Hi abhishek
As per my knowledge you are still paying much.If you trade in quantity then it is very good but for small quantity like 25 ,50 ,100 tata steel is very high
Suppose you put a limit to buy 100 tata steel and it comes in three part
then what ?
Look at one of my transaction
buy tata steel 169 at 516.44 = 87278.36
sell tata stel 169 at 516.85 = 87347.65
Gros profil = 69.29
Total Turn over = 174626
Borkerage 0.025 = 43.66
stt 0.025 on selling side = 21.83
ser tax 11.64 on brokrage = 5.08
Nse charges0.00325 on T.o = 5.68
Stamp duty 0.002 On T.O = 3.49
sebi tax 0.0001 ON T.o = 0.17
So total my brokrage = 79.91 (174626 % 0.046 )
with all taxes
My net Loss =69.29- 79.91
I have to pay my broker =10.62
I dont know why there is different in service tax but this is avarage
Hope this May help
Thanks
As per my knowledge you are still paying much.If you trade in quantity then it is very good but for small quantity like 25 ,50 ,100 tata steel is very high
Suppose you put a limit to buy 100 tata steel and it comes in three part
then what ?
Look at one of my transaction
buy tata steel 169 at 516.44 = 87278.36
sell tata stel 169 at 516.85 = 87347.65
Gros profil = 69.29
Total Turn over = 174626
Borkerage 0.025 = 43.66
stt 0.025 on selling side = 21.83
ser tax 11.64 on brokrage = 5.08
Nse charges0.00325 on T.o = 5.68
Stamp duty 0.002 On T.O = 3.49
sebi tax 0.0001 ON T.o = 0.17
So total my brokrage = 79.91 (174626 % 0.046 )
with all taxes
My net Loss =69.29- 79.91
I have to pay my broker =10.62
I dont know why there is different in service tax but this is avarage
Hope this May help
Thanks
Yes you are right !!! but in case of Tata Steel i have experienced that whenever you ask for a larger quantity, it takes time to accept the total shares :annoyed:
As a trader you should immediately buy & sell !!!
With a larger quantity it is little difficult !!!!
Whenever there is a huge volume, no problem :thumb:
By the way , which is your broker ???????
is he cheaper than RK ?????