Well doing some more transactions found that whatever actual profit you make in delivery, the net you get is almost one third of that. Today I made a profit of around Rs133 and out of that Sharekhan deducted around Rs92 as selling side brokerage+other charges. I got only Rs41 after doing all the hard work
. Although I am new and doing small transactions, but looking at this, I think if I make huge transactions then major profit margin will be eaten away by the sharekhan only. For delivery they are not only taking away brokerage for buying, but also substantial amount in selling. And if your shares goes down, all risk will be yours as they will still make the fixed money.
Can anyone suggest the firm who is not charging Min delivery charges along with brokerage percentage and support for online trading.