right investment discussions i.e about shares/gold/property etc

thanks jaigreat sir 4 including me into this thread.
First thing I would like 2 share 4 beginners is that equity market is not a gamble as general presumption n it is neither complex nor it requires large capital any1 can start investing with whatever saving he has it can b as low as 10k or even less , all u have 2 do is open an demat n trading account with any share trading co. , I personally use n prefer icicidirect.com as it is da best integrated platform else Kotak is also good for other options there r reliance capital , religare angel ,and many more there is 1 time acount opening fees n annual demat charges.

cancob wrote:

thanks jaigreat sir 4 including me into this thread.
First thing I would like 2 share 4 beginners is that equity market is not a gamble as general presumption n it is neither complex nor it requires large capital any1 can start investing with whatever saving he has it can b as low as 10k or even less , all u have 2 do is open an demat n trading account with any share trading co. , I personally use n prefer icicidirect.com as it is da best integrated platform else Kotak is also good for other options there r reliance capital , religare angel ,and many more there is 1 time acount opening fees n annual demat charges.

beg to differ on icicidirect as it’s one of the worst broker (worst is very small word for them). it’s charges are way to high, almost 500% what others charge (current market average is 2 to 5 paisa intraday and 10-25 deilvery whereas icici is charging 25 intraday and 75 delivery). it doesn’t have software like odin or nse’s now making trading too slow and of medieval age. whenever market fluctuates it’s system goes bonking and you can only curse your luck. there annual charges are double what market generally charges. they have charges on buying and selling mutual funds. it’s high time you should change your broker (you should have done 5 years ago)

there are much better options. current favourite is zerodha which is very low cost, most user freindly and one of the bestest customer care one can have. charges are unbelievable. trade as much as you want and pay only 20 bucks. lets assume you buy and sell reliance from icicidirect for 1 lac intraday. you end up paying 500 as brokerage plus 0.3% as taxes and charges. at zerodha you’ll be charged only 40 plus taxes and charges. if you bought 133 shares of reliance at 750 from icicidirect you have to sell them at 756 to cover only brokerage and anything above you sell will be your profit. had you have coosen zerodha your profits would have started from just 750.50 paisa!! so suppose you sold at 756 also on icicidirect you made nothing whereas at zerodha you made a cool 1000 bucks! that’s intraday for you. now in delivery zerodha has 0.1% or 20 whichever is lower. so if you buy 1 reliance for 750 you pay only .75 plus some taxes. at icicidirect charges would be 0.75% or 25 whichever is higher so on 750 you’ll be charged 775 plus taxes!

that’s just a comparision with zerodha, india’s biggest broker for traders at the moment. when other brokers are shutting down offices only zerodha is surviving with ample profits. and as i said it’s just comparision with zerodha. kotak, sharekhan, indiainfoline, geojit and indiabulls charges as low as 0.02% intrday and .2% delivery depending upon your bargain power and paying capacity. all these provide state of art platforms, very high speed softwares like odin or now or sharekhan’s own tradetiger. they seldom hangs unlike icicidirect. however difference between zerodha and these is zerodha has no clause attached while opening account or ever in future. everything is diclosed in advance and no extra paisa is charged other than specified hwoever other change policy after say 3 months, 6 months or upon your 1st plan (just like mobile plan where you get 1 paisa 2 second for 90 days and than 1.2 paisa per second). zerodha has most fans any broker can have on facebook, is highest talked about on india’s only and best investment forum traderji. however one can choose any broker he/she likes depending upon his/her needs from above given names. but for newcomer sake don’t term horribles like icicidirect, religare, rel cap or hdfc or sbicap as the best. i wonder why you choose the most expensive yet the worst service provider. guess you are unaware of chaged world.

@chi321 nice share bro…I am planning to switch from indiainfoline but I am not much of a trader just buy and sell on and off for investment purposes….is it advisable to switch to zerodha given the initial hassles of account opening/verifications etc?

Also I am interested in investing in Gold ETFs…I think its much better than investing in bullion directly given the liquidity and transaction cost savings….any suggestions

harshk wrote:

@chi321 nice share bro…I am planning to switch from indiainfoline but I am not much of a trader just buy and sell on and off for investment purposes….is it advisable to switch to zerodha given the initial hassles of account opening/verifications etc?

Also I am interested in investing in Gold ETFs…I think its much better than investing in bullion directly given the liquidity and transaction cost savings….any suggestions

if you are active investor/trader, yes. if not, infoline serves the purpose. infoline doesn’t have annual maintainence charges whereas zerodha charges 400 for ILnFS demat account annually. so straight away you get 400 benefit at indiainfoline. that means amost 40 lac worth intraday or 4 lacs worth delivery can be consumed by not shifting to zerodha. however as i said if you are active participants you can shift. coming to verification part, i faced webcam identification and went very swiftly however i’ve seen on traderji/facebook people complaining it troublesome reason being quality of webcam. another problem is sending them forms however zerodha has made things very easy i.e. only signing the forms at required place instead of filling or sending a copy at your address for free, your sending back gets charged for courier and than almost a week to month waiting for account opening. so taking a call on sticking with infoline over zerodha depends on your participation value.

gold has recenly become more trading thing than investing. if you are trader etfs serves the purpose. reason being you can buy and sell it whenever you like without any cuts on price like real gold. however if you are investor with trading mentality i.e. you want to buy on dips and sell whenever it is high you can opt for much better nsel’s e-gold. indiainfoline is also providing e-gold for it’s investors. in e-gold you buy gold from 1 gram upto your desired limit. you get this gold just like shares in your demat. once you want to convert e-gold into real gold all you have to do is visit nsel certified place and submit proof of delivery of your gold which can be taken from nsel on request of conversion. they charges nothing for conversion however you’ll be paying vat and taxes liable to that state. now why e-gold? it’s better than etf as it gives you double benefit, online holding or real presence n your locker if needed. also remeber not to buy gold mutual funds as you’ll be charged double what you pay in etf plus gold safety charges plus commision plus entry and exit loads plus fund expenses etc etc. so 1 gram etf if is of 2900, your mutual fund becomes 2950! again etfs are good for shorter/mid term with trading/small time investing. for longer term you are paying 400 as demat charge till you keep them in your custody. however it’s cheaper than locker option.

chi321 wrote:

harshk wrote:

@chi321 nice share bro…I am planning to switch from indiainfoline but I am not much of a trader just buy and sell on and off for investment purposes….is it advisable to switch to zerodha given the initial hassles of account opening/verifications etc?

if you are active investor/trader, yes. if not, infoline serves the purpose. infoline doesn’t have annual maintainence charges whereas zerodha charges 400 for ILnFS demat account annually. so straight away you get 400 benefit at indiainfoline. that means amost 40 lac worth intraday or 4 lacs worth delivery can be consumed by not shifting to zerodha. however as i said if you are active participants you can shift. coming to verification part, i faced webcam identification and went very swiftly however i’ve seen on traderji/facebook people complaining it troublesome reason being quality of webcam. another problem is sending them forms however zerodha has made things very easy i.e. only signing the forms at required place instead of filling or sending a copy at your address for free, your sending back gets charged for courier and than almost a week to month waiting for account opening. so taking a call on sticking with infoline over zerodha depends on your participation value.

its not like that chi321… even infoline guys dont have any ethics and they act weird… the RM’s keep on changing over there…. those guys will trade a lot to reach their targets on behalf on knowledge less customers who are ready to invest …. once they make huge losses and they will just simply shift the company if some thing gets on their head…i saw 3-4 people like that in india infoline…though i never ever interacted with them but i know their internals…..

and i started an account, as they said that its an annual maintanence charges free account…. i made even my friends to join as they said there are no charges…. but after a year…they started charging the account and simply said that was only 1 year offer….. WTF….!!

mraj146 wrote:

chi321 wrote:

harshk wrote:

@chi321 nice share bro…I am planning to switch from indiainfoline but I am not much of a trader just buy and sell on and off for investment purposes….is it advisable to switch to zerodha given the initial hassles of account opening/verifications etc?

if you are active investor/trader, yes. if not, infoline serves the purpose. infoline doesn’t have annual maintainence charges whereas zerodha charges 400 for ILnFS demat account annually. so straight away you get 400 benefit at indiainfoline. that means amost 40 lac worth intraday or 4 lacs worth delivery can be consumed by not shifting to zerodha. however as i said if you are active participants you can shift. coming to verification part, i faced webcam identification and went very swiftly however i’ve seen on traderji/facebook people complaining it troublesome reason being quality of webcam. another problem is sending them forms however zerodha has made things very easy i.e. only signing the forms at required place instead of filling or sending a copy at your address for free, your sending back gets charged for courier and than almost a week to month waiting for account opening. so taking a call on sticking with infoline over zerodha depends on your participation value.

its not like that chi321… even infoline guys dont have any ethics and they act weird… the RM’s keep on changing over there…. those guys will trade a lot to reach their targets on behalf on knowledge less customers who are ready to invest …. once they make huge losses and they will just simply shift the company if some thing gets on their head…i saw 3-4 people like that in india infoline…though i never ever interacted with them but i know their internals…..

and i started an account, as they said that its an annual maintanence charges free account…. i made even my friends to join as they said there are no charges…. but after a year…they started charging the account and simply said that was only 1 year offer….. WTF….!!

@chi123 bro srry but I never heard da name of zerodha further do they have there own integrated platform or they use any other bank services , do they give interest on the remaing utilized amount with them , further bro I am a investor n not a trader I never do intraday or play in f&o 4 me icicidirect.com is good hardly makes any difference when I get 40/50/70 pct over my investment I happily pay .2 pct extra.

@mraj, i’m not aware of indiainfoline and it’s ill deeds. i’ve been with kotak, sharekhan and zerodha in my past 6 years trading backgground. i know about misuse of power of attorney but it’s not manager’s fault if one can’t track his/her account and keep a large amount at disposal for misuse. it’s your money. just like you keep money safe at home or in bank to protect from thieves or thug in online trading you should keep it safe from online thugs if you have given them POA. zerodha’s business module is such that they don’t have RM’s and all. they have just 1 office in Bangaluru and uses best demat provider ILFS so your delivery shares are not also misused.

cancob wrote:

@chi123 bro srry but I never heard da name of zerodha further do they have there own integrated platform or they use any other bank services , do they give interest on the remaing utilized amount with them , further bro I am a investor n not a trader I never do intraday or play in f&o 4 me icicidirect.com is good hardly makes any difference when I get 40/50/70 pct over my investment I happily pay .2 pct extra.

even if you are investor you are paying whopping 300 extra if you don’t use your account on account of annual charges. you don’t have to worry about interest if you are investor as you can easily transfer money from hdfc/axis instantly or netbanking trasnfer by other banks and buy on your choice day. and it’s not about percent bro. you didn’t get delivery based comparision i guess. making you more easy again.

suppose you want to buy share of xyz for 100000 rs you’ll be paying almost 750 bucks as brokerage. on selling you’ll again pay this same brokerage i.e. 0.75% so if you bought for 100000 and sold at 110000 you end up paying 1575 in icicidirect. at zerodha you’ll be charged 0.1% or 20 whichever is lower so in this case 20 on buying and 20 on selling thereby only 40 bucks for buying and selling in compare to 1575! so if you buy for 100000 and sell for 110000 you make 9960 profit with zerodha. so tell me which is more sweeter? same amount, same share, same price with better software and custimer care almost 1500 rupees extra profit just for avoiding one of the best broker or sticking with age old service? and thats just comparision with zerodha. at any other platform your saving by comparing to icici would have been similar (+/-200).

coming to platforms, they have nse’s fastest in india platform nse nowonline. it is linked to servers of national stock exchange and you get rates much faster at speed those FII gets. it also provide browser based service like icicidirect does. almost all gprs enabled mobile can also run nse’s nowonline swiftly.

chi321 wrote:

cancob wrote:

@chi123 bro srry but I never heard da name of zerodha further do they have there own integrated platform or they use any other bank services , do they give interest on the remaing utilized amount with them , further bro I am a investor n not a trader I never do intraday or play in f&o 4 me icicidirect.com is good hardly makes any difference when I get 40/50/70 pct over my investment I happily pay .2 pct extra.

even if you are investor you are paying whopping 300 extra if you don’t use your account on account of annual charges. you don’t have to worry about interest if you are investor as you can easily transfer money from hdfc/axis instantly or netbanking trasnfer by other banks and buy on your choice day. and it’s not about percent bro. you didn’t get delivery based comparision i guess. making you more easy again.

suppose you want to buy share of xyz for 100000 rs you’ll be paying almost 750 bucks as brokerage. on selling you’ll again pay this same brokerage i.e. 0.75% so if you bought for 100000 and sold at 110000 you end up paying 1575 in icicidirect. at zerodha you’ll be charged 0.1% or 20 whichever is lower so in this case 20 on buying and 20 on selling thereby only 40 bucks for buying and selling in compare to 1575! so if you buy for 100000 and sell for 110000 you make 9960 profit with zerodha. so tell me which is more sweeter? same amount, same share, same price with better software and custimer care almost 1500 rupees extra profit just for avoiding one of the best broker or sticking with age old service? and thats just comparision with zerodha. at any other platform your saving by comparing to icici would have been similar (+/-200).

coming to platforms, they have nse’s fastest in india platform nse nowonline. it is linked to servers of national stock exchange and you get rates much faster at speed those FII gets. it also provide browser based service like icicidirect does. almost all gprs enabled mobile can also run nse’s nowonline swiftly.

http://content.icicidirect.com/mailimages/ICICI…

Switching to Zerodha or other platform with low charges is useful only if you trade a lot. I have one ICICIdirect and two account with indiainfoline.

ICICIdirect has the advantage of being the easiest to use website. Indiainfoline and others need more time to get used to. Things like IPO application are very easy in ICICIdirect. The same cannot be said for indiainfoline. ICICIdirect website can easily be accessed on mobile. IIFL also offers trading on mobile where u have to download a software and then you can trade on BSE (very slow one).

So sure ICICIdirect have some unique advantages.

cancob bhai if you feel icicidirect serves you better than you can stick to it. however my sincere request is to not to advise them for someone who is not aware of changed world. the benefits you are talking is peanuts in front of what one can save with any other broker. and for a change, zerodha is not what it is just because of brokerage. it is because it has no hidden clause as said earlier. no hidden charges. stt and all are not hidden charges it is to be paid by every broker at same amount and if you are investor or trader you are liable to know addtional obilgatory charges coming with buying and selling. i am amazed to know just for a trading account someone gets car loan or credit card. it is given on certain condition if met and not for a trading account. as for surety of money, all money is kept by icicidirect or by zerodha or by your nearby gujju bhai broker in a pool account operated by nse/bse and customer. there are sub-brokers (those gali muhalla chhap share agents called sub-broker and not the broker) who misuse power of attorney but it’s fault of customer they dont track money lied in account. zerodha don’t have any sub-broker. and finally, sebi has made it mandatory to record all such request of telephonic trades and keep them so in case customer reports someone else used his/her account the sub-broker will be held liable t pay whole amount plus penalty. it is done because many sub-brokers like mraj bro said, misused the power of attorney.

cancob wrote:

http://content.icicidirect.com/mailimages/ICICI…

strongly avoid. nbcc is having negative cash flows from investments it had made. current state of indian infrastructer at rate of interest offered by bank is in big time crises and buying infra based stocks is like playing with fire. on top of it nbcc doesn’t even bulid anything. they are contract based company and almost all contracts in past by nbcc never finished on time hence project cost for them increases. also project management and consultancy business is very volatile and in past many years running only in losses, ivrcl, ramky, lanco to name a few running way below price offered in ipo. finally this ipo is priced too high and fair vaule is not more than 72 which it’ll come after listing.

chi321 wrote:

cancob bhai if you feel icicidirect serves you better than you can stick to it. however my sincere request is to not to advise them for someone who is not aware of changed world. the benefits you are talking is peanuts in front of what one can save with any other broker. and for a change, zerodha is not what it is just because of brokerage. it is because it has no hidden clause as said earlier. no hidden charges. stt and all are not hidden charges it is to be paid by every broker at same amount and if you are investor or trader you are liable to know addtional obilgatory charges coming with buying and selling. i am amazed to know just for a trading account someone gets car loan or credit card. it is given on certain condition if met and not for a trading account. as for surety of money, all money is kept by icicidirect or by zerodha or by your nearby gujju bhai broker in a pool account operated by nse/bse and customer. there are sub-brokers (those gali muhalla chhap share agents called sub-broker and not the broker) who misuse power of attorney but it’s fault of customer they dont track money lied in account. zerodha don’t have any sub-broker. and finally, sebi has made it mandatory to record all such request of telephonic trades and keep them so in case customer reports someone else used his/her account the sub-broker will be held liable t pay whole amount plus penalty. it is done because many sub-brokers like mraj bro said, misused the power of attorney.

Chi bro as already said v r here not 2 discuss trading platform I in my 1st post has written that I use n prefer icicidirect.com any1 can opt any trading platform its his choice further as far as car loan n platinum CC r concerned they were issued 2 me because of my good track record n not due 2 trading account but all this is good track record is because of icicidirect.com.

We should use this forum to get some Stock recomendations from the wealth of knowledge the dimers have ….

Is this what you are sayin Cancob…. Sounds a good idea

tikkut wrote:

We should use this forum to get some Stock recomendations from the wealth of knowledge the dimers have ….

Is this what you are sayin Cancob…. Sounds a good idea

Exactly sir this what I am sayin I will post my opinion 4 ongoing IPO in few hrs as I am not able 2 decide about its fundamentals , @chi @ jaigreat bro pls give ur opinion 4 this ipo

can some one who have knowledge of these also put their views on

Suzlon
lanco infratech
tata tele
vijaya bank
ifci

thanks

cancob wrote:

tikkut wrote:

We should use this forum to get some Stock recomendations from the wealth of knowledge the dimers have ….

Is this what you are sayin Cancob…. Sounds a good idea

Exactly sir this what I am sayin I will post my opinion 4 ongoing IPO in few hrs as I am not able 2 decide about its fundamentals , @chi @ jaigreat bro pls give ur opinion 4 this ipo

chi321 wrote:

cancob wrote:

tikkut wrote:

We should use this forum to get some Stock recomendations from the wealth of knowledge the dimers have ….

Is this what you are sayin Cancob…. Sounds a good idea

Exactly sir this what I am sayin I will post my opinion 4 ongoing IPO in few hrs as I am not able 2 decide about its fundamentals , @chi @ jaigreat bro pls give ur opinion 4 this ipo

i already have given my own opinion about nbcc that it is avoidable. highly priced, bad business module, sector in turmoil. if this thread is for stocks recco, i’m out from here. hope there are much better gems in here. i won’t risk someones hard earn money.

dude… put down your views like you did for nbcc…there is nothing wrong…
we hear lot of JUNK suggestions daily which are mostly biased…. so there is nothing wrong in putting down your views and you are surely not playing with others money because of your suggestions…. ultimate decisions has always to be SELF…. so dont worry about that….

https://www.sptulsian.com/article…10
http://www.thehindubusinessline.com/todays-pape…
http://www.capitalmarket.com/ipocentre/nimshow….
http://economictimes.indiatimes.com/features/in…

wow great and thanks a lot guys for the shares

can any 1 suggest cheapest and hassle free broker for investment and not intraday trade, a have a account with sharekhan they are great only problem is that they charge 450 per year as amc

chi321 wrote:
beg to differ on icicidirect as it’s one of the worst broker (worst is very small word for them)…..
it doesn’t have software like odin or nse’s now making trading too slow and of medieval age…..
whenever market fluctuates it’s system goes bonking and you can only curse your luck…..
it’s high time you should change your broker (you should have done 5 years ago)

In fact +10

If you are serious about investing, DO NOT go for ICICIDIRECT ( i won’t advise any either; all depends upon your requirements & offers you get)
Leave the horrible charges & other shit, its HORRENDOUSLY PATHETIC in uptime! (the fact that they have never improved is more LAME)

GOLDEN RULES FOR ICICIDIRECT:
- Customer/s need to login, System should be down.
- If Price levels fluctuate even 0.1 % of ATR, System should be down.
- Major News or economic report ahead, System should be down.
- The webmaster of ICICIDIRECT is farting, System should be down (he/she farts too much)

Still want to open account?
Would advise donating to poor & needy
Good luck (you need a lot of it)

I share my views with deal saint and chi321 on ICICIDirect….its not worth..very costly…system down problem very frequent
i hv used icici, sharekhan , motilaloswal and religare….the best i found is Religare…less brokerage ,good customer service..this is my personal view ..pls check from others before opening the account

@ friends I have been buying nhpc from last 2 yrs n average cost is around 23 n qty is 4k can add another 2.5 -3 k my time horizon is long term ie 2yr or even more what would u suggest is it a good bet should I continue 2 add or should I exit if/when in profit.

good thread

@ abt broker

i m dealing with sub-broker who takes .5% on delivery & .2% on intraday , i know i m paying too much , but i can’t be online during market hrs. ,so can’t prefer online broker ….. & yaa nowdays i m also hearing from lots of ppl that zerodha is best in all terms though i hven’t tried it !!!!!!

@ abt new issue monitoring

use capital market site which canob has posted , it’s good

though i respect sptulsian a lot , he is d guy with good fundamental knowledge but lack of luck , so even though he is right , most of d time , his suggestion went wrong….

& yaa op should add disclosure in his 1st comment abt : all recommendations posted here r personal , consult ur financial adviser before investing & we r not responsible for any losses

cancob wrote:

@ friends I have been buying nhpc from last 2 yrs n average cost is around 23 n qty is 4k can add another 2.5 -3 k my time horizon is long term ie 2yr or even more what would u suggest is it a good bet should I continue 2 add or should I exit if/when in profit.

this greedy gov. sold nhpc at highest price of 36rs. & lots of ppl lost money in it

it has been 2 & half yr. went & now price is almost half !!!!!

now at current price , valuation looks attractive , but don’t expect spectacular return from this stock , return will be modest in it though downside looks limited from hereon….

problem with them is , execution delay in almost all their project

i m having shares of sjvn which is in similar bussiness ( though producing quite low MW compare to NHPC ) , like nhpc , sjvn also hold by gov. , good thing i like abt sjvn is it’s high dividend yield

@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…