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How to do intraday trading in Edelweiss?

Nuvama (Edelweiss) Account Opening

Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Edelweiss customers can do intraday trading online, using call & trade or by visiting a dealer desk in nearby Edelweiss office. Intraday trading requires you to close the position on the same day. It is the most popular form of trading in India.

Steps to do Intra-day trading in Edelweiss Online

  1. Login to the Edelweiss website, mobile app or TX3.
  2. Transfer funds from a bank account to the Edelweiss trading account.
  3. On Edelweiss website, click on the 'Login' button > ''Buy/sell'
  4. Search for the stock to invest in the search bar.
  5. Click on the 'Trade' button next to the name of stock in the search result.
  6. Click the 'Buy' button, select exchange and enter order detail.
  7. Choose the product type as 'Intraday MIS' and click the 'Place Order' button.
  8. Review and confirm the order
  9. Go to the 'My Positions' tab to check the status of your position.
  10. Close position (sell) the same day before 3:20 PM.

Note: In intraday trading, you need to sell the stocks bought on the same trading day before the market closes. Else you have to convert your order into delivery by paying the full value of the trade.

 

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