{"id":69,"date":"2021-05-24T17:18:32","date_gmt":"2021-05-24T17:18:32","guid":{"rendered":"https:\/\/www.learnstockmarket.in\/brokers\/?p=69"},"modified":"2021-05-24T17:18:53","modified_gmt":"2021-05-24T17:18:53","slug":"buy-shares-long-term","status":"publish","type":"post","link":"https:\/\/www.learnstockmarket.in\/brokers\/zerodha\/buy-shares-long-term\/","title":{"rendered":"How to buy shares on Zerodha For Long Term"},"content":{"rendered":"\n<p>If you do not know how to buy shares on Zerodha, you are at the right place. In this quick tutorial, we will guide you through the process of buying shares for the first time on Zerodha.<\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color\"><strong>How to buy shares on Zerodha from Desktop or Laptop browser:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>Visit <a href=\"https:\/\/kite.zerodha.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Kite.Zerodha.com<\/a>.<\/li><li>Login with your Username and Password.<\/li><li>Type the name of the company you want to buy in the \u2018Watchlist\u2019 on the left side.<\/li><\/ol>\n\n\n\n<p>For example, if you wish to buy shares of \u2018Reliance Industries\u2019, type the name and click on \u2018B\u2019.<\/p>\n\n\n\n<p>It should look something like this:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Add-Shares-to-Zerodha.png\" alt=\"Add Shares to Zerodha\" class=\"wp-image-70\" width=\"275\" height=\"75\" srcset=\"https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Add-Shares-to-Zerodha.png 550w, https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Add-Shares-to-Zerodha-300x82.png 300w\" sizes=\"auto, (max-width: 275px) 100vw, 275px\" \/><\/figure><\/div>\n\n\n\n<p>As soon as you click on &#8216;Buy&#8217;, one box will open. Here, you need to enter the number of shares you want to buy.<\/p>\n\n\n\n<p>That \u2018Buy\u2019 box will look like this:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-in-Zerodha.png\" alt=\"Buy Shares in Zerodha\" class=\"wp-image-71\" width=\"918\" height=\"658\" srcset=\"https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-in-Zerodha.png 918w, https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-in-Zerodha-300x215.png 300w, https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-in-Zerodha-768x550.png 768w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n\n\n\n<p>Let\u2019s understand the contents in the image above:<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>At the top of the box, you can select the exchange: BSE or NSE.<\/li><li>\u2018Regular order\u2019 is already selected, don\u2019t change it.<\/li><li>Intraday (MIS): If you wish to buy the shares and sell it on the same day, then select this option. It is for day-traders, who buy and sell on the same day.<\/li><li>Long Term (CNC): If you wish to buy and keep the shares with you for more than one day, then select this option.<\/li><li>Qty is Quantity: Enter the number of shares you want to buy.<\/li><li>Then there is an option called \u2018Market\u2019. Select this if you want to buy the share at current market price.<\/li><li>The other option is \u2018Limit\u2019. If you select this, you need to set the price.<\/li><li>For example, if the current market price of Reliance is \u20b9 2000 and you want to buy it at \u20b9 1990, you need to select \u2018Limit\u2019 and enter 1990. If you want to buy it at around \u20b9 2000 itself, then select \u2018Market\u2019.<\/li><li>At the bottom of the box, you will find the \u2018Margin Required\u2019 number. This means, if you want to buy one share of Reliance for long term, then you need to have that many funds already deposited into your trading account.<\/li><li>After this, click on \u2018Buy\u2019.<\/li><\/ol>\n\n\n\n<p>You can now go to the \u2018Orders\u2019 tab and check if your order has been successful or not. If you have enough funds deposited, your order will be successful. Otherwise, you will get an error message.<\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color\"><strong>How to buy shares on Zerodha from Mobile Phone:<\/strong><\/p>\n\n\n\n<p>The process is similar to what has already been mentioned above. The user interface is slightly different on the Zerodha Kite Mobile App.<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>If you are a new user, download and install the \u2018Kite\u2019 app from the <a rel=\"noreferrer noopener\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.zerodha.kite3&amp;hl=en_IN&amp;gl=US\" target=\"_blank\">Android Play Store<\/a> or <a rel=\"noreferrer noopener\" href=\"https:\/\/apps.apple.com\/in\/app\/kite-zerodha\/id1449453802\" target=\"_blank\">iOS App Store<\/a>.<\/li><li>Next, login with your Username and Password.<\/li><li>The first screen itself is the \u2018Watchlist\u2019.<\/li><li>In \u2018Search &amp; Add\u2019 type the name of the company. For example; Asian Paints.<\/li><li>The name of the company should display below, click on it.<\/li><li>Now, at the bottom of the screen, you should get the option to \u2018Buy\u2019 or \u2018Sell\u2019.<\/li><li>Click on Buy.<\/li><\/ol>\n\n\n\n<p>Now, your screen should look like this:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"1261\" src=\"https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-on-Zerodha-Long-Term.png\" alt=\"Buy Shares on Zerodha Long Term\" class=\"wp-image-73\" srcset=\"https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-on-Zerodha-Long-Term.png 700w, https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-on-Zerodha-Long-Term-167x300.png 167w, https:\/\/www.learnstockmarket.in\/brokers\/wp-content\/uploads\/2021\/05\/Buy-Shares-on-Zerodha-Long-Term-568x1024.png 568w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/figure><\/div>\n\n\n\n<p>After this, you need to fill in the other details:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>NSE (National Stock Exchange) or BSE (Bombay Stock Exchange).<\/li><li>Quantity: Enter the number of shares you want to buy.<\/li><li>CNC is Cash and Carry: This means you buy the stocks for long term (more than one day).<\/li><li>MIS is for intraday trades &#8211; you buy and sell your shares on the same day.<\/li><li>\u2018Market\u2019 order is when you want to buy at current market price.<\/li><li>\u2018Limit\u2019 order is when you want to set a lower price to buy.<\/li><li>Swipe to Buy.<\/li><\/ul>\n\n\n\n<p>Go to the \u2018Order\u2019 tab at the bottom of the screen. If you had funds in your Zerodha account, it should show that the order has been successful.<\/p>\n\n\n\n<p>That\u2019s it.<\/p>\n\n\n\n<p>The process is simple. However, make sure you choose the correct option between \u2018MIS\u2019 and \u2018CNC\u2019. Most people want to buy shares and hold it for a long time in their demat accounts. The option \u2018CNC\u2019 should be selected.<\/p>\n\n\n\n<p>Only if you want to buy and sell your shares on the same day \u2013 which is also called Intraday or Day Trading \u2013 you need to select the \u2018MIS\u2019 option.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you do not know how to buy shares on Zerodha, you are at the right place. In this quick tutorial, we will guide you through the process of buying shares for the first time on Zerodha. How to buy shares on Zerodha from Desktop or Laptop browser: Visit Kite.Zerodha.com. Login with your Username and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zerodha","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":1,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"predecessor-version":[{"id":74,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/posts\/69\/revisions\/74"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/media\/71"}],"wp:attachment":[{"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnstockmarket.in\/brokers\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}