right investment discussions i.e about shares/gold/property etc
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dealmate wrote:
@chi bro
How about opening demat account in Kodak bank
Please advice since i am newbie to trade i just want to start of sell/buy trade..
Which account will suit me..
I usually prefer banks because i guess fund transfer and money got by selling stocks will be easy to accumlate within one bank unlike other brokers..
also enlighten with the basics ,charges and which demat allows free maintainence charges without annual fees..
tell me more about stocks and commision taken..how to get profit out of them…
banks and trading account should not be mixed ideally thinking hdfc, sbi, icici, axis, idbi or kotak will provide service a share broker can give. duty and price given by broker can never match that of banks and brokers can’t do what banks do for you. opening trading cum demat with banks is highly expensive and should not be prefered. however kotak is one of the leading broker of india and is completely different body than it’s bank. they have some competetive charges and good trading software called keat, better customer care and nice online trading site. kotak has money transfered linked with most banks and sevres purpose. one can opt it but you have to a)bargain for charges and b) pay in advance the amount that will be deducted as brokerage.
now very important point for anyone who want to open a demat cum trading account. guys never get bluffed by advance brokerage schemes if you arne’t active trader. you generally end in paying 10-100 times extra. for example if you are asked for account rs 5000 and told charges would be 0.2% and .02% resp for delivery and intraday, to consume 5000 in intraday you’ve to buy and sell shares worth 2,50,00,000 i.e. 2 crores and fifty lacs. or take delivery of shares worth 25 lacs. generally such offers are for 6 month duration. if you don’t consume your money will be forfieted. moreover in cut-throat envirnment many brokers are giving such prices without any advance brokerage scheme. so avoid getting trapped in lucrative offers. in such case the lower the brokerage offered the higher chance your money will elapse without use.
coming back to kotak. if you are non-active and just want to buy and sell i would recommend an offline account with them. only differene in this account is here you don’t have advantage to buy and sell on your computer but you can do that by visiting kotak office or by phone call or emailing them. the charges are same as online account and comes with no annual charges. for online account you have to bargain for brokerage and generally kotak’s sales team is shrewed enough to mint money from you by giving very confusing yet seems to be lucrative offer. thing you should know is instead of brokerage offered check how much you pay for it and does this amount worth what you get? for example you can get 0.2% and 0.02% intraday at either 5000 advance brokerage which i already given above is way to loot unaware people or pay anywhere from 10000 to 50000 as advance, some shares as deposit that will be transfered in your new demat. your amount can be withdrawn once account is opened which takes 15 days to a month so you end up getting no interest on this amount. i would again advice to go for zerodha as they are only guys who have zero rules while opening account and have all terms given on table, no hidden cost/policy/any bullshit. i’ve account at zerodha and i get alomst 50 bucks daily as interest from mutual funds. it’s about how you manage money. i’ve kept all my readily available cash about 1 lac 70 thousand in liquid/debt funds and get approx 0.03% everyday. i get money next day on redemption so why put money in fd for a fixed period or bank for low rate. for shares i can use margin buying and selling which is 10 times money i have in zerodha account so if i have 30k i can trade for 3lacs intraday.
it is really amusing to see people make fund transfer as requirement for trading account. almost all brokers gives same day to next day transfer and almost all have tie-up with various banks where one can get instant return of money. in zerodha case it can be done with axis or hdfc. a broker should be choosen for high software speed, low brokerage, good and instant customer support and no hidden charges. i would request you to check the customer support number with any broker you want to open account, almost all have toll free number and see waiting period. in time of need all you get to hear is your call is important to us please be on line.
most of the brokers take annual charges and those who don’t they take money either way like higher brokerage or sofware charges etc. and finally how to take profit, i would say sell high and buy low. if you buy something for 100 and it goes to 90 you keep waiting for it to come back at 100 and gradually it goes to 80-70-60 and your wait become endless. but if you buy something at 100 and it reach 103 you sell it instantly. why don’t you wait for that share to become 110-120-130 and so on? bottomline is patience is key to success. lack of patience will only erode your money.
athuljayaram wrote:
I am not much into trading.. but my family invested in Reliance, Tata infrastructures and kept for some years and got some increase
So if I do daily trading? will it be effective as long term investment
Also I didn’t do any tracking. My broker added the shares to moneycontrol.com and I didn’t check all that and messed up and I would look into CNBC to see whether it is bull or bear.. thats it
So guys I don’t believe in private banks like ICICI and thinks sharekhan etc asks for big commissions and all. SO guys tell me the site with least charges, best guarantee in investments
Also tell me whether e-gold is better than the best shares like Reliance or Tata or Birla and tell me the best profitable company to invest in long duration
intraday/short term is advised only who can track market from 9 to 4 and not for those who come for making quick money. long term in good stocks always pay off. comparing gold with securites is not possible in return worth. both are important in any portfolio with mix of about 50% each.
Day trading is for those who got thorough knowledge of the market.
Its very very easy to make money in the market but absolutely difficult to sustain that earned money.
And no matter what never trust your broker and the so called analysts/experts cos they are like girgit who keep changing colors all the time.
I trade is derivative markets as well as equity.
Derivative market is the most riskiest one where you can turn your 1k into 10k in a day or week or at times in couple of hours provided you have proper knowledge and timing. Obviously needless to say that your 1k can also become 1 buck if you get into a wrong trade.
Equity market is the best option if you want to start things slowly and gradually and its the most safest option. Obviously I am talking about delivery based buying selling cos I will never advice intra-day trading till you have a proper idea of the market.
chi321 wrote:dealmate wrote:
@chi bro
How about opening demat account in Kodak bank
Please advice since i am newbie to trade i just want to start of sell/buy trade..
Which account will suit me..
I usually prefer banks because i guess fund transfer and money got by selling stocks will be easy to accumlate within one bank unlike other brokers..
also enlighten with the basics ,charges and which demat allows free maintainence charges without annual fees..
tell me more about stocks and commision taken..how to get profit out of them…
banks and trading account should not be mixed ideally thinking hdfc, sbi, icici, axis, idbi or kotak will provide service a share broker can give. duty and price given by broker can never match that of banks and brokers can’t do what banks do for you. opening trading cum demat with banks is highly expensive and should not be prefered. however kotak is one of the leading broker of india and is completely different body than it’s bank. they have some competetive charges and good trading software called keat, better customer care and nice online trading site. kotak has money transfered linked with most banks and sevres purpose. one can opt it but you have to a)bargain for charges and b) pay in advance the amount that will be deducted as brokerage.now very important point for anyone who want to open a demat cum trading account. guys never get bluffed by advance brokerage schemes if you arne’t active trader. you generally end in paying 10-100 times extra. for example if you are asked for account rs 5000 and told charges would be 0.2% and .02% resp for delivery and intraday, to consume 5000 in intraday you’ve to buy and sell shares worth 2,50,00,000 i.e. 2 crores and fifty lacs. or take delivery of shares worth 25 lacs. generally such offers are for 6 month duration. if you don’t consume your money will be forfieted. moreover in cut-throat envirnment many brokers are giving such prices without any advance brokerage scheme. so avoid getting trapped in lucrative offers. in such case the lower the brokerage offered the higher chance your money will elapse without use.
coming back to kotak. if you are non-active and just want to buy and sell i would recommend an offline account with them. only differene in this account is here you don’t have advantage to buy and sell on your computer but you can do that by visiting kotak office or by phone call or emailing them. the charges are same as online account and comes with no annual charges. for online account you have to bargain for brokerage and generally kotak’s sales team is shrewed enough to mint money from you by giving very confusing yet seems to be lucrative offer. thing you should know is instead of brokerage offered check how much you pay for it and does this amount worth what you get? for example you can get 0.2% and 0.02% intraday at either 5000 advance brokerage which i already given above is way to loot unaware people or pay anywhere from 10000 to 50000 as advance, some shares as deposit that will be transfered in your new demat. your amount can be withdrawn once account is opened which takes 15 days to a month so you end up getting no interest on this amount. i would again advice to go for zerodha as they are only guys who have zero rules while opening account and have all terms given on table, no hidden cost/policy/any bullshit. i’ve account at zerodha and i get alomst 50 bucks daily as interest from mutual funds. it’s about how you manage money. i’ve kept all my readily available cash about 1 lac 70 thousand in liquid/debt funds and get approx 0.03% everyday. i get money next day on redemption so why put money in fd for a fixed period or bank for low rate. for shares i can use margin buying and selling which is 10 times money i have in zerodha account so if i have 30k i can trade for 3lacs intraday.
it is really amusing to see people make fund transfer as requirement for trading account. almost all brokers gives same day to next day transfer and almost all have tie-up with various banks where one can get instant return of money. in zerodha case it can be done with axis or hdfc. a broker should be choosen for high software speed, low brokerage, good and instant customer support and no hidden charges. i would request you to check the customer support number with any broker you want to open account, almost all have toll free number and see waiting period. in time of need all you get to hear is your call is important to us please be on line.
most of the brokers take annual charges and those who don’t they take money either way like higher brokerage or sofware charges etc. and finally how to take profit, i would say sell high and buy low. if you buy something for 100 and it goes to 90 you keep waiting for it to come back at 100 and gradually it goes to 80-70-60 and your wait become endless. but if you buy something at 100 and it reach 103 you sell it instantly. why don’t you wait for that share to become 110-120-130 and so on? bottomline is patience is key to success. lack of patience will only erode your money.
In advance brokerage plan of Reliance Money, unutilised balance is returned after three years. No forfeiture.
chi321 wrote:athuljayaram wrote:
I am not much into trading.. but my family invested in Reliance, Tata infrastructures and kept for some years and got some increase
So if I do daily trading? will it be effective as long term investment
Also I didn’t do any tracking. My broker added the shares to moneycontrol.com and I didn’t check all that and messed up and I would look into CNBC to see whether it is bull or bear.. thats it
So guys I don’t believe in private banks like ICICI and thinks sharekhan etc asks for big commissions and all. SO guys tell me the site with least charges, best guarantee in investments
Also tell me whether e-gold is better than the best shares like Reliance or Tata or Birla and tell me the best profitable company to invest in long duration
intraday/short term is advised only who can track market from 9 to 4 and not for those who come for making quick money. long term in good stocks always pay off. comparing gold with securites is not possible in return worth. both are important in any portfolio with mix of about 50% each.
Ok r u sure zerodha is the best? If I put 5000 rs in it around how much can I make in a month?
bv6974 wrote:chi321 wrote:dealmate wrote:
@chi bro
How about opening demat account in Kodak bank
Please advice since i am newbie to trade i just want to start of sell/buy trade..
Which account will suit me..
I usually prefer banks because i guess fund transfer and money got by selling stocks will be easy to accumlate within one bank unlike other brokers..
also enlighten with the basics ,charges and which demat allows free maintainence charges without annual fees..
tell me more about stocks and commision taken..how to get profit out of them…
banks and trading account should not be mixed ideally thinking hdfc, sbi, icici, axis, idbi or kotak will provide service a share broker can give. duty and price given by broker can never match that of banks and brokers can’t do what banks do for you. opening trading cum demat with banks is highly expensive and should not be prefered. however kotak is one of the leading broker of india and is completely different body than it’s bank. they have some competetive charges and good trading software called keat, better customer care and nice online trading site. kotak has money transfered linked with most banks and sevres purpose. one can opt it but you have to a)bargain for charges and b) pay in advance the amount that will be deducted as brokerage.now very important point for anyone who want to open a demat cum trading account. guys never get bluffed by advance brokerage schemes if you arne’t active trader. you generally end in paying 10-100 times extra. for example if you are asked for account rs 5000 and told charges would be 0.2% and .02% resp for delivery and intraday, to consume 5000 in intraday you’ve to buy and sell shares worth 2,50,00,000 i.e. 2 crores and fifty lacs. or take delivery of shares worth 25 lacs. generally such offers are for 6 month duration. if you don’t consume your money will be forfieted. moreover in cut-throat envirnment many brokers are giving such prices without any advance brokerage scheme. so avoid getting trapped in lucrative offers. in such case the lower the brokerage offered the higher chance your money will elapse without use.
coming back to kotak. if you are non-active and just want to buy and sell i would recommend an offline account with them. only differene in this account is here you don’t have advantage to buy and sell on your computer but you can do that by visiting kotak office or by phone call or emailing them. the charges are same as online account and comes with no annual charges. for online account you have to bargain for brokerage and generally kotak’s sales team is shrewed enough to mint money from you by giving very confusing yet seems to be lucrative offer. thing you should know is instead of brokerage offered check how much you pay for it and does this amount worth what you get? for example you can get 0.2% and 0.02% intraday at either 5000 advance brokerage which i already given above is way to loot unaware people or pay anywhere from 10000 to 50000 as advance, some shares as deposit that will be transfered in your new demat. your amount can be withdrawn once account is opened which takes 15 days to a month so you end up getting no interest on this amount. i would again advice to go for zerodha as they are only guys who have zero rules while opening account and have all terms given on table, no hidden cost/policy/any bullshit. i’ve account at zerodha and i get alomst 50 bucks daily as interest from mutual funds. it’s about how you manage money. i’ve kept all my readily available cash about 1 lac 70 thousand in liquid/debt funds and get approx 0.03% everyday. i get money next day on redemption so why put money in fd for a fixed period or bank for low rate. for shares i can use margin buying and selling which is 10 times money i have in zerodha account so if i have 30k i can trade for 3lacs intraday.
it is really amusing to see people make fund transfer as requirement for trading account. almost all brokers gives same day to next day transfer and almost all have tie-up with various banks where one can get instant return of money. in zerodha case it can be done with axis or hdfc. a broker should be choosen for high software speed, low brokerage, good and instant customer support and no hidden charges. i would request you to check the customer support number with any broker you want to open account, almost all have toll free number and see waiting period. in time of need all you get to hear is your call is important to us please be on line.
most of the brokers take annual charges and those who don’t they take money either way like higher brokerage or sofware charges etc. and finally how to take profit, i would say sell high and buy low. if you buy something for 100 and it goes to 90 you keep waiting for it to come back at 100 and gradually it goes to 80-70-60 and your wait become endless. but if you buy something at 100 and it reach 103 you sell it instantly. why don’t you wait for that share to become 110-120-130 and so on? bottomline is patience is key to success. lack of patience will only erode your money.
In advance brokerage plan of Reliance Money, unutilised balance is returned after three years. No forfeiture.
r u sure, btw they suck the cc is waste and there software is buggy ,used it for an year before switching to share khan
chi bro can u plz suggest should i continue with sharekhan or switch to zeroda ,, sharekhan r simply great but as said previously they charge amc @ 450 ,iam an investor and not a trader,so suggest accordingly
Reliance money is a big waste and their trading platform is absolutely ridiculous. Will always ditch you at important times.
And whats even more ridiculous is their advance rental plan which is just to fool the customers.
In fact all those companies who offers advance rentals are nonsense. Its a simple trap for you. Once you get an advance rental plan then you are forced to do trading even if you don’t wish to or else your brokerage will be wasted. Edelweiss also follows the same strategy but atleast their trading platform is lightning fast.
I personally trade with RK Global cos they offer the cheapest brokerage in F&O segment which is Rs 9/lot and then Zerodha is their too but they are not that efficient if one wants to do delivery based trading cos more or less you will pay almost the same usual brokerage.
One can always bargain with the brokerage houses and they will definitely offer the cheapest possible brokerage rate to you.
Need to learn so manythings before trading..hmmmm… I would like to increase my knowledge before investing..so thx for starting this thread and thx for everyone inputs … I will follow this thread closely..
gali gali me shor hai , ambani brothers chor hai 
so stay away from reliance 
hi vish bro how r u ? and can u answer my above query plz ,tu
@athul, broker does not guarentee returns you can make. 5000 invested with zerodha will give same return invested with rel money. however brokerage will differ. zerodha for me and active traders is best option currently. last year if you had asked i would have said rk global and before that i would have advised geojit.
as for rel money giving back after 3 years, you and me both get .01 and .1 brokerage. i pay 400 annually you pay 600. i get phone call picked instantly and you get atleast 15 minute waiting. and i paid nil money as advance or any crap offer to get .1% and .01% so no question on waiting for 3 years. so your call who’s the best.
jai, it depends upon quantity you trade. both have same amount of amc ie around 400. both have awesome software, tradetiger is still india’s best software and nse now is still india’s fastest. zerodha is not into mutual fund or reports/recco on stocks. at sharekhan you get best reports about good shares. and pricewise difference is not much for service you get from sharekhan. if you are investor and paying 100 bucks extra on whatever minimal trade you do in return of exclusive reports, nice software and some good reccos than sharekhan serve you best way. no point switiching until you are not satisfied or into high networth.
Jai bro you really want to go for Zerodha?
You checked their brokerage structure for delivery based trading?
Tell me something what is your current brokerage structure?
And with Zerodha if you trade for 1 lac then you will have to pay Rs 150+ brokerage so check accordingly before switching.
And remember there are no physical offices of Zerodha except one in Bangalore.
Well I will not suggest you to go with them since you are not a trader.
If I were you and required to choose between both then I would rather stick to Sharekhan and do some bargaining with them rather than switching somewhere else.
chi321 wrote:
jai, it depends upon quantity you trade. both have same amount of amc ie around 400. both have awesome software, tradetiger is still india’s best software and nse now is still india’s fastest. zerodha is not into mutual fund or reports/recco on stocks. at sharekhan you get best reports about good shares. and pricewise difference is not much for service you get from sharekhan. if you are investor and paying 100 bucks extra on whatever minimal trade you do in return of exclusive reports, nice software and some good reccos than sharekhan serve you best way. no point switiching until you are not satisfied or into high networth.
Exactly my point Zerodha is indeed best for the traders specially the ones who trade in F&O segment and not for investors or longterm traders.
viSH wrote:
Jai bro you really want to go for Zerodha?
You checked their brokerage structure for delivery based trading?
Tell me something what is your current brokerage structure?
And with Zerodha if you trade for 1 lac then you will have to pay Rs 150+ brokerage so check accordingly before switching.
And remember there are no physical offices of Zerodha except one in Bangalore.
Well I will not suggest you to go with them since you are not a trader.
If I were you and required to choose between both then I would rather stick to Sharekhan and do some bargaining with them rather than switching somewhere else.
vish bro, zerodha has flat charges of 0.01% intraday and 0.1% delivery or 20 rs per trade which ever is higher. for 1 lac delivery sharekhan will charge arond 250 and rest 110 will be stt/taxes and duty) whereas zerodha will charge about 20 rs 90 paisa only and rest 110 will be stt/taxes and duty. for 1 lac intraday both will charge almost similar amount. i don’t know how you got figure of 150. at zerodha one pays highest brokerage 20 rs per trade and not more than that.
if jai bro buy shares for long term he is not buying a particular share worth more than 10-20 thousand i believe and hence on 10k sharekhan is charging 20 bucks and zerodha is also charging 20 bucks. i assumed his investment is not more than that amount.
Chi bro their brokerage is low but the STT charge is very high.
You checked their brokerage calculator? If not then check and you will know yourself.
Here you go http://www.zerodha.com/download/Brokerage%20Cal...
Its not always “you get what you see” 
viSH wrote:
Chi bro their brokerage is low but the STT charge is very high.
You checked their brokerage calculator? If not then check and you will know yourself.
Here you go http://www.zerodha.com/download/Brokerage%20Cal…
an stt, service tax, transaction tax is charged in same rate by all brokers. it’s not broker’s income that it can differ it is compulsory amount paid to govt/nse. my bad i forgot stt while comparing both. so in zerodha you pay around 130 for taking delivery for 1 lac and at sharekhan around 360. difference will remain the same as both have same amount on obligatory charges. (once again sorry for omiting stt as i seldom buy for delivery and even if i buy i never buy a particluar share over 10-20-30k as i don’t put all eggs in one basket.)
chi321 wrote:viSH wrote:
Chi bro their brokerage is low but the STT charge is very high.
You checked their brokerage calculator? If not then check and you will know yourself.
Here you go http://www.zerodha.com/download/Brokerage%20Cal…
an stt, service tax, transaction tax is charged in same rate by all brokers. it’s not broker’s income that it can differ it is compulsory amount paid to govt/nse. my bad i forgot stt while comparing both. so in zerodha you pay around 130 for taking delivery for 1 lac and at sharekhan around 360. difference will remain the same as both have same amount on obligatory charges. (once again sorry for omiting stt as i seldom buy for delivery and even if i buy i never buy a particluar share over 10k as i don’t put all eggs in one basket.)
You know with Nirmal Bang I purchased and sold Shares worth Rs 4.2lacs just last week and know what was the total brokerage including STT I paid ?
113 as brokerage charge + 102 as STT charges total 215 so Zerodha is definitely not at all cheap if you consider other brokerage houses for Delivery based trading. Like I say it all depends on your volume and relationship with your brokerage house.
The more volume you generate the less brokerage you will pay.
I understand you are not much into delivery trading so might not have the proper idea about delivery based brokerages.
Anyways so what is your forte? You seems to be in intra-day trading I guess.
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come on guys plz keep this thread alive
i request cancob bro, vish bro, chi bro,parth bro and deal saint bro and all other market pundits to share ur valuable experiences
markets are in no trade zone that is only those who are experienced in trading both sides will benefit from very high volatile sessions ahead. short term trend is sideways to down. novice investors are adviced to stay away till trend is known.
chi321 wrote:
markets are in no trade zone that is only those who are experienced in trading both sides will benefit from very high volatile sessions ahead. short term trend is sideways to down. novice investors are adviced to stay away till trend is known.
200% agreed but 4 investors there is no good or bad time its only 4 traders
THANKS CHI BRO, any tips to buy on dips for say 1 year hold time
jaigreat wrote:
THANKS CHI BRO, any tips to buy on dips for say 1 year hold time
bhai as i said bharti n cipla if u r looking for max 1 yr , else u can add L&T and Itc may take longer time but will never loose ur money
thanks cancob bhai will do that also i pmed u about share khan plz reply
jaigreat wrote:
THANKS CHI BRO, any tips to buy on dips for say 1 year hold time
paisa tumhara hai dost, tips ke bharose rahoge to sirf barbaad karoge. 
jaigreat wrote:
thanks cancob bhai will do that also i pmed u about share khan plz reply
bhai 4 that we have a long discussion n i think chi bro could guide better
chi321 wrote:jaigreat wrote:
THANKS CHI BRO, any tips to buy on dips for say 1 year hold time
paisa tumhara hai dost, tips ke bharose rahoge to sirf barbaad karoge.
kya yaar chi bhai mai barbaad kar raha hoon jai bhai ka paisa
@ chi bro i never invest on tips only will take opinions then will asses the companies and then invest, so dont worry i am not going to invest blindly and wont complaint if i lose money so go head and give some tips bro
I am not much into trading.. but my family invested in Reliance, Tata infrastructures and kept for some years and got some increase
So if I do daily trading? will it be effective as long term investment
Also I didn’t do any tracking. My broker added the shares to moneycontrol.com and I didn’t check all that and messed up and I would look into CNBC to see whether it is bull or bear.. thats it
So guys I don’t believe in private banks like ICICI and thinks sharekhan etc asks for big commissions and all. SO guys tell me the site with least charges, best guarantee in investments
Also tell me whether e-gold is better than the best shares like Reliance or Tata or Birla and tell me the best profitable company to invest in long duration