Hi Friends..

Its been a long time.

So, Continue from last post..............

After getting the Demat account , if you want to trade on your own then you must have a laptop or desktop and net connection, or else you can assign this task to your broker.

Then you get the software for trading installed into your laptop or desktop and your broker will do that installation free of cost, and after that you can do the trading.

But before starting the trading..............

i) You go to NSE website ( http://nseindia.com/) and BSE website (http://www.bseindia.com/) and see 50 scrips as well as 30 scrips of NSE as well as BSE.

ii) You observe the opening , high, low and closing price of the scrips for at least 7 days.

iii) Now you decide whether you want to go for long term or short term. Short term can of 1 day , which is also called Intraday (where you buy and sell the shares same day) or maximum 7 days. 

Long term which is called Delivery can be of 1 month or more than 1 month.

iv) Now you have to decide about selection of the scrips for that you can ask to your broker or if you know about then the Technical analysis then you can do the technical analysis or the least you can do is to acquire the Historical data of a particular scrip from NSE website and you can see what is the least and the highest price within a certain time period like 1or 3or 6 months or 1 year.

v) Now you see which scrip has reached its least trading price, you can buy that as per your limit ( Like for intraday the limit is at least 5 times of your deposit and for Delivery it is 1 time of your deposit.)

Next for tomorrow

Bye