can we open online trading account without aadhaar otp

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Deal Cadet
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My aadhaar card is not linked to my mobile number so cant provide the otp yet.
Please tell if there is any other way to trade in stocks as i really wanna buy some good stocks which are fairly low priced

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Please name stock names you really wanna buy stuck_out_tongue

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AppleFan wrote:

Please name stock names you really wanna buy stuck_out_tongue

Yes bank .
Its a huge risk but potential is high

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arpit2401590 wrote:

Check for aadhar update centre near your location it will be updated in a day or two enkoy oeaceful lige then. Cost 25 or 50 Rs Only go to bank or post offices for security reasons

Chck out this link https://appointments.uidai.gov.in/easearch.aspx...

Since morning server not responding.
Dnt know how long will it take

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Mehulk wrote:

Yes bank .
Its a huge risk but potential is high

Don’t invest any money in it which you cannot afford to lose.Trading in these types of stocks can be best described as “catching a falling knife”. Seen many people losing lakhs in Reliance communication when its price dropped to 15 & everybody was expecting some relief & a jump to 20+(people keep buying even at price around 11 to average) but the day supreme court decision came,it dropped to 7 & now trading at less than Rs.1 to Rs.1.50 range.

Yes bank should not go down like reliance comm but it still is very risky to buy as it has gone down below 30 once.Better not invest more than a couple of thousands(which you can afford to lose) & not at price above 35-36 to be on safe side.Also use stop loss trigger to immediately auto sell if price reach 25.

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guest_999 wrote:

Don’t invest any money in it which you cannot afford to lose.Trading in these types of stocks can be best described as “catching a falling knife”. Seen many people losing lakhs in Reliance communication when its price dropped to 15 & everybody was expecting some relief & a jump to 20+(people keep buying even at price around 11 to average) but the day supreme court decision came,it dropped to 7 & now trading at less than Rs.1 to Rs.1.50 range.

Yes bank should not go down like reliance comm but it still is very risky to buy as it has gone down below 30 once.Better not invest more than a couple of thousands(which you can afford to lose) & not at price above 35-36 to be on safe side.Also use stop loss trigger to immediately auto sell if price reach 25.

Thnx for advice can i know the source of the information cause i wanna start trading and wanna try to analyse then invest.
I wont invest more than 5k there.
M just a student and my savings amt to 20k approx

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Mehulk wrote:

Thnx for advice can i know the source of the information cause i wanna start trading and wanna try to analyse then invest.
I wont invest more than 5k there.
M just a student and my savings amt to 20k approx

It is just observation & news articles,Yes Bank is currently not in a good situation.Its share price moves up on any rumor/interview by its CEO Ranveet Gill of fresh new investment & whenever this rumor/info proves wrong the stock tanks like anything(which is what happened today). For 5k it is not that risky but try to get its shares below 35 as people are commenting online that it may again reach its earlier lowest level(which was~29).

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Deal Lieutenant
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guest_999 wrote:

Don’t invest any money in it which you cannot afford to lose.Trading in these types of stocks can be best described as “catching a falling knife”. Seen many people losing lakhs in Reliance communication when its price dropped to 15 & everybody was expecting some relief & a jump to 20+(people keep buying even at price around 11 to average) but the day supreme court decision came,it dropped to 7 & now trading at less than Rs.1 to Rs.1.50 range.

Yes bank should not go down like reliance comm but it still is very risky to buy as it has gone down below 30 once.Better not invest more than a couple of thousands(which you can afford to lose) & not at price above 35-36 to be on safe side.Also use stop loss trigger to immediately auto sell if price reach 25.

Bhai nobody listens to me, when I say. They ll be like, I understand you. But they then complain about huge losses they made in those scrips. On the contrary side, some people take risks, like I did in Idea Vodafone n make some money. Pure gambling though

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Mehulk wrote:

Yes bank .
Its a huge risk but potential is high

Go to Nepal and waste money in a casino instead. Paisa bhi barbaad ho jayega, Nepal bhi ghoom loge!

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marketdimer wrote:

Go to Nepal and waste money in a casino instead. Paisa bhi barbaad ho jayega, Nepal bhi ghoom loge!

True bhai. In my dialect there’s a saying, jatera dekha kadali bika.( Doing both selling banana n visiting a festival at the same time) 🤣🤣🤣

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bikidas2060 wrote:

Bhai nobody listens to me, when I say. They ll be like, I understand you. But they then complain about huge losses they made in those scrips. On the contrary side, some people take risks, like I did in Idea Vodafone n make some money. Pure gambling though

Bhai my money got stuck in yes bank hence the experience(I guess that’s the only good thing). Purchased 200 shares at 220 during good times but made the mistake of not selling at 270 as got greedy to see 300.Once the fall came couldn’t do anything as loss would have been large.Now just hoping to see it reach 150-160 in next 2-3 years & will sell then to minimize my loss.

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guest_999 wrote:

Bhai my money got stuck in yes bank hence the experience(I guess that’s the only good thing). Purchased 200 shares at 220 during good times but made the mistake of not selling at 270 as got greedy to see 300.Once the fall came couldn’t do anything as loss would have been large.Now just hoping to see it reach 150-160 in next 2-3 years & will sell then to minimize my loss.

😭😭😭😭😭 i am so sorry to hear this. Mera chuna laga tha lt foods me. Dolly Khanna used to make a lot of hype.

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bikidas2060 wrote:

😭😭😭😭😭 i am so sorry to hear this. Mera chuna laga tha lt foods me. Dolly Khanna used to make a lot of hype.

Losses are inevitable in stock market,only thing is what to learn from them. At least now I know better than to invest in such falling knife type shares.I know many people who lost lakhs in Yes Bank so at least my loss(~35k currently but hoping to reduce it to ~15-20k in next 2-3 years) is not that much in comparison.

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guest_999 wrote:

Losses are inevitable in stock market,only thing is what to learn from them. At least now I know better than to invest in such falling knife type shares.I know many people who lost lakhs in Yes Bank so at least my loss(~35k currently but hoping to reduce it to ~15-20k in next 2-3 years) is not that much in comparison.

Bhai by trading FnO you can recover your losses. But that’s not easy.

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sab falling knife falling knife kar rahe he . I feel it’s a good price to buy Yes Bank now .

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bikidas2060 wrote:

Bhai by trading FnO you can recover your losses. But that’s not easy.

Naa Bhai,FnO are full time research else it is a pure gamble.Currently not having so much free time to spend on understanding & analysing FnO technicals. Will hope for Yes Bank to reach 150-160 in next 2-3 years else can make up for loss by not buying any new phone for next 3 years.

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ZitOO wrote:

sab falling knife falling knife kar rahe he . I feel it’s a good price to buy Yes Bank now .

Bhai it depends on your risk taking capacity.If you buy 200 shares at 45 then it is just 9000 & if price went up by even 10 rupees you will get 2000 profit but if it went down by 10 rupees then it is only 2000 loss. However if you buy 1k shares for 45000 & then it goes up or down by 10 rupees it is 10k profit or loss.For those who can afford losing 10-15k rupees,buying 1k shares of Yes Bank is alright but not for those who can’t afford losing this much money.For 45k you can get many other good options which are much more safer than Yes Bank.

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ZitOO wrote:

sab falling knife falling knife kar rahe he . I feel it’s a good price to buy Yes Bank now .

Yes Bank NCD of 2 years is trading at 23% rate (and no buyer), instead of buying share, buy NCD. 7% par wapas aa gaya to 4 guna ho jayega paisa. Bas dikkat ye hai ki kisi ko ummid nahi yes bank 2021 tak bachega.

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jab 80 pe tha to RJ lene wala tha. Jab 60 ka hua to Caneda wala babu lene wala tha. 40 aate aate koi citax aa gaya. 30 par sbi aaygi, 20 par govt. aur aakhri mein sirf Trivedi bachega.

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