Stock market is a platform where
buyers and sellers meet for exchange of securities and other
financial instruments. For investing in shares following are the easy
steps to be followed:
1. Register to issue a PAN card
PAN(Permanent Account Number) is a
unique ten digit alpha numeric code issued by Income Tax Department
to every tax payer. To begin with share trading having a pan card is
mandatory. It serves the purpose of identity proof as well.In our
country to enter in to any financial transaction having a PAN card is
must.
2. Choose an optimum broker
For buying or selling shares we can not
directly go to exchange . A representative registered and licensed
by SEBI(Security Exchange Board Of India) enable us to do us. They
are called brokers. Brokers can be individual or even online
agencies. Traders can save huge cost by choosing Discount Brokers
for brokerage services. This amount saved can be used for making
further investment in stock market and earn more profit.
3. Open Demat account & Trading
account
Demat account is account in which all
the shares you buy are electronically placed and removed when you
sell it. No physical existence of shares are there only in electronic
format they are stored in Demat account.Trading account is account
where capital required for trading is kept.All your transactions of
buying and selling will be reflected in these two accounts.
4. Get UIN number if planning for
big investment
Traders willing to make big investment
require Unique Identification Number. Small traders do no require
this. This is not a mandatory requirement.
Now how shares are actually traded
on exchange ?
For buying and selling of shares you
need to inform your broker. For an instance you want to buy 50 shares
of Mahindra & Mahindra Finance at its current market price. Then
you have to give these details that at what price and quantity you
want to buy this share. Similar will be the case if you want to sell
a particular share.Once you place your order you broker will keep you
updated with it.
Once the above discussed requirements
are completed you can easily begin with share trading. Making profit
here is not a big deal. A wise trading strategy is all required to
succeed.
Trade with Us in just Rs.1 per trade ..Lowest rate discount broker..!!
For more information visit :- www.pehlatrade.com or Missed Call @ 0731 - 2580888

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