Comment on MCX - Profit/Loss for every 1 Rs change

Ajax Titan commented on 29 Jul 2017, 09:46 PM

Problem about calculating profit & brokerage via ZERODHA brokerage calculator

First I went to https://zerodha.com/margin-calculator/Commodity/

I went to Crude Oil Mini (CRUDEOILM). I used calculate button.

Current market price of CRUDEOILM is Rs.3188. I entered that price in calculator &
told that cash available with me is Rs. 6000. So it gave me following things:

NRML-1 (3063)
MIS-3 (1531)

So, Under NRML I can buy 1 lot & under MIS 3 lots.

So, now I came to https://zerodha.com/brokerage-calculator

In Brokerage calculator, I was asked following things:
1) Commodity 2) Buy price 3) Sell price 4) Quantity

I am buying for MIS. I choose

1) Commidity – CRUDEOILM
2) Buy – 3188
3) Sell – 3199
4) Quantity – 3

QUESTION: Is my quantity entered in calculator correct ? Or should I enter quantity
as 3 or 1531 ?

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