Achiievers Equities

[achiievers]

Re: Achiievers Equities Ltd

Monthly Call Jan 2014

Scrip-BANKINDIA
CMP-236
Target-255-270
Stop Loss-218
Recommendation-Buy Above 237

Scrip-BALKRISIND
CMP-340
Target-360-380
Stop Loss-320
Recommendation-Buy Above 341



Happy Trading!!!

 

[achiievers]

Re: Achiievers Equities Ltd

Assume I have zero balance in my ledger and holding 1 lot of CE 6300.

If I sell this CE 6300 for Rs. 180 and want to buy CE 6200 for Rs. 100 on the same day (T), will it attract any penalty for shortfall. From the RMS document what I understand is that receivables are credit to the ledger on T+1 day while payables are deducted on T day itself. Therefore there would be a shortage

Please reply so that I have clarity before I open an account.

Hi,
When you Sell any Option (Call or Put) positions, margin are block so there will be no shortfall or penalty from exchange on buying of Call or Put Option from the release of margin on squaring off or closing the sell position of Option.
But if you Buy any Option (Call or Put) you are paying the premium in full and on squaring off or closing the Buy Position in Option trade payment realization are credited on T+1 basis, so if you Buy an Option position from the balance you are suppose to get at T+1 than only shortfall or penalty will be levied.


Happy Trading !!!

 

[achiievers]

Re: Achiievers Equities Ltd

CTT on Commodity Future Trade is 0.01% of sell transactions,i.e. 1000 per crore on sell turnover.

Happy Trading !!!

 

[Punter786]

Dear Achiivers,

Will this SEBI circular on account opening lessen the hassling of account opening process? http://articles.economictimes.india...82_1_kyc-process-kyc-registration-agency-sebi

Form filling, paperwork and couriering it is really a pain, especially for procrastinators

Thanks

 

[achiievers]

Re: Achiievers Equities Ltd

May the New Year bring you all health, wealth and happiness…Happy New Year 2014 !!!

:clap::clapping:

Happy Trading

 

[achiievers]

Re: Achiievers Equities Ltd

Pick of the Week 06.01.2014

Scrip-FINCABLES
CMP-89.5
Target-100-110
Stop Loss-80
Recommendation-Buy Above 90

Scrip-AUROPHARMA
CMP-396
Target-420-440
Stop Loss-370
Recommendation-Buy Above 398

Happy Trading !!!

 

[TheMarketKid]

Hi achiivers .....

I am from kolkata...........
If I open A/C with u what stamp duty u 'll levied on my contract note ?

some where I got that West Bangal Govt. charges .01% as stump duty which is very high ...

plz clarified this Sir .....

 

[achiievers]

Re: Achiievers Equities Ltd

Hi achiivers .....

I am from kolkata...........
If I open A/C with u what stamp duty u 'll levied on my contract note ?

some where I got that West Bangal Govt. charges .01% as stump duty which is very high ...

plz clarified this Sir .....

In Future & Option it is 0.02% on turnover.

Happy Trading !!!

 

[achiievers]

Re: Achiievers Equities Ltd

Pick of the Week 12.01.2014

We will release the weekly call on Monday during trading hours, as IIP data will be released today after market hours

Happy Trading !!!

 

[kiran_thiru]

achiievers, for intraday in cash segment amount of Rs.20,000 how may reliance shares i can trade?
reliance-eq today's closing price was Rs.858.15
as NRML we can purchage 23 shares.
i want to know about MIS leverage.
pls give me details. thank you.