Hello,
If I don’t use the margin offered by stock broker’s,
Then will it also get sold at the same day if my target price is higher than the share day high?
1 Like
What are you trying to sell? Can you be more clear?
Are you already holding stocks that you are trying to sell?
If I buy stock A at a price of ₹100 and 100 stocks.
So, 100*100=10,000.
So I have set a target price of ₹102 per stock and stop loss to ₹90.
So I want to day grade without using margin offered by stock broker’s.
So incase the stock price only trades between ₹93-98.
So will the stock broker automatically sell the stocks at the end of the day?
Yes, if you trade on MIS.
No, if you trade on NRML.
1 Like
So NRML is like swing Trading?
Yes, you take delivery without the use of margins.
Ok, so NRML has low risk?
Do you know any chat rooms related to the stock market?
I am not aware of any chat rooms, as I don’t find the need for chat rooms to trade. But ask around, maybe people here can answer for you. Some do well within a group of traders, some do well alone. So, keep asking.
There is nothing as less risk or more risk regarding NRML or intraday orders. Risk is what you defined beforehand.
Whether MIS or NRML, your position size and your stop decides the risk.