thanks for your quick reply. I thought about sharekhan, but I have my eyes on ICICI also, as it is very easy for moving money between demat and savings account.
your words
are perfect match for me. I really dont want to trade much, just buy some shares when they are down and sell them after 2 or 3 months if they are in gain, else even I dont mind waiting for 1 year to get gain or loose completely.
and my second question is this
If I buy a 10 share with a cost of 10,000 Rs, i.e assume each share is 1,000Rs. How much ICICI costs for me?
I really dont understand this brokerage language of trading.
My next question is
After one year I want to sell this 10 shares. At what price it is good to sell, if I expect an interest rate of 15% per annum on my investment?
My plain calculations give me 10,000Rs + 1,500Rs = 11,500Rs. But as there will be brokerages when buying and selling, this value is to be increased furthur. Please provide calculation for me or atleast how much percent I must aim to get 15% on shared I bought?
sorry for long message
Thank you,
Madhu