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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Zerodha
Your friendly neighborhood discount brokerage
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.
pl explain sl order to enter new positions with example
Explained on this post.
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.
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.