Author: 5rupees

How to find a BUY scrip with open high low same strategy?

February 9, 2018

Collect opening rates for Nifty-50 stocks Find the scrips with open = low and they are your your BUY scrips Enter the trade after 15-30 minutes of trade if the opening low is not breached Keep a stop few ticks below the opening low Keep a 1.5% to 2% profit target intraday basis Do not […]

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Know the difference between NRE and NRO account

February 1, 2018

Many NRIs are often faced with the situation of maintaining a Rupee account in India. There are two options available with NRI interested in opening bank account in India – NRE or NRO account. Read this space to know the difference between these two accounts and know when to choose what account. A Non-Resident Indian […]

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NRI Trading Account with Zerodha

February 1, 2018

Zerodha opened its doors for NRIs to trade in India @ Brokerage of Rs 200 /executed order for both Equity & F&O. As of now they are only servicing clients having PIS account with Axis or HDFC bank. Accounts in other banks will be served shortly. Intraday equity trading, currency trading and Commodity trading is […]

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Documents required to open a NRI -NRO trading and demat account

February 1, 2018

Dear fellow NRI Investor/Trader, The below  article  is our effort to simplify what goes into opening a NRI trading and demat account for investing in the Indian Stock Exchanges through the PIS route. Open an NRE/NRO savings bank account in India NRE Account? Non-resident External Account (NRE) is a  bank account where both the principal […]

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Jio latest plans and offers 2018

January 28, 2018

In a major push today, Reliance Jio revamped most of its existing prepaid recharge plans. Jio’s new offerings are a part of ‘Republic Day offer’, a statement released by the company said. Jio’s new prepaid recharge plans are now priced at Rs. 148, Rs. 198, Rs. 299, Rs. 349, Rs. 398, Rs. 399, Rs. 448, […]

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Cash Flow -Term of the Day

January 25, 2018

Cash flow is the net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company’s liquid assets are increasing, enabling it to settle debts, reinvest in its business, return money to shareholders, pay expenses and provide a buffer against future financial challenges. Negative cash flow indicates […]

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Upcoming IPO ‘s

January 24, 2018

1. Newgen Software Technologies IPO Allotment Status is now available online Allotment Status is now available online for Newgen Software Technologies Limited IPO, Delhi-based Software Product Company which offers product and platform that enables organizations to rapidly develop powerful software applications. Issue was over subscribed 8.25 times (5.18 times in retail). It will list on […]

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Discount Brokerage firm Zerodha plans three million user base in three-years

January 24, 2018

The company’s user base grew by 204 per cent in 2017-18 compared to the last fiscal. It has now a user base of over 0.6 million. Zerodha, technology-driven zero brokerage firm, has set target to have three million user base in three years. The company’s user base grew by 204 per cent in 2017-18 compared […]

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TRI-Mutual Fund Investors Must Care About this New TRI Benchmark

January 23, 2018

What’s TRI? It’s something a mutual fund investor should know. TRI, or Total Return Index, tracks both the capital gains of a scheme and assumes that any cash distribution, such as dividends, are reinvested back into the index. Markets regulator SEBI released a circular on Jan. 4 asking fund houses to benchmark a scheme’s performance […]

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