Zerodha or Sharekhan? Please, quick.

Hey guys,

I am a newbie and I signed up for Sharekhan thinking they are the best. However, today on this forum I stumbled upon Zerodha, another promising company offering Trading Account backed with a fixed price per transaction, which is Rs. 20.

Now I am completely new to this business, and my decision heavily relies upon your response: Should I go with Sharekhan or open an account with Zerodha, and ditch Sharekhan?

Any help is much appreciated!

Sharekhan for charting purpose and Zerodha for trading.

Thanks, so if I get this right, I should be using Sharekhan just to track the changes in the market? Open a free account, that is.

And to confirm, Zerodha is the best, right? (Do you have a personal opinion or two about this company?).

I'm so glad to have asked this question. Also, I have been using Rediff money to track the BSE/NSE market, would you recommend something else over this? I'd really appreciate if you can help me out.

If you want to study market with indicators like SMAs,EMAs,RSI,MACD,ROC .....
etc ,that is IN DETAIL, better go for SKhan ,Zerodha does not provide you
any charting worth mentioning.

Alright then, I'll go with Zerodha because transaction fee is what matters the most, I guess.

I can get the same indicators from anywhere, right? Plus I have been able to open a free Sharekhan account and I can see graphs and other tools that I am about to venture into.

In any way, I have seen a lot of people going with Zerodha, and a few of them blaming Sharekhan for their brokerage fee. Let's see...

Hi,

I agree with Columbus and am having the the same combination
"Sharekhan for charting purpose and Zerodha for trading".

NOW quote refresh rate is good - Zerodha
Zerodha 20 rupees Brokerage is the best.(Cash / F&O)

For charting and all I would recommend Amibroker

Regards,
Raju

can i buy amibroker software standard or professional or ultimate edition...

Standard cost Rs. 11000
Professional Rs.16000
Ultimate include AFL Rs.20000

Which is worth buying to learn technical analysis...
I have a basic knowledge of Technical analysis...
I recently joined ZERODHA...

Pl help to choose best technical analysis software...

Today I got a call from Sharekhan staff with whom I had a very frank conversation. I said him about Zerodha, and he noted down the site.

Also, he called me up twice to speak about the benefits and how good their technical analysis tools are. I enquired about the pricing, and he said the only money I need to put in is Rs. 400 annually which is okay with me.

Now I told him I need some time to think. So, I told him I will call back next Monday. Just to confirm, opening an account and not doing transaction from Sharekhan, will this be okay with them?

Like you guys recommended, I'll be using Zerodha for trading, and will be opening an account tomorrow (filling up the form, etc).

Also, Ambibroker sounds like an one-time investment tool, but then, I am a newbie so I should avoid making long jumps straight away.

dude i wuldnt recomend jumping into ami as of now.first start ur trading then build some exp + capital and use the profit u got from trading to buy other trade related software till then use SK

With Amibroker, you would also have to pay monthly for the data feed, right ? Also does amibroker have any AMC charges ?