1. Create your account
Go to winbannu.com and click Start your free trial. Register with a username, your mobile number and a password, or sign in with Google. Each mobile number can hold one account.
Every account starts with ₹10,00,000 of virtual cash and 7 days of every Pro feature free. No card, broker or demat account is needed.
2. Find your way around the screen
The watchlist on the left shows live prices for popular NSE and BSE stocks and the NIFTY, BANKNIFTY and SENSEX indices. Use the ALL, NSE, BSE and Index filters, or the search box to find any other listed stock. Click a symbol to load it.
The selected symbol's tabs run across the middle of the screen:
| Tab | What it's for |
|---|---|
| Chart & Trade | The price chart and the order panel for buying and selling stocks. |
| Indicators | Add moving averages, RSI, MACD, ATR and more to the chart. |
| Options Chain | Calls and puts for NIFTY, BANKNIFTY, SENSEX and stock options, with the Greeks. |
| Positions | Your open stock and option positions with live profit and loss. |
| Orders | Pending limit and stop orders, and stop-losses on your options. |
| Alerts | Get notified when a price crosses a level you choose. |
| News | Recent headlines for the selected stock. |
| History | Every trade you've made, with realised profit and loss. |
| Replay | Re-run a past trading day to practise when the market is closed. |
Along the top you'll find Pop-out chart to open the chart in its own window, Day/Night to switch themes, and Reset to start over with a fresh ₹10,00,000.
3. Place your first stock trade
Pick a stock
Click a large, liquid name such as Reliance, TCS or HDFC Bank in the watchlist.
Choose Market and a quantity
On Chart & Trade, keep the order type on Market and enter how many shares to buy. The panel shows the estimated cost.
Click Buy
The order fills straight away at the live price, and the shares appear under Positions.
Sell when you're done
Click Sell on the same stock, or Close on its row in Positions.
4. Limit and stop-loss orders
Switch the order type in the trade panel:
- Limit buys at your price or lower, or sells at your price or higher. Use it to enter at a level you've planned instead of chasing the market.
- Stop turns into a market order once the price trades through your stop price. A sell stop below the current price is a stop-loss.
To set a price, type it in, or click pick from chart and click the level on the chart. Pending orders show on the chart as lines and are listed in the Orders tab, where you can edit or cancel them. They fill automatically when the price is reached; you don't need to keep the tab open.
The quickest way to protect a stock you already hold: open Positions, click Stop-Loss on its row, then click your exit price on the chart.
5. Trade NIFTY options
NIFTY can't be bought as a stock; you trade it through options.
Open the options chain
Select NIFTY in the watchlist and open the Options Chain tab. Calls are on the left and puts on the right, with strikes in the middle. Choose an expiry at the top.
Click a premium
This opens the order ticket with the premium, Delta, Gamma, Theta, Vega and IV for that contract.
Choose lots and a stop-loss
Options trade in lots. One NIFTY lot is 65 units, so a ₹100 premium costs ₹6,500 per lot. Optionally enter a stop-loss premium: the ticket shows the most you'd lose if it's hit.
Buy or sell to open
- Buy to Open buys the option. Your maximum loss is the premium you pay.
- Sell to Open writes (shorts) the option. You receive the premium but margin is blocked, and losses can be much larger than the premium.
To exit, use Sell to Close or Buy to Close in the ticket, or Close/Cover in Positions. You can add or change a stop-loss later with the Stop-Loss button on the option's row in Positions; the position closes automatically when the premium reaches it.
New to option chains? Read how to read an options chain, with a NIFTY example.
6. Charts, indicators and drawing tools
- Switch timeframes with 1m, 5m, 15m, 1H and 1D, and change between candles and a line.
- Scroll or pinch to zoom, drag to pan, and click Fit to reset. Hover over a candle to see its open, high, low and close.
- Draw on the chart with H-Line, V-Line and Trend; remove drawings with Erase.
- Add moving averages, RSI, MACD, ATR and other studies from Indicators.
7. Track your positions and history
Positions shows each holding's average cost, last price, market value and live profit or loss, plus any stop-loss you've set. History lists every trade, including stop-losses that were hit, with realised profit or loss. Review it every week: it's the honest record of whether your approach works.
Want price notifications? In Alerts, set a target price and Winbannu tells you when it's crossed.
8. Practise outside market hours with Replay
Open Replay, pick any day from the last 30 days and click Start replay. The whole terminal goes back to that day's 9:15 AM open: prices, charts, indicators and the options chain all move as they did. You get a separate ₹10,00,000 practice balance, so your real portfolio isn't touched. Use Play, Pause and the speed buttons to control the clock.
Ready to place your first practice trade?
₹10,00,000 of virtual cash, live NSE and BSE prices and a 7-day free trial of every Pro feature.
Open WinbannuCommon questions
Why can't I place a trade?
Orders only go through during market hours (9:15 AM to 3:30 PM IST, Monday to Friday). You also need enough virtual cash, or margin for option selling. Outside market hours, try Replay.
Can I start over?
Yes. Click Reset at the top to go back to ₹10,00,000. This clears your positions, orders and history.
What does Pro include?
Limit and stop-loss orders, RSI, MACD and every chart timeframe, the options chain with live Greeks, search for any NSE or BSE stock, price alerts, the News tab and CSV export of your trades. Every new account gets all of it free for 7 days.
Are option prices the same as on the exchange?
They're calculated from the live index price with the Black-Scholes model, so they move realistically but won't exactly match the exchange's option quotes.
Where can I learn more about paper trading?
Read paper trading in India: how to practise without risking money.
Winbannu is a paper trading simulator for learning. No real money or securities are ever traded, and nothing here is investment advice.