Business Standard: Zerodha aims to be among the top three online trading firms in 2 years
Business Standard talks to Nithin Kamath, Founder/ CEO of Zerodha about the future goals of the company.
Zerodha, a Bangalore-based online broking and trading start-up, targets to be among the top three online trading firms in terms of turnover in India over the next three years.
Zerodha, which started operations in August 2010 with a brokerage-free model where traders pay only Rs 20 per transaction irrespective of the trade size, has seen a 10-fold growth in the last two years. The start-up platform now clocks an average turnover of Rs 3,000-Rs 3,500 crore per day.
“We target to grow three-times of our current turnover over the next two-three years,” Nithin Kamath, founder and chief executive officer of Zerodha, told Business Standard.
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DEAR SIR, SORRY FOR ABOVE COMMENT I PUT SOME WRONG INPUT IN THE ABOVE COMMENT
MY QUESTION IS THAT TODAY ON 11/22/2018 IN THE MORNING AT 9:30 A.M
I PLACED MY CNC BUY ORDER USING SL-M, BUT THE ORDER GET REJECTED, FIRST OF ALL I WANT TO KNOW, CAN WE PLACE FRESH BUY ORDER IN EQUITY(CNC) AND ALSO SELL ORDER BY USING SL-M ORDER AND SETTING THE TRIGGER PRICE OBVIOUSLY ABOVE THE CMP PRICE. ACTUALLY I WANT TO BUY TATA MOTOR AT 1Rs BELOW THE CMP(CURRENT MARKET PRICE), AND I AM ALSO VERY EAGER TO KNOW WHY MY TRIGGER PRICE SHOW 184.80 INSTEAD OF WHAT I PUT FOR BUYING OF Rs 184/-.,CLARIFY VERY CLEARLY HOW TO USE SL-M ORDER AND WHY MY TRIGGER PRICE SHOW 184.80 INSTEAD OF 184 THANK YOU.
Dear sir pl explain me how to place stop loss orders.
Now condition .1. I have bought a stock at 100 luckily the price has gone to 110.now Iam scared price may come down so I want to place a sell order at 115 with stop loss at 105.that means I want to make profit of at least 5.
Similarly by bad luck the stock has come down to 95 and to avoid further more losses I want to sell place stop loss sell order at 90. That means. I don’t want to loose more than rs 10.
Pl explain me how to place the orders.
1. Sell limit 115. Sell SL-M limit 105
2. Sell SL-M limit at 90.
In case 2 where I am loosing can I place sell limit order at 105 and stop loss limit order at 90
yes u can.
pl explain sl order to enter new positions with example
Explained on this post.
My MOBILE NO. +917765917739 &I would be trading on the mobile App as soon as it is available on my tablet.
You can use kite.zerodha.com until the mobile app is ready.