NA

ATIONAL
L STOCK
K EXCHA
ANGE OF
F INDIA L
LIMITED
No
ovember 2011

HO
OW TO TRADE
T
NSE p
pazSaalaa is an educative tool that ssimulates livee market pricces in a virtu al environmeent that alloww
users to learn and un
nderstand th
he nuances o
of trading.

GETTI NG START
TED
REGIS
STRATION
N & LOGIN
N
1. NEW REG ISTRATION
N: Create a new user, by
b clicking on
o the link Register on
n the login page.
p
e of birth and
d mobile no.., as passwoord shall be revealed only on
Please provvide valid dettails for date
matching of details.
ON: Users n
need to activ
vate the acco
ount by clickiing on the lin
nk sent in the
e mail
2. ACCOUNT ACTIVATIO
o login succe
essfully.
to be able to
3. LOGIN: Aftter activation
n of the link, tthe user can login with th
he password sent to the mail
m id.
RD: You may
y change the
e password once
o
success
sfully loggedd in.
4. PASSWOR

INSTR
RUCTIONS
S
1. Each user account shall be provided ` 5,00,000 as virtual ca
ash.
2. Users can place
nts i.e. Equitty (CM), Derrivatives (F&
p
orders in 3 segmen
&O) and Currrency Deriva
atives
(CDS)
3. Users can place Market Orders & Lim
mit Orders.
4. Market orders shall be executed prom
mptly.
ecuted at the
e price enterred by the us
ser. A Buy oorder will gett executed if the
5. Limit orders will get exe
n or equal to the LTP and
d a Sell orde
er will get exeecuted if the limit price iss less
limit price is greater than
al to the LTP
than or equa
e to the Ord er Book. Users
U
can modify and caancel the order till the ord
der is
6. Limits orderss shall move
lying open in
n the order book.
7. Once the ord
der is executted the same
e shall move from open order book to position book.
b appropriatted for each position take
en by the use
er.
8. Cash shall be
all be blocke
ed and shall display as holding

value in
9. For Orders that are lying open, the amount sha
ummary
Account Su
ot place orde
ers for securrities more th
han the Cas
sh limit availaable after taking into acccount
10. Users canno
the orders pending for ex
xecution.
c
initiate
e a sell orde r without hav
ving holding positions.
11. Users also cannot

Page 1 of 8

12. If after placing an order, the order do

oes not appe
ear in the orrder book aftter 30 secs, please checck the
screen to
o view the sta
atus of the orrder.
13. Profit & Losss shall be ma
arked at the close of eac
ch position in CM and at eend of the da
ay on outstan
nding
derivatives positions.
p
14. Market Clos
se: At the en
nd of trading
g day, the virttual market shall
s
close annd outstanding positions shall
be carried fo
orward to the
e next trading
g date. Userrs can login the
t next day to begin trad
ding. The tim
mings
are as under:
Segment
Equity
Derivatives
Currency

Ope
en
9:15
5 am
9:15
5 am
9:00
0 am

Close
3:30 pm
3:30 pm
5:00 pm

USER NAVIGAT
TION
CREAT
TING A W ATCH LIS
ST
To start trading you need to set up a watch l ist to be able
e view the prrices of secuurities. A ma
ax of 30 secu
urities
added to 1 watch.
w
Only 1 watch is a
active at any point of time
e, hence to be able to monitor
m
the prices
p
can be a
the watcch should be Set as defa
ault.

STEP 1
1: SELECT
T CREATE
E WATCH L
LIST
Select th
he button appearing in th
he top row ass indicated in
n the screen shot below.

STEP 2
2: NAME THE
T
WATC
CH
Provide a name for the
t watch, th
hat does not ccontains spa
aces or special characters
rs. Click on Create.
C

ADDIN
NG SECUR
RITIES TO
O THE WAT
TCH LIST
STEP 1
1: ADD SE
ECURITIES
S
You can
n add securities immediattely after cre
eating a watc
ch list or you may add seecurities to th
he default watch
w
list by se
electing Add
d Scrips from
m the buttonss available in
n the top row
w. Select Eqquity for Cas
sh market, F
F&O
for Equ
uity Futures & Options and CDS for currency
y derivatives
s and interesst rate future
es. Interest Rate
Futures are available
e within CDS
S option.

Page 2 of 8

STEP 2
2: ADD TO
O MARKET
T WATCH
Securitie
es shall appe
ear in the deffault watch o
only after clic
cking on the Add

to Markket Watch button.

STEP 3
3: DELETE
E SECURIT
TIES FRO M MARKE T WATCH
Click on the securityy and the row
w shall get se
elected. Righ
ht click and select
s
the Reemove Scrip
p option to delete
d
urity from a watch
w
list.
the secu

TOGG LING BET

TWEEN WA
ATCHES
STEP 1
1: SET TO
O DEFAUL
LT TO VIEW
W LIVE PR
RICES.
User can
n create mulltiple of watc
ch lists. To cchange the default
d
watch
h list on the ppage, simply
y select the watch
w
list creatted from the table and se
elect the one
e desired. The
T selected watch row sshall appear banded. Clicck on
Set as d
default. To change, sele
ect another rrow and click
k Set as default. This alllows users to toggle betw
ween
watch lissts.

WATC H LIST VI EW
The defa
ault watch sh
hall appear in
n the left han
nd side of the
e page and shall
s
display tthe live price
es.

Page 3 of 8

Click on the headerss to sort in as

scending /de
escending ord
der.

FUNCT
TIONS AVA
AILABLE IN WATCH LIST
Select a row by clickking on it (the
e pointer arro
ow should dis
splay). After the row is seelected (shou
uld appear in
n
blue) rig
ght click on it to see the fo
ollowing optio
on
1.
2.
3.
4.

ove a securityy from the watch

w
list
Remove Scrrip : to Remo
Place Buy Order:
O
to plac
ce a Buy orde
er same as
s B in the watch
w
list.
Place Sell Order:
O
to plac
ce a Sell orde
er same as
s S in the watch
w
list.
Get Quote : to view the trade
t
informa
ation

dditional trad
M
page displays the ad
de informatio
on like Weighhted Average
e Price Volum
me
5. MBP : The MBP
and Trades for the securrity and the o
order book depth for Bestt 5 bids and offers. Scro
oll down to se
ee
t Market.
the best 5 biids/offers in the

Page 4 of 8

PLACI NG A BUY
Y ORDER
Placing an order ca
an be done by
b selecting the B / S against the security. B
B for Buy an
nd Sell for Sell.
an modify the
ancel the same. The staatus of each order appea
ars in
Once the order is placed, you ca
e order or ca
w
window. For derivative contracts the minimum qu
uantity is dis
splayed by ddefault, you may
m place orders
the
only in m
multiples of th
he same.

STEP 1
1: CLICK ON
O B IN THE WATC
CH LIST.
One can
n initiate onlyy buy orders for the 1st tim
me in the CM
M market

STEP 2
2: SELECT
T AN OPTIION
In price type 4 option
ns are availa
able
e a limit orde
er. You need
d to enter the
e price upto 2 decimal plaaces
a. Liimit: To place
Market: To pla
ace an order at the preva
ailing market rate. You will
w not be askked to enter the price.
b. M
c. SL-L : Stop Lo
oss Limit. To place an order where
e you can entter the price and place a trigger price
ower than the
e actual price
e to prevent tthe order from executing at loss.
lo

Page 5 of 8

d. SL M : Stop Loss - Mark

ket . To place
e an order at the market.. Here only tthe trigger prrice lower tha
an
th
he prevailing rate can be specified.

PLACI NG A SEL
LL ORDER
R
STEP 1
1: CLICK ON
O S IN THE WATC
CH LIST.
One can
n initiate sell orders in the
e CM markett only if one has
h buy positions in the ssecurity.

STEP 2
2: SELECT
T AN OPTIION
In price type 4 option
ns are availa
able
e a limit orde
er. You need
d to enter the
e price upto 2 decimal plaaces
a. Liimit: To place
Market: To pla
ace an order at the preva
ailing market rate. You will
w not be askked to enter the price.
b. M
c. SL-L : Stop Lo
oss Limit. To place an order where
e you can entter the price and place a trigger price
ce to prevent the order fro
om executing
g at loss.
hiigher than the actual pric
ket . To place
e an order at the market.. Here only tthe trigger prrice higher th
han
d. SL M : Stop Loss - Mark
he prevailing rate can be specified.
th

OPEN ORDER BOOK

B
The Ope
en Order boo
ok can be inv
voked from th
he below dis
splayed scree
en shot. Clicck on
Open orrder book.

icon
n to view the

The Ope
en Order boo
ok displays th
he status of e
e account. O
Open orders are
a available
e for
every order placed in the
modifica
ation or cancellation. Scrroll horizonta
ally to access
s the modifica
ation/cancelllation field in
n the page. You
Y
can mod
dify limit orde
ers to markett orders. Rejjected orders
s reasons are available inn the last column. Pleas
se
use the cancel/mod
dify option carefully,
c
as
s once clicke
ed the same
e cannot be reversed, and
a
mation is nott sought beffore proceed
ding. To sorrt the view click on the heeaders in the
e respective
confirm
column e
eg. Order No
o. or Order date.

Page 6 of 8

POSIT
TION BOO K
The possition book displays the positions
p
held
d by the acc
count holder.. The Positi on book reflects the hold
dings
of each security Bou
ught/Sold; it computes th
he Avg. Pric
ce and displa
ays the Markk to Market for
f each possition.
d and blue banding
b
indic
cates MTM profit (blue) or loss (red
d), which alloows users to
t know their net
The red
T BEP ind
dicates the Break-even price/point at which thee security sh
hould be bou
ught /
positionss upfront. The
sold to e
earn a profit.. Net Value column disp
plays the tota
al holding. A positive poosition indica
ates cash in
nflow
and the negative possition indicates cash ou
utflow.

ACCO UNT SUM

MMARY
The Acccount Summa
ary updates when your p
position book
k value chang
ges. On execcution of an order
o
in the Cash
C
market tthe amount is displayed
d as Holding
g Value. For
F positions
s in derivativves like F&O
O or currencyy the
same is shown as Margin
M
value. Profit/Loss a
arising from squaring-up a position iss reflected un
nder Gain/L
Loss.
uaring off the
e position the
e net MTM, rresults in a lo
oss the amount shall be deducted fro
om the Avaiilable
If by squ
Funds, if the same
e results in Profit the a
additional fun
nds shall be
e added to the Availab
ble Funds. The
e funds is the
e clear amou
unt available for placing orders.
o
available

Page 7 of 8

OTHER
RS
Use the below mentiioned icons for
f the follow
wing functions
s

1. Feedback click to write

e to us
2. To access th
he Help on how to trade
e with NSE paathshaala.
p
3. To go to the login page.

Telepho
one No
022-265
598292

Fa
ax No
-

Email id
nseonline@
@nse.co.in
Page 8 of 8