Dear Seniors, I'm trying to learn equity trading and have many doubts and confusions.
Plz throw some light on these points:
(i)If i buy 100 shares of xyz company,when can i sell them? because i see some terms like T+2 and T+5. so should i wait for shares to be in my DMat account before selling them? Plz guide me about the rules and procedure.
(ii)I called sharekhan guy for account openning. He told me that in sharekhan there is nothing like intraday or delivery,you just buy and if you sell them on the same day then this is Intraday otherwise that is delivery? Is it true?
(iii)He also told me that they give margin for T+5 days. Is he correct? Plz guide me.
thanks.
Vedvyas
Plz throw some light on these points:
(i)If i buy 100 shares of xyz company,when can i sell them? because i see some terms like T+2 and T+5. so should i wait for shares to be in my DMat account before selling them? Plz guide me about the rules and procedure.
(ii)I called sharekhan guy for account openning. He told me that in sharekhan there is nothing like intraday or delivery,you just buy and if you sell them on the same day then this is Intraday otherwise that is delivery? Is it true?
(iii)He also told me that they give margin for T+5 days. Is he correct? Plz guide me.
thanks.
Vedvyas