How to 🟢BUY 🔴SELL SHARES on Zerodha Demat a/c, KITE APP? Live Demo! - YouTube

Welcome back to another episode of Labour Law Advisor

In this video, I will explain that how can you buy shares using ZERODHA Kite App

I made a video like this some days ago

I sent that video to my friends for feedback And They said - "We understood nothing"

That video was a bit technical

But today, I will explain in simple language So, that maximum people can understand

Please like the video if you like my efforts

Let's know that how can we place orders using ZERODHA Kite App

We will also know the meaning of complex orders like BO, CO, AMO, Regular, Stop Loss, etc

I am MANDEEP and you are watching LABOUR LAW ADVISOR

[Intro Music]

After the activation of your ZERODHA Demat account, You receive the Kite App user ID and password through email

You can log in to Kite App using that login ID and Password

You can also set your PIN to activate two-factor authentication for double safety

If you haven't downloaded Kite App yet then you can download it using the link given in the description

You can also download it direct from the Play Store Search - Kite App in Play Store

After logging into the Kite App, You will see watchlists from 1 to 5

You can add a maximum of 50 stocks to each watchlist

You don't need to search your favorite stock again and again You can access them directly from your watchlists

You have 5 lists so you can add different stocks as you wish

For example, I add only banking stock to my watchlist 3 like I added HDFC Bank and SBI

Similarly, I will add all banking stocks as I wish in my watchlist 3

Then I will long press on this watchlist. Let I change its name from watchlist 3 to bank stocks

So, whenever I need to see banking stocks, I will directly open my "watchlist 3" which name is "bank stocks" now

Similarly, I can add all the indices in my watchlist 4 Like Sensex, Nifty, Bank Nifty, etc

In my watchlist 5, I can add commodities

When you expend the MARKET WATCH given at top You can see SENSEX and NIFTY here

You can change the spots of these two Like SENSEX has spot 1 and NIFTY has spot 2

If I want to replace SENSEX with DMART share I will click on it and let's scroll up

As you can see the option of PIN TO OVERVIEW Spot 1 and spot 2 are given here

I want to replace NIFTY BANK with DMART So, I selected spot 2

As you can see DMART on spot 2 So, this is your quick access window

You can keep here your 2 stocks or indices to access it quickly

Let's open the ORDERS window

In the ORDERS, you will see Pending, Executed, and GTT

Pending orders mean the orders which are not executed yet

Executed orders mean the order which has executed (Either canceled or competed)

GTT means GOOD TILL TRIGGERED This is a very useful feature

Especially for the people who can't track the market daily, I will explain it later

When we will go to the PORTFOLIO You will see HOLDINGS and POSITIONS

Holdings mean your equity deliveries. If you hold more than a day, then it comes in holdings

Positions mean your intraday holdings. This means the stocks which you buy and sell on the same day

When you click on the extreme right icon which is your profile icon

We will go in funds. You have to add funds before buying the shares

You can add whatever amount you want to add using UPI, Google Pay, or Net Banking

You can withdraw your funds back in your bank account using the WITHDRAW option

Let me explain that how can we buy the shares

Let's learn it with the example of ONGC which I have already added to my Watchlist 1

So, I have to simply click on its name and I have got the option of Buy and Sell

By scrolling it down, I can see its market depth

The numbers given in blue color indicate the availability of shares that can be bought

The quantity and the price of orders are also given here

Similarly in the red color, I can see the availability of shares that are ready to sell

The number of shares and respective prices are also mentioned here

By scrolling down, I can see its fundamentals (Ratios)

By clicking on technicals, I can check its bearish or bullish score

I can click on StockReports to see its in-depth stock report

Let's go to the BUY section. I can type the number of shares which I want to buy

I want to buy 2 shares, So I entered 2. Then we have two option in the PRODUCT section - CNC and MIS

CNC means CASH N CARRY. We choose this option when we want to hold shares for more than a day (Delivery)

MIS means MARGIN INTRADAY SQUARE OFF. So, we choose this option for intraday trading.

Let's first learn MIS. There are 4 different options in the ORDER TYPE.

These are MARKET, LIMIT, SL(Stop Loss Limit), and SLM (Stop Loss Market)

Let's understand the MARKET order first. Market order means you can't type your desired buying price here

This share will be bought on the current market trade price of the share.

LIMIT means you can enter your desired price here. Suppose the share is trading at 78 Rupees

And I think that this can go down and I want to buy it for Rs 70

So, I will type 70 here. My order will be placed as I swipe it right

Its drawback is that if the price doesn't hit 70 then your order will not be placed.

And the order will be canceled by the end of the day.

Before going ahead, Let me explain two words

MARKET always means the price which is being traded in the market (Buying/Selling on that price)

LIMIT always means that stock will be bought/sold at your desired price

If the stock doesn't hit that price then the order will be canceled.

Hopefully, you understood the meaning of these words

Now, let me explain STOP LOSS LIMIT I have used the word LIMIT with STOP LOSS

This means you can enter your desired price here But it also indicates another meaning

Suppose you have already bought a share at 78 Rupees You want to put stop loss in it now

So, that you can save yourself from a huge loss if the price suddenly goes down

As you bought at 78 Rupees, Now you can decide that how much loss you can face And type a lower price here

As I want to sell it at 70 so entered 70 You also get the option of entering Trigger Price

TRIGGER may be a new word for you So, let's understand it

As I entered 73 in TRIGGER. It means that the current market price is 78,

But my order will be activated when the price will touch 73

Then as the price touches 70, My stock will be sold quickly

So, here TRIGGER means that your order will be placed but it will not be activated until it achieves the Trigger Price

Your order will be activated at Trigger Price and Stock Exchange will be notified and it will be executed at 70

Let's discuss STOP LOSS MARKET I have used the word MARKET here

Means you can't enter your desired price. As you can see, I can't enter my desired price after clicking on SLM

I can only enter trigger Price Let's enter 73 as Trigger Price

So, my order will be activated on 73 and will be executed within 1-2 minutes on a new price as I have selected SLM

Sometimes, stock hits price 73 and the order also gets activated at 73,

Then the price suddenly goes up or down. So, your order will be placed near that price.

Thus, STOP LOSS LIMIT and STOP LOSS MARKET are the orders which protect you from a loss

And your share gets sold quickly if it achieves your set stop loss

It means you can set SL or SLM orders after buying the share

And this orders must be only a sell order Not the buy order

Let me do it MARKET as of now Let's have a look at ADVANCED Orders

In ADVANCED ORDER, there is Bracket order (BO) and Cover Order (CO)

At last, we have After market order or AMO Let's understand bracket Order First

In bracket order, you can set a stop loss And you can also set a cap on your profit also

Suppose a share is trading at 78 at present. I think that this may go high as 100

I want to sell it if it hits 100 So, There is 22 Rupees profit on 1 share (100-78)

Let me type 22 in the target option You don't need to type a new share price

You only need to type the profit of one share This is 22 Rupees in my case as of now

You can decide your stop loss also I am ready to bear a loss till the price hits 70

That's why I will type 8 in the STOP LOSS option

I can also set Trailing Stoploss. It means if I set a trailing stop loss of Rs 1

Then, my stop loss will be changed to 71 if the stock hits the price of 79

If the stock price hits the mark of 80 My stop loss will be changed to 72 automatically

So, the difference of 8 between my stop loss and share price will be always maintained

But this gap will not be maintained if the stock price goes down. My stop loss will not change in that case.

In Bracket Order, My target is 22 Rupees. My stock will be sold as it achieves a profit of Rs 22

My stop loss is Rs 8. If the stock moves down more than 8 Rupees then it will be sold automatically.

you can see the LIMIT option here So, I can choose the desired buying price for my stock

The current market price is 78 and I want to buy it at 70

So, as the price hits 70, my order will be executed. It means I would have bought that share.

My target is 22 here. So, if the share price hits 92 (80+22) then my stock will be sold automatically.

Similarly, if it hits 62 (70-8) then also my stock will be sold automatically because that is my stop-loss.

Now let's discuss CO (Cover Order) You get high leverage in this order

But setting a stop loss is mandatory in that case and it should not be more than 1.5%

Let's know about AFTER MARKET ORDER now

Suppose the market has already closed and you were not able to put order during market hours

You can put order even after market hours and it will be executed the next day

All other things are as it is as we discussed

In the VALIDITY option, you can select DAY or IOC

If you select the DAY option then your order will be active for the entire day if your shares are being bought in parts

IOC means IMMEDIATE OR CANCELLED. Suppose you put an order to buy 1000 shares,

But there is not any single person who can sell 1000 shares in the market

And 10 people are ready to sell 10 shares each So, there will be 10 trade for your order

This process may take some time in some cases

You may get only 500 shares at one time and then you will get 200 and then you get 300

That's why it takes time

So, IOC means that all the shares of a single attempt can be used for your order and the rest will be canceled

Let's revise it once. MARKET means the share will be bought at the current market price

LIMIT means you can enter your desired buying price

Trigger means that your order will be not activated until it hits trigger price

Let's know about the CNC CASH N CARRY

You get MARKET and LIMIT orders option in CNC Suppose you want to buy it at LIMIT order

And you set a LIMIT of 70 then there may be possibilities that share will not hit 70 so your order will not be placed.

But if you want to hold it for a long time then you can even it buy at market price

At least there will be certainty that your order has placed

You can't use BO or CO order in CNC CNC disappears as I click on CO

So, you can put regular order or AMO in the case of CNC

You can see the option of Disclosed Quantity (Disc. Qty.) at the bottom

If you are buying 1000 shares but you want to disclose to the market that you are buying only 200 shares

You can enter 200 here and everyone will think that you are buying only 200 shares

After buying the share, as you go in the orders section

You can clearly see that I have bought 2 shares of ONGC at 78 Rupees

If the order is not executed yet then you will see it in pending orders

Then I will go to Portfolio and my orders will be there in Positions Column

Please notice the point that I have bought it in CNC in delivery

I mentioned at the start of the video that delivery shares will be in the Holdings column not in positions

And yes that is true. It will be there in Holdings from next day but it is in Positions for today

Because I can sell it on the same day if I want. It will be in holdings if I don't sell it on the same day.

For selling it, I will click on it and then I will click EXIT

When you click on EXIT, orders will be all the shares bought by you

But you can change quantity from here. I will change it to 1 as I want to sell only 1 share.

I also can choose different types of orders here. MARKET means the stock will be sold on the current market price

If I want to sell it at 100 the I can type 100 in the LIMIT option and place the order

But if the price doesn't hit 100 then my order will be canceled automatically at 3:30

Here you can place your Stop Loss Limit or Stop Loss Market order as we learned earlier

You can place BO or CO using the same strategy as discussed

But these orders can only be placed in Intraday Trading not in CNC

If you forget to sell it and want to sell it in next trading session then you can place AMO

You can also choose DAY or IOC option here and you can also set Disclosed Quantity

Let's discuss the GTT (Good Till Triggered) This is an amazing feature

Click on the ONGC and you will see the option of Create GTT

GTT means this order will be valid for 1 year and you can place 50 orders like this

All the orders which we discussed have validity until 3:30 If they are not executed till 3:30 then they get canceled.

But GTT order has a validity of 1 year. As the price of ONGC share is 78 now

Suppose you want to buy it at 40 (just an example)

You can enter 40 in Price. Let's enter 50 in trigger Price

This order will not be activated until the price hits 50 It will be activated once if the price hits 50

And when the price will hit 40 then the shares will be bought automatically for you

But If the order gets activated on 50 and price doesn't hit 40

Then your order will be canceled.

You can type your desired Quantity and then after clicking on I AGREE, your order will be placed

But it will be activated on trigger Price You can also place this order for selling the stocks

There are two options in Trigger Price - Single and OCO(One Cancels the other)

In the case of single, you can enter your desired sell price (suppose 150)

Let's enter 145 in Trigger Price just for example

When the stock will hit the trigger price of 145, it will be activated

Then if the price hits 150, shares will be sold

OCO means ONE CANCELS THE OTHER You can place a cab on the losing side as well

The current price is 78 and you want to sell it if it hits 60. So, enter 60 in Price Option

Let's type 65 in the trigger Price option

If this share goes up and hits 145, your order will be activated And this will be sold on 150

But if the share goes down from 78 then it will be activated on 65 and will be sold on 60

Although GTT order has a 1-year validity but it can get canceled in some cases

Suppose ONGC split its stock Then the 1 share of 78 may be changed in 2 shares of 39

Then your all entries like Stoploss, or cap on profit will be considered invalid and your GTT order will be canceled.

This will also be canceled if the stock hits only the trigger price and doesn't hit actual buying/selling price

That's how we place orders in ZERODHA Kite App

If you find it helpful then please like the video

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I am MANDEEP. Thanks for watching,......By