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Foundation2 weeks · 6 sessions

How the Indian Market Actually Works

Before a single chart — what NSE and BSE are, how an order becomes a trade, and where your money actually goes.

Prerequisites: None. Start here if you have never opened a demat account.

Explain the path of an order from your broker's app to the exchange order book

Read a market depth (Level 2) window without confusion

Understand T+1 settlement, circuit filters, and why some stocks freeze mid-session

Know what the ASM and GSM lists are and why a stock lands on them

Session by session

What's covered in class

1

NSE, BSE, and who actually sets the price

50 min

Exchanges, order matching, and the myth of a single 'market price'.

2

Demat, trading account, and the settlement cycle

45 min

T+1 settlement, DP charges, and where your shares actually sit.

3

Order types that matter

55 min

Market, limit, SL, SL-M — and the order type mistake beginners make most.

4

Reading market depth

50 min

Bid-ask, order book imbalance, and what a thin depth is warning you about.

5

Circuits, ASM, GSM and surveillance

45 min

Why a stock freezes, what a surveillance stage means, and how to check before you buy.

6

Indices: Nifty 50, Bank Nifty, Sensex

50 min

How an index is built, why it moves, and what tracking an index actually means.

Sample lesson — Order types that matter

Most new traders use a market order for everything, then wonder why their fill price was worse than the number on screen — especially in a stock with a wide bid-ask spread.

A market order says: fill me now, at whatever price is available. A limit order says: fill me only at this price or better. In a liquid stock like Reliance, the difference rarely matters. In a mid-cap with a ₹2 spread, it can cost you real money on entry alone.

The order type beginners get wrong most often is the stop-loss. A plain SL order becomes a market order once triggered — in a fast-falling stock, it can fill 3–4% below where you intended. An SL-M avoids the limit-price trap but not the slippage. We'll cover exactly when each is appropriate in class 3.

This is taught in our offline classroom

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