The different types of trading accounts you can choose from include equity, commodity, online, offline, 2-in-1, 3-in-1, discount and full-service trading accounts. Each of these trading account types offers different features and benefits and is suited for different investors. Equity trading account: As the name suggests, using this you can only trade in listed stocks and their derivatives on exchanges like National Stock Exchange and BSE.
Commodity trading account: This can be used to trade in commodities like cotton, spices, cereals, metals, etc. on exchanges such as MCX and NCDEX, who deal primarily in commodities.
Offline account: Traders having this account can buy and sell securities by calling their broker or visiting their office to place orders. It is the traditional and cumbersome way of trading.
Online account: This requires placing orders via an app or computer. All you need is a decent internet connection. Trading is seamless and orders are placed instantaneously.
2-in-1 account: This integrates trading account and DEMAT account. The aim of 2-in-1 account is to ensure fast and seamless transfer of shares after a transaction.
3-in-1 account: This is usually offered by bank-based brokers as it integrates your bank, trading and DEMAT accounts. From debit of money to credit of money, entire trading cycle is seamless with this type account.
Discount broking accounts: This is considered no-frills account that may not have many services offered by full service accounts. The focus of this type of account is to reduce trading cost as much as possible.
Full service accounts: This account, along with trading, may also offer research, recommendation and other services.

The basic eligibility to open a trading account is as under

You need to be either a Resident Indian, a Non-Resident Indian (NRI), a Person of Indian Origin (PIO) or an Overseas Citizen of India (OCI).
You should be above 18 years old.
You should have a functional bank and DEMAT account to link to the trading account.
You should also have a valid ID and address proof documents and complete the required Know Your Customer (KYC) process.
If you check both these boxes, you will have complied with the eligibility criteria of trading account and can begin the process of opening the account.

Stock analysis basics can be broken into two broad categories: fundamental and technical.

Fundamental analysis refers to the study of the company’s annual report, financial ratios, quarterly performance, assets, liabilities, and so on. Analysts and investors look into the financial performance of a company to estimate how it may perform in the future and whether the company is being fairly valued by investors currently. Usually, financial analysis is used to make case for long term investments as any mispricing between a company’s market value and its intrinsic value may take time to be fully understood and for the stock price to adjust

On the other hand, technical analysis involves examining prices and volumes to determine future performance. Technical analysis assumes that all information in the market is factored into the price. It also assumes that the stock prices follow an established trend and patterns seen in the past. It is generally used by short term trader