Buy Low & Sell High. Very simple.!!
"GREED IS A CURSE IN STOCK MARKET"
If you are a beginner investor and if you are thinking to invest in stocks and it may seem like the journey of buying a stock is very complicated and because of this complicated journey, I need to understand about a lot of financial parameters.
But, did you know that if you are investing in stocks through ZERODHA, UPSTOX & you can buy any stock will be super smooth & fast and you can invest in your favourite stocks in a simple way.
Today's article is on the same and I will tell you how you can invest in any stock through ZERODHA, UPSTOX. The main part of the article will be explaining some very important points before buying any stock apart from that, how to use ZERODHA, UPSTOX platform to invest & I will explain in this article.
I will also explain how simple the journey is and how we have solved a lot of complexities in a simple way. So do read this article till the end if you are also thinking to invest in the stock market and If you are already investing in the stock market, you can also benefit from this article.
Because we have some features using which you can also make an informed decision before investing in any stock. Let's quickly start today's article.
First, what does it mean to 'buy a stock' of a company?
It means you are buying ownership in that company and after that, if you are buying any stock.
Suppose, you bought 10 stocks of Maruti Suzuki and these stocks come to your Demat account after you buy them and stays in your Demat account.
Now, what is a Demat account?
Demat account is just like a Bank Account. A bank account is used to keep money, similarly, Demat account is used to keep stocks. If you haven't started your investment journey, you will have to open an account, you will have to onboard on ZERODHA, UPSTOX
Coming to 'Onboard' the onboarding process used to be very complicated back then you had to sign on long papers and then courier them and after courier, it used to take around 2-3 days for your account to activate. The process was so complicated back then but nowadays it has become very simple.
Suppose today is trading day and at 10 am in the morning I decide to start investing in stocks. So, all you need do to start investing is Download the ZERODHA KITE App & UPSTOX PRO App.
After downloading and signing up, you have to upload all the important documents as mentioned and fill the important details and after that in the end, if your Mobile number is linked to Aadhar, you need to provide your Aadhar number and after that, you will receive an OTP on your linked mobile number after entering the OTP, your e sign will be done and your job is done.
Which means once your job is done, your account will be activated in a few minutes and as decided at 10 am, you can now buy any stock on the same day. So this is what I intended to say before starting the article that if you haven't opened your account yet, quickly get it opened and the further process, I will tell you detail that how you can buy or sell stocks here and will also explain how you can take an informed decision. As this question might pop up in your mind that even I start investing,
Which stock should I invest in?
I will try to answer this question and some points that can help you in making an informed decision. So, friends, once you create an account and open ZERODHA & UPSTOX website, you will see these details and you can see here the options to invest such as Mutual Funds & Stocks.
So, firstly, if talk about mutual funds, you can see some of the popular mutual funds in Zerodha Coin app or website. You can search for mutual fund and select the one in which you are planning to invest.
Now let's go to Stocks which is our main point of discussion. To invest in stocks, you can see all the details in the stocks page, that will give you a feel of the market so that you know what is going on in the market currently. If I talk about the main index, Nifty50 and Sensex, you can see the changes in website or App and know where Nifty50 and Sensex are trading right now and you can also see, who were the top gainers, top losers for the day and if you are interested in a particular sector, you can also directly click it and see the stocks there.
Suppose, if I want to check out the banking sector and banks under it. So, after clicking the banking sector and I will go to the banking sector where all the banks' information is there and from here we can select any stock to invest in.
Suppose, I come to this page and I find a Bank which is State Bank of India and I click on it after clicking in it, I land on SBI's product page & you can see there, on SBI's product page, you can first see the chart & you can convert it into candlestick, area chart, line chart. You should always use candlestick for chart analysis.
Then you if you want to know about the company's details, you can check the company details and as I say in my articles, all the important information. On the basis of which you decide whether to invest or not. If we talk about the banking sector, the P/B ratio is very important. So, you can see the market value, P/B and P/E ratio, EPS, Book value, all the details you can check out and we can also check out the profit and loss statements of the company.
If you want to check company revenue, interest income is very important in the banking sector, so basically you can see all the details & you can also check the details about the Balance sheet and cash flow, all the details that help you to make an informed decision about investing in the present day.
How to buy your first stock
Now suppose, if for purely educational purpose I explain to you how to invest and how to buy your first stock, buy any stock, you just have to enter the quantity of the stocks you wish to buy.
Suppose I want to buy a share of SBI, place the market order and I will enter quantity and will press buy directly and within a few seconds. My order will be fulfilled and If you want the intraday option, you can change it from delivery and by entering the quantity. You can make your position in intraday. So, here it is very simple to trade in intraday as well as in delivery.
For buy - entering a few details you can trade instantly and you can check out all the important details such as how much X leverage you will get if you do intraday in this stock. so it explains how to buy your preferred stock.
After buying. If I go to my investments, you can check what and all investments have been made. So as you can see all the stocks in holdings and all the stocks purchased.
You can also check out other details such as invested value, total returns and one-day returns and all the intraday positions. You can be checked out here so if you want to exit from your intraday position here. So you have to press the exit button and after that, you have to select 'sell' and after selecting sell, you can exit from your position by clicking this button, so the moment you exit from your intraday position, these will be graded out and the numbers will stop moving.
After intraday position, if you want to check what orders you have placed in the present day, you have to click here and after that, you have to go-to orders, you can see the orders you have placed, like the one which I have placed to explain you and bought an order of SBI, so here you can see all the details of your order such as what's the ZERODHA Account id and NSE order id.
you can track all the details from here. So, if I come to the details of my SBI holdings, I can see all the details here, such as what was my average price as I bought one stock to explain to you, so the average price was 195.60 and currently, it is trading at 196.25, so I can see one-day returns and total returns as well and these are my delivery positions that I had taken for the day and placed the order on NSE.
If I want to buy more order of this stock, I can directly buy one more stock from the same page itself, which is very simple!
so, friends, I only wanted to tell you that the entire process of buying and selling of the stocks is very simplified and you don't have to know about any financial parameters.
you can go to any stock directly and if you want to search for a specific one, you can search from here as you can see SBI here, you can go to the page and with minimal details such as how many stocks you want to buy with such details, you can hit the buy button and you can buy such stocks.
which means buying stocks is pretty simple and you need not know about any financial parameters and the entire journey is very simplified for you and which helps you in making an informed decision as we provide all the financial information about the stock on the same page so that you can do a complete research before buying any stock rather than speculation.
so, friends, today's articles were meant for purely educational purpose and we wanted to explain, how you can buy or sell any stock on ZERODHA and by now you must have understood that buying or selling of any stock is quite simple you don't have to get into any financial parameters...
your journey starts with the company you want to invest in and ZERODHA provides all the necessary details of that company, all the financial statements, company's past performance and after checking out all the details, you can take your decision and after you have decided, enter your quantity and with just one click you can add the required money and within seconds you can start your investment journey and after that, as I have explained about market order, limit order.
you can set the exchange from NSE to BSE and if you want to place the order in delivery, you can buy/sell in delivery, if you want to make position in intraday you can click on the delivery toggle which changes it to intraday, where you get extra leverage, so if you want to make position in intraday, you can do that also.
I have already told you in details how you can check all your holdings and how to track your positions and when you feel like your objective is fulfilled from your positions,, so in the right time you should square off from that position.
so friends, whatever stocks we have chosen for today's article is purely for educational purpose only we don't provide any recommendation to buy or sell any stock. I hope you have liked today's article and if you do then please comment and suggest the topic on which we should make an article On, if you haven't subscribed DEV INVEST NOTES BLOG yet, quickly hit the subscribe button, as we upload 3-4 articles on every week purely on educational purpose which can immensely help you in becoming an intelligent investor.
Happy Investing!
THANK YOU
Disclaimer: Friends, we don't recommend buying and selling of any stocks. Our articles are totally supported educational purpose.
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