Nifty, Bank Index & Stocks Ideas - 5 July 2010 (Update)


3 comments:

  1. hi
    I have update the above table.
    Added ICICI Bank stock future levels as well
    I will be trading ICICI bank for this week along with bank nifty.ICICI has a better ATR(higher atr percentage than bank nifty)that is why it will tracked here.

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  2. Anuj,
    Am paying the following:
    buy sell
    Rs. 1crore 1 crore
    stamp duty 200 200
    STT 1700 NIL
    TRANSACTION
    CHARGES with ST 298 298
    BROKERAGE WITH ST 896 896

    TOTAL 3094 1394


    Assuming price of Nifty as 5000 i.e. 2000 Nifty that I can buy for Rs 1 cr than for buying I pay Rs.1.547 per Nifty and on Sale Rs 0.697 or in term of lot size for Nifty 50 it translates to Rs 77.35 on buying and Rs. 34.85 for selling.
    For low ticket size trading the brokerage only would go up to Rs.1200-1500 plus ST per crore.By low ticket size I would mean turnover of below 40-50 lacs.
    Hope this helps.
    manoj

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  3. Thanks Manojag for the detailed explanation

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