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KP Says:
July 30th, 2009
Posted at: 10:54 pm
Hi CB, how far is the recommendations on each stock in stockezy is reliable? on what basis recommendation given? one my friend is tracking it.. please advice..
Dipishree Says:
July 30th, 2009
Posted at: 10:55 pm
Hi CB...Can We buy Andrabank shares around Rs.85...?
sanjeev Says:
July 30th, 2009
Posted at: 10:56 pm
Hi All,
I am using Rmoney,
Yes it is very cheap for brokerage, but they will charge 15Rs for each executed order irrespective of amount, and if you hold a delivery order they will charge 12 RS for each sell order, and there is some maintenance charge for each quarter also.
But the most important if you are a frequent trader, It is very slow some time so it is very dangerous for intraday order, once I placed order for ICICI at 760 and it goes down till 740 and it comes to 750 and my order was inprocess I can not delete it and after it was traded and again goes to 740. be careful for inprocess some time it take 5-10 min
Ravikumar Sivaramakrishnan Says:
July 30th, 2009
Posted at: 10:57 pm
Hi Mathew,Veena and all,
if I pay 1000 rs, RelianceMoney will allow me for intraday for 90 lakhs and delivery for 10lakhs in the time limit of 2 months.
If i complete turn over limit within 2 months,i have to renew in any desired scheme again.
If i will not complete turn over limit within time span limit,i can carry forward remaining turnover limit into next subscribed scheme provided I have to subscribe new scheme within the expiry of timespan limit of old scheme.
If i subscribe to new scheme after the expiry of timespan limit of old scheme,carry forward will not be done into new scheme.
If we pay Rs5k into RMoney,we can trade for one year with intraday limit of Rs 6.30 crores and delivery limit of Rs 70 laks.In my present broker,I have to pay Rs 5k for Rs 5 laks delivery transaction itself.
So,Rmoney is very best in the view of brokerage charge.
sanjeev Says:
July 30th, 2009
Posted at: 11:00 pm
Sorry 12 for delivery is additional means for del sell they charge 27 Rs
suneer Says:
July 30th, 2009
Posted at: 11:00 pm
Dear all friends don’t enter at this level be cautious, just watch two three days markets movements this is my view on market ( I am always thinking positively don’t short) wait for some more sessions
Mathew Says:
July 30th, 2009
Posted at: 11:02 pm
Hi Ravikumar Sivaramakrishnan, for very active traders these scheme will be useful. For an average trader or investor, it is better to go for a broker who charges in percent of the total volume. Paying Rs.1000 upfront and not doing very little trade for a month or two will raise the average cost.
Mathew Says:
July 30th, 2009
Posted at: 11:05 pm
Hi thangam, hope you haven't lost any money these days. Let us learn and help others learn. We may not know all the answers to even some LKG questions.
Ravikumar Sivaramakrishnan Says:
July 30th, 2009
Posted at: 11:07 pm
Hi sanjeev,
I was trying to get detail about speed of placing order in Rmoney.
Can u please give your mail id so that i can interact with u regarding the same.
Please give more details about maintenance charge for each quarter.R u mentioning
NSDL DP Bill for each month as maintenance charge?.
sanjeev Says:
July 30th, 2009
Posted at: 11:08 pm
Hi Mathew, Yes you are right even I am not a active trader so I feel it is not good and worst thing is the speed it is very slow so not good for active trader also, its software is very good interface and all is good but very slow, If you know any other good broker please tell me, and one more thing
May be important that you can not place any intraday order in Rmoney after 2.50 PM in NSE and 2.55 PM in bse,
And also there is lot of script which is not available for intraday trading.
So good luck and happy trading
Ravikumar Sivaramakrishnan Says:
July 30th, 2009
Posted at: 11:09 pm
Hi Mathew,
Rmoney has schemes for charges in percent of the total volume also.
I am typing now them for all.
sanjeev Says:
July 30th, 2009
Posted at: 11:12 pm
Hi Ravikumar Sivaramakrishnan, I guess NSDL DP is the 12 RS for each sell they take at the end, but I did not check it before but i just see there they told as below: (so it is not too much very nominal)
Please Note: "Maintenance charges for demat accounts for the period October 2008 to March 2009 shall be debited to client's ledger. (Charges Debited - For Individuals: Rs.100 plus service tax @12.36% & For others: Rs.500 plus service tax @12.36%) ."
Ravikumar Sivaramakrishnan Says:
July 30th, 2009
Posted at: 11:13 pm
Hi sanjeev,
S. Speed of placing order is also an important factor to book profits.
request u to give ur mail id.
Ravikumar Sivaramakrishnan Says:
July 30th, 2009
Posted at: 11:17 pm
Hi sanjeev,
am using indiainfoline now.It is debited to me also.
Maintenance charges for demat account is debited by nsdl depending on number of shares existing in demat account irrespective of brokerage firm.
sanjeev Says:
July 30th, 2009
Posted at: 11:18 pm
Hi Ravikumar Sivaramakrishnan, For Speed 70% tme it is normal but in 30% or may be 20% case it is really bad.
And my id is [email protected], You can mail me any time if you need some detail, one more thing rmoney provide a mobile interface to place order which is good thing
your forum is really good, I like all of you,
And comment from CB is really helpful, thanks to him.
suneer Says:
July 30th, 2009
Posted at: 11:19 pm
Dear all friends please stop fighting with others we all utilizing CB and making money, keep our site clean.