new and need help

K

kirtibas

Member
#1
#1
i am very much new in trading ..
my broker : angel broking
i have trading & demat a/c with angel
i trade online via angel diet
1> i am very confused about my trading limit some day i cant trade since my a/c locked due to trading limit reached

2> i dont under stand the margin statement send by my broker (since after each trading day they send me two mail one is how many i shares i buy / sell and one margin statement email)
MARGIN STATEMENT FOR THE DAY - (NSE CAPITAL MARKET SEGMENT)
TOTAL MARGIN DEPOSIT (UPTO DAY T-1) FD BG SEC CASH TOTAL
0.00 0.00 15620.75 -17276.47 -1655.72

MARGIN UTILIZED UPTO TO THE END OF DAY T-1 3129.57

MARGIN DEPOSIT ON DAY T FD BG SEC CASH TOTAL
0.00 0.00 -14120.94 0.00 -14120.94

MARGIN ADJUSTMENTS FOR DAY T 8087.61

MARGIN STATUS AT THE END OF DAY T -26993.85
Click to expand...
3> on 20/05/2009 i buy 195 SATYAM COMP @ 45.95 when today i try to sell 100 share they call me and inform me that "i have only 75 shares since 120 share short from exchange". i cant get there point

4> when i ask them "how to know how many shares are there im my demat a/c" they told i have to call there back office people to know.
any way to access my demat ac online??


looking forward help and advice

thanks and regard
kirtibas
 
I

imperfect_angel

New Member
#2
#2

1> i am very confused about my trading limit some day i cant trade since my a/c locked due to trading limit reached

2> i dont under stand the margin statement send by my broker (since after each trading day they send me two mail one is how many i shares i buy / sell and one margin statement email)

MARGIN STATEMENT FOR THE DAY - (NSE CAPITAL MARKET SEGMENT)
TOTAL MARGIN DEPOSIT (UPTO DAY T-1) FD BG SEC CASH TOTAL
0.00 0.00 15620.75 -17276.47 -1655.72

MARGIN UTILIZED UPTO TO THE END OF DAY T-1 3129.57

MARGIN DEPOSIT ON DAY T FD BG SEC CASH TOTAL
0.00 0.00 -14120.94 0.00 -14120.94

MARGIN ADJUSTMENTS FOR DAY T 8087.61

MARGIN STATUS AT THE END OF DAY T -26993.85
Click to expand...



I have just opened an account with angel broking and like you I am also confused with their margin statement which they send after every trading day.

I would really appreciate, if a senior member take time out to explain this.

kirtibas ji, as your post is an old one, if you have now understood what it means and how it is calculated please explain it to me.

thanks and regards
 
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