Anybody from tamilnadu trading NF /BNF intraday with break even less than 2 points ??/ Because of Stamp duty of 0.06% for F&O in tamil nadu, my breakeven goes above 3 points in NF , 6 points in BNF..
so only for brokerage+charges i have to gain around 120 points in NF and 240 points in BNF assuming 2 trades per day, apart from this there is slippages while placing SL-M for exit order...
Is it really worth to trade INDEX Futures or F&O in NSE ???
PS
I trade crudeoil with only just .5 point breakeven as there is no stamp duty for crude oil..