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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4831 Posted: Wed Aug 29, 2012 9:36 pm Post subject: |
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rk_a2003 wrote: | vinay28 wrote: | brokerage of 20 per trade, any quantity? Not possible. Pl check with your broker before you get a shock |
True Vinay, It's discount brokerage.'Zerodha' offering it from the past two years .You sell 1000 nifty lots in one single order and buy 1000 lots in another single order still you will be charged 20/- per trade i.e 40/- for the above trades as brokerage.Now even some other competitors are offering flat monthly charges around 2000+ for unlimited trades. |
Yeh, most of them ask a fix sum of deposit which will be adjusted with your brokerage on per month basis and they demand a minimum a figure to be adjusted. Zerodha has the best package I have seen so far. It's transaction charges for future trades are a bit high and come near what STT is charged. |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #4832 Posted: Wed Aug 29, 2012 9:44 pm Post subject: |
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apka wrote: | rk_a2003 wrote: | vinay28 wrote: | brokerage of 20 per trade, any quantity? Not possible. Pl check with your broker before you get a shock |
True Vinay, It's discount brokerage.'Zerodha' offering it from the past two years .You sell 1000 nifty lots in one single order and buy 1000 lots in another single order still you will be charged 20/- per trade i.e 40/- for the above trades as brokerage.Now even some other competitors are offering flat monthly charges around 2000+ for unlimited trades. |
Yeh, most of them ask a fix sum of deposit which will be adjusted with your brokerage on per month basis and they demand a minimum a figure to be adjusted. Zerodha has the best package I have seen so far. It's transaction charges for future trades are a bit high and come near what STT is charged. |
Is transaction charge is different from broker to broker? Are they at liberty to charge it at their will? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #4833 Posted: Wed Aug 29, 2012 9:48 pm Post subject: |
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even for options?
By the way saumya, if yu are willing to gamble again ( )buy 5300 CE/PE tmrw morning immediately upon open. NF closed at 5296.60. Even if it moves by 25 points either way, you will make good net gain, of course provided it doesn't open up/down with a big gap.
Expiry has been flat for many months and I feel tmrw may be highly volatile. I feel 5210 on down side and 5350 on upside are possibilities. I am hoping both. I also feel a violent drop is possible intraday taking cue from sgxnifty. What a wishful thinking! |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4834 Posted: Wed Aug 29, 2012 10:05 pm Post subject: |
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rk_a2003 wrote: |
Is transaction charge is different from broker to broker? Are they at liberty to charge it at their will? |
yeh |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #4835 Posted: Wed Aug 29, 2012 10:08 pm Post subject: |
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vinay28 wrote: | even for options?
By the way saumya, if yu are willing to gamble again ( )buy 5300 CE/PE tmrw morning immediately upon open. NF closed at 5296.60. Even if it moves by 25 points either way, you will make good net gain, of course provided it doesn't open up/down with a big gap.
Expiry has been flat for many months and I feel tmrw may be highly volatile. I feel 5210 on down side and 5350 on upside are possibilities. I am hoping both. I also feel a violent drop is possible intraday taking cue from sgxnifty. What a wishful thinking! |
Yes even for options,and one more thing I observed that they are charging all charges on actual option value not on underlying Nifty value( which is considered by other brokers).Trading options with zerodha is attractive.
Nifty opening flat,Buying 100 5300 CE/PE and later it's making wild moves from 5210 to 5350... covering PE near 5210 and CE near 5350 May be I need to increase the quantity to 1000 then I can go for a long vacation.....
Last edited by rk_a2003 on Thu Aug 30, 2012 4:23 pm; edited 2 times in total |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #4836 Posted: Wed Aug 29, 2012 10:10 pm Post subject: |
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go for it boy! |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4837 Posted: Wed Aug 29, 2012 10:11 pm Post subject: |
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vinay28 wrote: | even for options? |
yes, actually its best for options. U buy 5300ce @ 24 1000qty and sell it at 25. You get rs.1000. Out of which round about only rs.200 will be ur total cost for both buy n sell inclusive. So u get near rs.800 approx net profit.
It gets tempting trying to use it to earn quick 2-3k, but very good if u r sure of the points from where nifty u expect to fall or bounce. U need not wait for ur beakeven point as other brojerage houses chrge per lot.
The more the qty the better ur earning is with zerodha. Check its calculator given on its website and compare the chrges fron ur existing brokers statement. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4838 Posted: Thu Aug 30, 2012 10:13 am Post subject: |
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Market is trading around 5256 at this point of time. A few levels to watch on the downside now are 5250 and 5239. A break below 5239 will push the market to 5223-5227 range, where it has considerable support. On the upside, levels around 5275 and 5289 will offer resistance during today's trade. Major resistance for the market is still in the range 5312-5332 range. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #4839 Posted: Thu Aug 30, 2012 10:31 am Post subject: |
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Good Morning to all friends.
Today got late.
It seems market may move some points on the upside, now. Looks like forming an Inverted H&S
Vinay, I bought 500 5300CE @ 3.00 Thanks for your advice.
vinay28 wrote: | even for options?
By the way saumya, if yu are willing to gamble again ( )buy 5300 CE/PE tmrw morning immediately upon open. NF closed at 5296.60. Even if it moves by 25 points either way, you will make good net gain, of course provided it doesn't open up/down with a big gap. |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #4840 Posted: Thu Aug 30, 2012 12:37 pm Post subject: |
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Where lies the expiry? are we going to boom boom past 5300 or a thump down to 5200 level? |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #4841 Posted: Thu Aug 30, 2012 12:42 pm Post subject: |
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taxmann: you forgot to add 3rd alternative: jhak maro at 5270 and fully TAX our patience. Prakash Holla |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #4842 Posted: Thu Aug 30, 2012 12:43 pm Post subject: |
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pkholla wrote: | taxmann: you forgot to add 3rd alternative: jhak maro at 5270 and fully TAX our patience. Prakash Holla |
kya chuna laga raha hai, |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #4843 Posted: Thu Aug 30, 2012 12:57 pm Post subject: |
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Again trying to move upward to fill the morning gap, if filled the level will be around 5283 which is the resistance level of KUMO top (senkou span B level) in 5M TF, once closes above it, nifty can move upwards further. Let us wait and see till kumo level.
It should fill gap at least, as for a downward journey of Nifty leaving gap is not good. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #4844 Posted: Thu Aug 30, 2012 3:10 pm Post subject: |
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Saumya 12: your CE 5300 touched Rs 7.15 at 1328, Rs 6.6 at 1427. Hope u cashed in at least partially. Now shooting up. Congrats, Prakash Holla
Last edited by pkholla on Thu Aug 30, 2012 3:22 pm; edited 1 time in total |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #4845 Posted: Thu Aug 30, 2012 3:12 pm Post subject: |
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Will it be 5350? |
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