hi to one and all

Hi friends

Im Gilbert and im just a beginner in day trading....im using angel broking...can some one say on what parameters the brokerage is calculated....because

i bough siemens @ rupees 438.00 at delivery mode for 11 shares

and i was charged brokerage rate @ 2.1900 per share so total brokerage amount is Rs.24.09.

Please someone explain...so that i know how much to sell it in future so that even with the brokerage i can earn profit.

Hi meetgilli,
Brokerage is just a fees charged by broker to render his service i.e to make a deal between buyer and seller. They charge some % brokerage on both the party.

Regards,
Conan

yes i understand that but can it also be charged at rupees 2 per share....each share cost rupees 438.00 so if in delivery mode normally i was told that it would be 0.50 paisa but i dont understand how it was charged rupess 2.19 for me...if i know that calculation it would be helpful for me...