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