How to do a better margin trading..
Hi All,
I am new in the world of Share Trading, doing with ICICI Direct. Can any one tell me what is the meaning of below underlined. Which is written on iCLICK-2-GAIN
Margin :IFCI CMP 113.8 Target 115 and 116 StopLoss 111.1
Please any one tell me in details how can I place buy order matching with above details. Like.
What is CMP??
How Target can be decided? Do I need to fill some where this target.??
Why there is 2 targets??
how to use stoploss??
now I am purchasing either on market or limit and doing square off with limit details. I am not using Disclosed Quantity : and Stop Loss Trigger Price: (don't know how/why to use) in either selling or Buying.
Am I doing wrong.
Thanks all gurus for their time..
Regards,
Mukund