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The Technical Charts based recommendation from Kavita are highly profitable and the stocks mostly recommended are really profitable ones. I can acknowledge Kavita's genuine effort and her passion, knowledge and a genuine interest in achieving the best for clients is what makes her truly professional. I would highly recommend her to anyone wanting to achieve better financial outcomes through stock investing. I have applied for Elite subscription and it's highly benefitting me in trading and investing.
Ajinkya M | Senior SAP FI | Accenture Solutions Pvt. Ltd.
Stock Market FAQ
Below we’ve provided some info on how we work, stock market, account opening, and stocks in general.
How do I buy stocks in my country?
You will need a trading aka brokerage account with a registered Indian broker to trade stocks on the stock market exchanges like National Stock Exchange and Bombay Stock Exchange. There are several brokers out there like Angel Broking, Anand Rathi, HDFC Securities, UpStoxx, Zerodha etc. and they divided into two broad categories- discount brokers and service brokers. Before deciding on the broker or trading account you need to consider few important points like- ease of use, user interface, brokerage charges, downtime during volatility, backoffice facility for generating various reports related to profit and loss, tax, tradebook, etc. This information and comparision is available on the internet. I personally recommend members to use Zerodha as it offers GTT facility which enables one to set trigger orders for targets, stoploss and buy at support levels or sell at resistance levels. You can use my referral link to open a new account- https://zerodha.com/?c=YE6074
Do I have to pay taxes on any profits I make from stock trading?
Yes, certainly. The tax on profit differs for intraday, positional and long term trading. Planning for the direct and indirect taxes involved in stock trading is very important. Before you start trading it is advisable to familiarise yourself with applicable tax regimes.
What are the charges that come with trading?
The main charges are STT, brokerage, GST. STT is usually the biggest chunck of your charges. However, it is important to check your reports for ad-hoc hidden charges from brokers also. If not careful, as much as 25% of your profits can be wiped out by charges and many times if you have low profits you will be left with losses. I have found Zerodha to be the most transparent in this aspect.
How can I benefit from EXP-Invest?
Successful trading/investing is an outcome of successful stock picking and successful execution. Both tasks are difficult but can be honed with practice. Dedicating 4 to 6 hours everyday for 2-3 years to learn the art of stock picking may not be possible for all people as many are engaged in other businesses and professions. With bearly enough personal or family time, dedicated learning may not be feasible in a practical sense irrespective of aspirations. For such individuals, EXP-Invest is the platform on which they can rely for stock ideas based on sound technical analysis. This eases a major chunck of responsibility for our members. All they need to work on now is their execution skills which requires disciplined approach and emotional control. In addition to stock picks EXP-Invest also aides its members in becoming disciplined by helping them navigate the emotional turmoils which are experienced with market ups and downs to deliver real time learning to members simply by WhatsApp chats.
If you have a question that has not been answered above, please ask the same in the contact us section below and we will get back to you at the earliest!