As a new Zerodha user or a new trader, for that matter, you can easily get confused about its trading platforms, usage, and features. This article deals with how to use Kite Zerodha. Stay tuned!
Like any stockbroker, Zerodha offers trading in stocks through its trading platforms namely – Zerodha Kite trading platform, Zerodha Kite Mobile App, and Zerodha Console.
Note that your Kite login is your Zerodha client id which is sent to you by Zerodha on your registered mail along with an initial password. If you do not receive it within the stipulated time, contact Zerodha Customer Care.
How To Use Zerodha Kite Mobile App?
If you are an existing customer of Zerodha then you must download its highly efficient mobile trading platform, Zerodha Kite.
No wonder the app brings trading in your fingertips. With lot of benefits like real-time data, and analysis of charts it offers somewhat unique experience to its customers.
But do you actually know how to make the best use of the app?
Well! if not, then no need to worry at all, as here we are with the step-by-step guide of using the app proficiently.
Here we go!
- Log in to Kite mobile by entering your Zerodha id and Zerodha Password. You will be asked to set up a PIN for authentication
- Once you enter and confirm the PIN, you will be directed to the “watchlist” section (you can have 5 watchlists at a time each of which can include up to 50 stocks and indices)
- You can add a particular stock to your watchlist by entering its initials/name in the search section and then clicking on the “+” option beside it
- You can club stocks together in the watchlist 1, indices in the watchlist 2, Derivatives (futures & options) in watchlist 3 as per your convenience
- For deleting a stock from your watchlist, press and hold on that particular stock tap the “delete icon” beside it and finally click on save
- The second section in the Kite mobile app is “orders” which contains “pending”, “executed”, and “GTT” segments
- As the name suggests, all your unexecuted/pending orders can be viewed in the “pending” segment, all executed/completed orders in the “executed” segment, and all delivery orders in the “GTT” segment.
- Good Till Triggered – GTT orders of Zerodha are used when a trader wants to invest in a stock and hold it rather than buy it immediately. It helps you in taking the position at the desired value and above all, there are no additional Zerodha GTT charges.
- The third section is “portfolio” where you can view your “holdings” and “positions”
- All your current holdings i.e. the stocks you have held for investment can be viewed under “holdings”
- Under “positions” you can view all your currently held positions in respective stocks
- The fourth section is “apps” wherein you can view and know about all the trading applications offered by Zerodha
- Here, you can not just explore multiple platforms and tutorials offered by the broker but also view the Zerodha apps you own/use
- The fifth and final section is “account”
- In this section, you can view/edit your profile details, change your app settings, add & withdraw funds as well as access your Zerodha Console
- Click on “funds” for Zerodha Fund Transfer to your trading account. Enter the transfer amount, select the payment option (Google Pay, UPI, Net Banking) and confirm the payment
- The process is similar for withdrawing funds from your Zerodha account to your bank account. Just enter the withdrawal amount and confirm the transaction. Make sure that the withdrawal amount does not exceed your account balance
How To Use the Zerodha Kite Web?
If you prefer trading on a laptop or desktop, use the KIte web which is Zerodha’s online trading website. Follow these steps:
- First, log in to the Kite web by visiting Kite.zerodha.com
- Enter your client id and password provided by Zerodha to do so. You can change the password in Zerodha Kite and can use the new reset password for login.
- Finally, enter your Zerodha trading PIN and you will be logged in
There’s a watchlist on the left side of your screen. Use it to view/analyze different stocks
- Zerodha allows up to 5 watchlists
- To add a new stock to your watchlist, enter the stock name/initials under “search”, click on that stock, and select the “+” icon. Choose among NSE and BSE for individual stocks
- Your added stock (on the watchlist) contains the “buy” option in blue color and the “sell” option in red
- If you wish to buy, click in the blue “buy” box and the stock’s buy window will appear at the bottom
Select the product type CNC and MIS in Zerodha Kite for delivery trade and day trading respectively.
- Now select the type of order you wish to place – market, limit, stop-loss limit, stop-loss market, and IOC in Zerodha.
- Enter the stop-loss or limit amounts if and where required
- Once you have filled in all the details click on “buy” and your order will be placed
- Make sure to square off your position before 3:20 pm if you select MIS at it is Zerodha’s square-off time for intraday trading
If you wish to view your order status, click on “Orders” from the top dashboard. It will show you the details of all open as well as executed orders
- If you wish to modify your open order, right-click on it (in the order book) and select “modify” from the drop-down menu
- Here you can modify the price as well as quantity
- You can also exit your open orders by right-clicking and selecting exit
Under the “Positions” dash-board, you can view your currently held positions as well as the order history
- If you wish to analyze the chart of a particular stock, go to your wishlist and click on the stock. The fourth icon on it is the charts
- Once the chart opens, you can select the “pop-out” icon on the top right to analyze it on certain time frames
- There’s an entire set of tools on the left side of the screen. You may use its various elements to mark/highlight something on the chart
You can use Kite web for both options as well as futures trading
Again, you may either use Kite’s web or mobile platform to place your “buy and “sell” orders.
To buy order using the Zerodha Kite app just login to the app and open the watchlist. Following this select stock and explore the entire details. Pick the product type as per the type of trade (Zerodha intraday trade or Delivery trade)you want to do and the order type (market order, stop loss, limit order etc). You can also select other order types like BO, CO, AMO etc.
The same procedure applies to the Kite web. It’s just that since the desktop has a bigger and better display, trading, charting, analyzing becomes much easier.
CNC stocks are intended for long-term investments. Hence, it is preferable to select “market” as the order type because no possibility can be predicted exactly for a longer span of time
Also, to be able to use and place orders on Zerodha Kite, you must have a Zerodha Demat Account or a Zerodha Trading account.
How to Short Sell in Zerodha App?
Everyone is aware that stock market trading is something where you buy at a low price and sell at a higher price. But do you know that you can do intraday trading in Zerodha by selling at a high price first and buying the share at a lower price later? This is called short selling.
Short selling in Zerodha can be simply done by logging in to the app and then following the steps below.
- Once log in, you need to find shares in a downtrend with at least 3-4% volatility and good liquidity.
- Add them to your Watchlist and click on the Sell button.
- Now enter the details in the trading window (quantity, order type, price, etc).
- Submit the order detail and confirm.
Later to square off the position, follow the steps below:
- Click on Positions.
- Tap on the share and then on the Buy button.
- Enter details.
- Submit and Confirm.
Bottom Line
If you able to use the Zerodha kite app and web then there is no doubt you would be able to reap the best experience of trading.
Note that both the Kite web and mobile is absolutely free for all Zerodha users/clients. We hope you are now clear about using the Kite trading platform. Happy investing!
Want to open the Demat Account,
More on Zerodha
zerodha and kite are same
what are the charges of gtt in zerodha kite
is there any problem in zerodha kite
is kite zerodha safe
difference between zerodha and kite
is zerodha kite good
is kite zerodha down
can i buy mutual funds on zerodha kite
can we install zerodha kite for pc
how can i download zerodha kite on my laptop
can i use zerodha kite for pc
can i buy ipo from zerodha kite
can i use zerodha kite for free
can i use zerodha kite for mutual funds
how can i complain to zerodha kite
how can i login to zerodha kite
how can i download zerodha kite app
dp id in zerodha kite
is kite and zerodha same
how to do intraday trading in zerodha kite
how to do sip in zerodha kite
how to do option trading in zerodha kite
how to do kyc in kite zerodha
how to do short selling in zerodha kite
how to do trading in zerodha kite
how to do intraday in zerodha kite app
how to do future trading in zerodha kite
how to do btst in zerodha kite
how to do commodity trading in zerodha kite app
how does kite zerodha work
what does event mean in zerodha kite
how to buy stock on zerodha kite
how kite zerodha works
how to add nominee in zerodha kite
how to use zerodha kite
how to buy sgb in zerodha kite
how to start sip in zerodha kite
how to buy bonds in zerodha kite
how to buy ipo in zerodha kite
how to add custom indicator in zerodha kite
how to download statement from kite zerodha
how to login kite zerodha
is kite zerodha free
is kite zerodha available for pc
what is kite zerodha
what is difference between zerodha kite and coin
what is zerodha kite app
what is client id in zerodha kite
what is auction in zerodha kite
kite should have stayed dead
should the kite runner be banned
kite zerodha how to use
was kite strong
was kite reborn
was kite reincarnated
what is zerodha kite
what is delivery margin in zerodha kite
what is zerodha kite and coin
what is type in kite zerodha
what is mobile app code in zerodha kite
what is user id in kite zerodha
when kite dies
when is kite day in india
when does kite come back to life
when does kite appear in hxh
where is kite support code in zerodha
where is ipo option in kite zerodha
is zerodha kite free
which kite size to buy
which kite is easiest to fly
which zerodha app is best
who developed zerodha kite
kite zerodha wiki
whose kite get struck by lightning
why zerodha kite is not working today
will kite come back
will kite come back to life
will kite be as strong as meruem
does kite come back alive
would kite have beaten pitou
could kite have been saved
could kite have beaten pitou
.jpg)
