ICICI Direct Equity

ICICI Direct provides trading platforms for traders and investors to trade and invest in stocks, respectively. ICICI Direct equity trading can be done easily after opening an account with them.

ICICI Direct also provides equity research reports to its clients to make better investment decisions.

They offer a 3 – in – 1 account (a Demat account, trading account, as well as a banking account) with the help of which anyone can trade in the equities segment, and also their account is known to be one of the best 3-in-1 accounts in India.

ICICI Direct equity trading and investing can be done through their trading platform, which is equipped with the latest technology to give users a better experience.

ICICI Direct Equity Trading Products

There are several ways through which the ICICI Direct equity segment can be used for making transactions in these stocks. Let us discuss below the most common ways to do ICICI Direct equity trading:

1) Trading With Cash – This is the most commonly used trading system. Usually, investors or traders buy stocks to take their delivery and generally do not square off the trade within the same trading day. 

2) Margin Product –  Intraday traders can use three or four times the actual funds available in their account for trading. In addition, Traders can take long as well as short positions in stocks or indices using this leverage.

3) Margin Plus Product – This system is also used by intraday traders where they buy or sell stocks or indices and square off their positions on the same settlement day. They can use up to 25 times the actual funds available in their account for trading.

4) Cash and Trade System – This facility of ICICI Direct equity trading is available in 11 states of India. If you are a resident of the state in which this facility is available, you can make several trades through their call and trade number.

You may choose to perform option trading on the Equity product with ICICI Direct. However, make sure you understand that ICICI Direct Option Brokerage and other related charges in this segment.

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ICICI Direct Equity Order Types

You can place different types of orders while doing ICICI Direct equity trading. The most common types of orders that can be placed using ICICI Direct equity trading platform are discussed here –

1) Market Order – This order is placed when a trader wants to take a long or short position exactly at the price that is there in the market instantly. These orders generally get executed within a second in the market.

2) Limit Order – This order is placed when a trader wants to take a long or short position at a price defined by him/her while placing the order.

3) Stop Loss Order – This order is placed while giving instructions for the trade to happen. This type of order needs a predefined stop-loss price to be mentioned in the order.

The stop-loss price mentioned in the order is the exact price at which the trade gets squared off if the market starts to move in an unfavorable direction according to the trade set up by the trader.

4) Basket Order –  The orders can be placed for more than one script at the same time. Orders can be created for the same script or different ones and are clubbed together, which can be placed in one go.

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ICICI Direct Equity Research Reports

Other than availing the features of the trading platform, traders or investors can also use ICICI Direct equity research reports to study different scripts.

The selection of stocks in which an investor wants to invest for a medium to long term becomes easier with the help of these reports.

Traders can also use specific ICICI Direct equity research reports that are based on technical analysis to spot trading opportunities in the stock market. 

ICICI Direct makes different kinds of recommendations to the client based on these reports. There are two different categories of recommendations which can be accessed through their website –

1) Trading Recommendations – Different kinds of recommendations are provided for trading in stocks based on different parameters like the momentum of the stock, support, resistance levels, and also stocks that are on the move, etc.

They offer a detailed technical analysis of stocks using technical charts as well as the common technical indicators to find value stocks. 

Further, they give strategies to trade based on trends, recent news, etc. in the futures and options segment too.

They also recommend stocks for derivatives trading. Their Derivative Strategy recommendations are useful in getting to know different approaches and techniques that can be built on derivatives to make more returns from the stock market.

These are especially useful for beginners or traders who want to try different strategies in the market. Some of the examples are spreads and covered calls.

They also provide a filter on their website through which you can filter some stocks based on the predefined fields that are provided there. Some of these fields are the name of the industry, market capitalization, key field, etc.

2) Investment Recommendations – These investment recommendations are made based on fundamental analysis of stocks and macroeconomic as well as microeconomic conditions of the markets in India and the world.

Their recommendations come under different categories. Some of them are mentioned below –

a) Gladiator Stocks – These stocks are recommended twice a month. Outperforming stocks and underperforming stocks are identified in relation to the Nifty. This ICICI Direct equity research product also gives positional calls to be taken in different stocks as well as indices.

b) Direct Instinct – These are stocks with excellent fundamentals, which are also showing a good trend.

c) Nano Nivesh – This ICICI Direct equity research product recommends stocks based on the business model of the company and its prospects into the current economic conditions.

d) Equity Model Portfolio – This recommendation gives the clients a portfolio as per their risk-taking abilities. The portfolio can consist of companies of different capitalization categories like large-cap, small-cap, etc.

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ICICI Direct Equity SIP

ICICI Direct SIP or ICICI Direct SEP ( systematic equity plan) is a platform where shareholders use a systematic approach for investment in equity. 

Equity Sip or Systematic Equity Plan (SEP) is an ideal approach to contribute to average your equity assets. This kind of venture is for the long term. 

How to invest in equity SIP with ICICI Direct? 

Here are a few steps to Invest in SEP or Equity SIP with ICICIDirect are as follows: 

• Login to ICICI Direct 

• Under Equity Menu – click on Systematic Equity Plan. 

• Put in a request by including required frequency, script, sum, etc.

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ICICI Direct Equity Margin

Margin is an item offered for intraday exchanging. The required margin is as low as 2% of the exchange value. It additionally permits you the adaptability of changing over the intraday exchange to a delivery exchange. 

the required margin is as low as 2% of the 

Thus, if you anticipate more benefits in your position, at that point, you can change over it to delivery. Also, you can save the stocks for as long as you wish.

ICICI Direct Margin Calculator is an online device that will help you calculate Exposure given by ICICI Direct to various portions like Intraday, Delivery, F&O, Currency, and Commodity. 

With the assistance of this online instrument, you will have the option to calculate ICICI Direct Margin funding and can also calculate the complete sum of surplus shares that can be purchased with the extra leverage given by the stock dealer. 

Here are the Margin or Exposure provided by ICICI Direct for all portions are as follows: 

 

Delivery Exposure provides up to 1x leverage, whereas Intraday Margin has up to 5x leverage. 

Currency leverage provides 4X exposure for Futures and 1x for options while the Commodity margin provides a 3x margin. 

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ICICI Direct Brokerage Charges

A brokerage expense is a fee charged by a representative to execute exchanges or provide special facilities. Dealers charge brokerage expenses for administrations like sales, equity options, futures, and delivery.

Here in this table, a detail about ICICI direct brokerage charges is given below: 

 

For better understanding refer to ICICI Direct Brokerage Calculator. 

If a customer needs to exchange equity delivery, then he needs to pay 0.55% as financier charges. The brokerage charges for equity Intraday, equity futures, and money fates lie between 0.03%-0.05% individually. 

For equity options, financier charges are Rs. 35-Rs. 95 for each lot.

ICICI Direct offers specials brokerage plans to its customers that are ;

• I-secure plan  
• I-Saver Plan 

I-Secure Plan: In this, the brokerage expense for equity delivery is 0.55%, and for equity, Futures are 0.5%. 0.028% of brokerage charges are for equity intraday. 

I-Saver Plan: Brokerage expense for equity delivery and equity intraday is 0.75% to 0.25%; for equity futures, its 0.05% and for equity options its Rs. 95 to Rs. 65 per lot, respectively.

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ICICI Direct Equity Delivery Charges 

Equity delivery is one of the means in which you can exchange in the stock market. Inequity delivery, you get a few offers and hold them for quite a while in your Demat account.

The charges for the ICICI Direct Delivery Trading are minimal over the normal in the market. It is 0.55% of the exchange amount. 

For the delivery section, all organizations charge higher brokerage in comparison with the other sections, and there are some which charge no brokerage for this section. 

 

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Is ICICI Direct Good for Trading? 

ICICI Direct equity trading can be done by opening an account with them. You can avail the benefit of seamless trading by downloading the mobile or desktop app.

Apart from this, the broker offers a web app that makes it easy for traders to trade efficiently across different segments. Being a full-service stockbroker, you can trade-in equity delivery and intraday by considering the top-notch research tips and advice thus multiplying your profits and returns.

The broker also offers you the ICICI Direct NEO Plan that offers you to trade in volume at the least brokerage charges. Thus you can reap multiple benefits in one package with ICICI Demat Account opening.

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Want to open a Demat Account? Please refer to the below form:

 

 

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