Achiievers Equities

[achiievers]

Re: Achiievers Equities Ltd

Monthly Calls 03.04.2014 ​

Scrip-MOIL
CMP-260
Target-286-320
Stop Loss-234
Recommendation-Buy Above 262

MOIL – Is engaged in mining and exploration of manganese, technically stock listed on exchange around 590 on 31.12.2010 and continuously falling till it made low of 182 recently. Stock has broken its falling trend line and looking highly oversold in current scenario

Scrip-NBCC
CMP-176
Target-193-215
Stop Loss- 152
Recommendation-Buy Above 177

NBCC- Is govt. owned construction company, and on technically stock is moving in classical bullish formation and we expect it to carry this momentum

Happy Trading !!!

 

[cloudTrader]

No Manish

IMO, this is only an example to show the difference between them and other brokers, in terms of brokerage. In the table they have assumed that normally a trader will trade 5 lot per day and so nothing more should be derived out of this.

I also looked into their website but didnt get anything to this effect. And the table clears from where you get the idea of 5 lots per day.

However, Achiievers should clarify the doubt of the member.

I agree with this viewpoint.

I see Achiievers representatives are least active here at traderji in answering queries.

 

[achiievers]

Re: Achiievers Equities Ltd

Hi Achievers,

In your MVP plan, the website says unlimited trading but again it says 5 lots of buy and sell of futures. Is there any limit to number of lots or number or trades I can take in a day ?

Hi,

There in no such limit...you can trade unlimited for a month,what ever be the quantity,turnover,volume subject to availability of the Margin.

Hope it is clear now.

Happy Trading !!!

 

[achiievers]

Re: Achiievers Equities Ltd

I agree with this viewpoint.

I see Achiievers representatives are least active here at traderji in answering queries.

Hi,

Thanks @a1b1trader you are right.

It is just an example nothing else...which shows what will be savings if any one trade 5 lots Future Buy/Sell each and 5 lots Option Buy/Sell each.

You can trade unlimited...no bar on turnover or volume for a day or for a month or for a year or for lifetime as per plan you have selected.

Happy Trading !!!

 

[achiievers]

Re: Achiievers Equities Ltd

I agree with this viewpoint.

I see Achiievers representatives are least active here at traderji in answering queries.

Sorry @Leonid if we were late in responding...no excuse but we were a bit busy for the closing of last FY and start of new FY.

We will take care of your concern in the future and will try to match your expectations.

Happy Trading !!!

 

[cloudTrader]

Re: Achiievers Equities Ltd

Sorry @Leonid if we were late in responding...no excuse but we were a bit busy for the closing of last FY and start of new FY.

We will take care of your concern in the future and will try to match your expectations.

Happy Trading !!!

This is fair . No probs. :thumb:

Regards.

 

[cloudTrader]

Re: Achiievers Equities Ltd

Monthly Calls 03.04.2014 ​

Scrip-MOIL
CMP-260
Target-286-320
Stop Loss-234
Recommendation-Buy Above 262

MOIL – Is engaged in mining and exploration of manganese, technically stock listed on exchange around 590 on 31.12.2010 and continuously falling till it made low of 182 recently. Stock has broken its falling trend line and looking highly oversold in current scenario

Scrip-NBCC
CMP-176
Target-193-215
Stop Loss- 152
Recommendation-Buy Above 177

NBCC- Is govt. owned construction company, and on technically stock is moving in classical bullish formation and we expect it to carry this momentum

Happy Trading !!!

I am seeing your monthly calls now . This is good initiative.

Do you have any excel file where you have recorded the performance of your calls made in the past. If yes then plz. share with us , it will generate more confidence.

Regards.

 

[achiievers]

Re: Achiievers Equities Ltd

Yes that's right, in currency it is approximately 1 lot = 85k when dealing with EUR and 62k in USD. So approx 22-23 lots for a 20 lac limit. In any case a very small per order limit to be imposed for ALL types of traders big and small. What will a 500-lot trader do when per order limit is 23 lots?

Hi

Request you to please go through the following post posted by our clients http://www.traderji.com/brokers-trading-platforms/74228-achiievers-equities-84.html#post952560

Would also suggest to go through our RMS policy http://www.achiieversequitiesltd.com/Upload/Download/Risk Management Policy.pdf

It clearly states that "As a policy we have specified a single sauda limit, which is maximum 100000 in quantity terms which can be placed for trade and a maximum of Rs 20 lacs in order value terms across all clients registered with Achiievers Equities Ltd

Beyond that on client request we can further increase single sauda limit subject to availability of the margin."


We have enclosed URL of circular issued by NSE and article enclosed which will clear your queries on per order limit.

Further RMS is significantly related to Per Order Limit and correlated.

Higher Risk is involve when any one places a single order of 100 or 200 lots rather than multiple orders. That is the reason exchange has implemented Per Order Limit forcibly on us.

Even software also takes time to indentify MTM or Extreme Loss position in case of single big order, which can expose us and our clients to out of pocket situation. In our case chances will be more as we are giving 2 to 3 times for Intraday limits or exposure.


http://www.nseindia.com/content/circulars/COMP21992.pdf
http://www.nseindia.com/content/circulars/COMP21991.pdf
http://www.nseindia.com/content/circulars/COMP21990.pdf
http://www.thehindubusinessline.com...ly-follow-conformity-norms/article4027915.ece
http://www.business-standard.com/ar...more-steps-in-derivatives-112102400127_1.html

Further I think you have sent a mail on the same to increase your limit to 40 lacs per order limit...and our Customer Care team have reverted the details and ask for final confirmation for increase of yours per order limit to 50 lacs (10 lacs more than what you have asked) but we haven’t received any confirmation but you have again requested to increase the same further.

Hope am clear and request to please reveal the actual conversation in the forum when you are raising any queries or else its confuses.

Hope am able to clarify the entire issue.

Happy Trading !!!

 

[achiievers]

Re: Achiievers Equities Ltd

I am seeing your monthly calls now . This is good initiative.

Do you have any excel file where you have recorded the performance of your calls made in the past. If yes then plz. share with us , it will generate more confidence.

Regards.

Hi,

Yes we do have...request you to please go through the following url's

http://www.achiieversequitiesltd.com/static/ResearchDownload.aspx?id=11

http://www.achiieversequitiesltd.com/static/researchdownload/commodityparityprice.aspx

Happy Trading !!!

 

[cloudTrader]

Re: Achiievers Equities Ltd

Hi,

Yes we do have...request you to please go through the following url's

http://www.achiieversequitiesltd.com/static/ResearchDownload.aspx?id=11

http://www.achiieversequitiesltd.com/static/researchdownload/commodityparityprice.aspx

Happy Trading !!!

This is really very interesting. Thanks.

Regards.

PS: Do you give these Calls to all your clients or for this clients have to subscribe separately ?