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megapixel

Well-Known Member
Guys ,
In every scrip we see Open , High , Low , Close price


Can anyone tell me when this Open price starts ?

Does it open at pre-market session at 9 AM
OR
Does it open at 9.15 AM ?

I'm worried about the timing.
 
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GTji

Active Member
Guys ,
In every scrip we see Open , High , Low , Close price


Can anyone tell me when this Open price starts ?

Does it open at pre-market session at 9 AM
OR
Does it open at 9.15 AM ?

I'm worried about the timing.
The purpose of the pre-market session is to discover the opening price. So the real opening price for the day will be at 9:15 for NSE equities and derivatives.
 

megapixel

Well-Known Member
Is it possible to store traded stocks in my trading account in spite of taking delivery in demat account ??
Brother, as far as I know to deposit traded stocks you need a depository account i.e demat account. So this may not be possible .

By the way, how long you are planning to store your traded stocks ?

Anyway , Zerodha is the best person to answer your question.
 

megapixel

Well-Known Member
Hi Zerodha,

If I buy an Equity share with CNC BUY order and then do CNC SELL on the same day ..Will there be any demat charge ?


Please tell me if there is charge or risk involved in this type of trade.


The reason is , normally I like to do CNC BUY to get delivery . However if the market is good and if I find my target achieved on the same day then I wish to do CNC SELL on the same day to book profit. This will give back my fund early so that I can use the fund for next trade.

However ,I'm worried if there is any risk involved here.

please guide me


Thanks
MP
 
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Guys ,
In every scrip we see Open , High , Low , Close price


Can anyone tell me when this Open price starts ?

Does it open at pre-market session at 9 AM
OR
Does it open at 9.15 AM ?

I'm worried about the timing.
For the NIFTY 50 stocks which qualify for the pre-open session you can know the open price at exactly 9.07 AM. You can place buy/sell orders for the NIFTY 50 stocks(cash not F&O) during the pre-open session which starts at 9 AM. You can also modify or cancel any orders before 9.07 AM or after 9.15 AM, but not between 9.07 & 9.15 AM.

For eg;The Open price of ITC on 8-6-2012 was 236.75. Now during the pre-open session, say you had placed a buy order @ 230, a sell order @ 236.75 & another buy order @ 240(lets imagine mistakenly), then both your sell order @ 236.75 & buy order @ 240 will get executed at 9.07 AM. The buy order @ 240 will get executed @ 236.75, the open price.

Funny thing during the pre-open session especially if you are watching CNBC is, you get to see all sort of wild & weird prices(wide off the mark related to the previous day's closing price) quoted on the screen.

Detailed info here;

http://www.nseindia.com/live_market/dynaContent/live_watch/pre_open_market/PreOpen-October2010.pdf
 
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