Zerodha....

[Zerodha]

TO ZERODHA,
Is ncdex scrips can be bought once the nest is live?

NCDEX will still take sometime before we go live..

 

[nrc4u]

zerodha why u r not starting ncdex
you have taken long time to start mcx commodity
in this period u easily got ncdex membership

 

[shekharz]

Zerodha

I still am unable to login to NEST Trader. Please do inform us all when it is going to be activated for clients.

shekharz

 

[ksp191]

To zerodha,
CURRENCY trading possible after nest goes live?

 

[Zerodha]

To zerodha,
CURRENCY trading possible after nest goes live?

We are already live on Currency trading on NOW.. Yes you can also do it on NEST

 

[Morkeus]

Hi Morkeus...

Trading equity with us, you get 2 product types.

1. MIS, Margin intraday square offs, where you can buy or sell upto 10 times the money in your account...

2. CNC, only to the extent of money in your account...

In the example above, assume you had initially bought the stocks with MIS product(intraday trade), now you want to keep it overnight... In this case you have to convert this trade of yours from MIS to CNC. To do this

a. you need to have 100% margin in your account
b. Go to f8 trade book, click on the MIS trade where you had bought this for intraday. at the bottom of the page you can see a link called position conversion. Click on this and convert from MIS to CNC. Now your stock would be taken for delivery...

Assume you don't do this till 3.10pm, at 3.10pm all MIS positions will be automatically squared off by the system.

Hopefully this clarifies...

Cheers

Thank you for all explanations.

However I want one more thing to be clarified. If I have Rs. 25000 cash in my account and I buy Rs. 20000 worth stocks in Intraday but decide I want to keep it overnight. So will I still have to convert from Intraday to Delivery or will that be done automatically(as is done, as I mentioned, by Motilal Oswal as long as I have cash in the account) at 3:10 PM? Or will it be squared off no matter what the profit/loss?

 

[ashishv30]

can we trade FNO on NEST ? When is the switch happening for FNO ?

 

[ksp191]

can we trade FNO on NEST ? When is the switch happening for FNO ?

yes you can but after 1-2 weeks

 

[Zerodha]

Thank you for all explanations.

However I want one more thing to be clarified. If I have Rs. 25000 cash in my account and I buy Rs. 20000 worth stocks in Intraday but decide I want to keep it overnight. So will I still have to convert from Intraday to Delivery or will that be done automatically(as is done, as I mentioned, by Motilal Oswal as long as I have cash in the account) at 3:10 PM? Or will it be squared off no matter what the profit/loss?

When buying a stock if you do in MIS(intraday product) you still have to convert manually... But if you buy to begin with in CNC, you don't have to do anythign...

 

[akashji]

Charting by Zerodha...

Hi Everyone,

I am a newbie to traderji as well as to trading. Would open my trading account soon and was researching on which would be the best broker for me.

Have read a lot of good reviews about Zerodha and it looks great compared to other brokers when it comes to brokerage charged, for all kinds of trading.

Haven't read much about their charting support.

Does Zerodha provide charting support and how good is it? Or do we have to use NSE TAME? TAME is just about ok.

I am going to rely on Technical Analysis for my trading decisions and hence its very imp for me to have a platform which gives good charting support.

Expecting a reply from Zerodha or its users.

Thanx.