Zerodha - Number One Discount Broker in India

Trader J

Well-Known Member
Dear Zerodha,

I just checked marketintel/InsiderTrading. I just select sintex industries ltd, which was sold by Deutsche Securities Mauritius Ltd on 4th October 2013 Qty 10,23,767 (50% of 5% holding) as per chart rate may be Rs 22, but from that day Sintex zooming to Rs 35 (Today)

So how you say that the insider trading will help the investors ?
 
With your cover order facility one can trade Nifty Futures with 7k amount, so how much 'minimum amount' one needs to have in trading account to use this facility? 10k or 25k?

Thanks
 

Zerodha

Well-Known Member
Dear Zerodha,

I just checked marketintel/InsiderTrading. I just select sintex industries ltd, which was sold by Deutsche Securities Mauritius Ltd on 4th October 2013 Qty 10,23,767 (50% of 5% holding) as per chart rate may be Rs 22, but from that day Sintex zooming to Rs 35 (Today)

So how you say that the insider trading will help the investors ?
J, this lets you get to know what insiders are doing, it helps to know which side of the trade they are on, but do note that insiders may not really be right most of the time.. I guess they would have sold on the bounce in the markets expecting market to top out like a lot of traders would have done in the last 20 days..
 
What is ZITIR?
ZITIR (Zerodha Insider Trading Impact Rating) is a sentiment analysis indicator and proprietary indicator from Zerodha derived from insider trading. It suggests what insiders are feeling about their company based on the trades they have made over the last 6 months in terms of bullish, bearish or neutral.


Zittr HDFC Bank

Who is an insider?
Insiders are individuals with access to non-public information about a company and are usually the Promoters, CAs, Employees etc. of it. Zerodha Insider Trading tool let’s you track any significant trade by insiders of listed NSE/BSE companies and keeps you updated on what people who are privy to more information than you are doing with their stock.



zerodha insider trading tool

What information you can get from ZITIR?

Whenever the promoter is selling his stake in a hurry on the exchanges, ZITIR will spot it for you.

where i can access the ZITIR indicator?
You can access ZITIR indicator here
http://zerodha.com/marketintel/InsiderTrading/

How far this indicator would be useful in your investment decision. Like to hear more from you.

Thanks to marketcalls....
 

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