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19%
1.41 

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Verified Member MouthShut Verified Member
Burdwan India
Just waste of money. worst ever seen.
May 22, 2017 09:30 PM 28628 Views
(Updated May 22, 2017 09:56 PM)

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I am a full time trader, investor and also a research Anasultanlyst. I simply told do not go with HDFC securities. real scenario: I buy 1000 reliance share with e margin. price was 1415 my target was 13-18 point. and it was BTST(buy today sell tomorrow). I am not aware there charges. and I aishwaryasingh23 around 6 lac. I told my relationship mAnasultanger to place the order after placing the order he informed me my break even point(means no loss no profit) is 1438- 1439 approx(including brokerage and taxes). I was socked. its really tough. with e margin I have to sell with in 5 days. I was very lucky. because next day the stock price hit high which was 1447. and I square off my position at 1445. I was lucky because its rare. everyday you can not expect this volatility. net profit was 30000/-. imagine I got 7000/-. . so I suggest every one do not go with HDFC securities. nothing there. believe me. then also my relationship mAnasultanger guide totally wrong way only for brokerage. and trade without strategy. he purchased 10400(260 lot) bank nifty 21700 ce option just for brokerage using my money.(still my average premium was 83 per unit).  then again break even was around 93. so premium goes up to 95. but still he dint exit my position. end of expiry he make loss around 8 lac. even I worked with them live. so simply they are fraud. they just using their brand name HDFC. nothing else.if you really want to make money(like 50000 - 400000 daily basis). go with zerodha. my daily average profit is approx 4 lac to 5 lac .because my strategy working properly. simply their brokerage is so low even you can make profit easily.because I can square off my position sometimes within few second in intra day.


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