allows you to disclose only a part of the order quantity to the market. Disclosed Quantity cannot be less than 10% of the order quantity.

What is market order in NSE?

Market Orders in NSE : This is an order to buy or sell securities at the best price obtainable in the market at the time it is matched by the exchange. Therefore, chances of its getting executed are better.

What is a cash order in Demat?

You have the option to select "Cash" or "Margin". Cash Orders are for transactions intended for delivery. In case of Buy orders, 100% of the order value is blocked out of your limit. In case of Sell orders, the securities are blocked in the Demat Account.

What is margin order?

Margin Orders are orders intended for square off within the settlement. In case of Margin orders, only a specified % of the order value is blocked out of your limit. However, additional margin might be needed to provide for subsequent Mark to Market losses. Only select stocks are available for margin trading.

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