Buying intraday shares in the Upstox app is a relatively simple process that can be done in just a few steps. Here’s a detailed guide on how to do it:
Step 1: Open the Upstox app and log in to your account.
Step 2: Tap on the “Search” icon in the top right corner of the screen.
Step 3: Enter the name of the stock you want to buy and tap on it.
Step 4: Tap on the “Trade” button.
Step 5: Select the “Intraday” order type.
Step 6: Enter the quantity of shares you want to buy and the price you want to buy them at.
Step 7: Tap on the “Review Order” button.
Step 8: Review the order details and tap on the “Place Order” button.
Step 9: Your order will be placed and you will be able to see it in your “Orders” tab.
Here are some additional tips for buying intraday shares in the Upstox app:
- Make sure you have enough funds in your trading account to cover the purchase of the shares.
- Be aware of the risks of intraday trading, which can be more volatile than delivery trading.
- Use stop-loss orders to limit your losses if the price of the stock moves against you.
- Monitor your orders closely and be prepared to exit your positions if the market conditions change.