Day Trading Stocks & Futures

[iwillwin]

Today was close>open, keep today's low as initial stop loss.

stopped out...now watching where it closes

 

[vivektrader]

stopped out...now watching where it closes

Bullish candle low is an aggressive stoploss, one can always re-enter. System stoploss lies at around 2260. Volatility is high in general, so aggressive SLs are likely to hit.
It has clawed back a little.

 

[lemondew]

Many banks allow you to increase decrease limits with some validations. So you can increase limit for transfer and then bring it down back.

Yeah, icici savings for example has 20L limit - 10 for NEFT/RTGS and 10 for net banking. One workaround for that can be Zerodha 3 in 1 with IDFC First.

 

[lemondew]

I think icici should also be having that facility

 

[vivektrader]

Yeah, icici savings for example has 20L limit - 10 for NEFT/RTGS and 10 for net banking. One workaround for that can be Zerodha 3 in 1 with IDFC First.

There is no upper limit for RTGS transactions, lower limit is 1lakh.
Attaching FAQs regarding RTGS (ICICI bank)

 

[TracerBullet]

Many banks allow you to increase decrease limits with some validations. So you can increase limit for transfer and then bring it down back.

yeah, hopefully icici will allow increasing it.
This is not the same as debit card limits. I think 10L per day is a hard limit for ICICI savings account for Neft/rtgs. Current account/corporate accounts wont have this issue. We can get extra 10L through netbanking/gateway and then that's it for the day.

There is no upper limit for RTGS transactions, lower limit is 1lakh.
Attaching FAQs regarding RTGS (ICICI bank)

RTGS does not have limits, but ICICI savings account + online does. Otherwise i will have to go to the branch which is not practical for this situation ( quarterly settlement money received around 730 + intraday trading starts at 915).
https://www.icicibank.com/Personal-Banking/onlineservice/online-services/FundsTransfer/rtgs.page
https://www.livemint.com/money/pers...g-high-value-transactions-11599715103435.html

Anyway, will have to see if customer care allows increasing this to higher value. Otherwise, longer term will probably have to open IDFC first account too, just for Zerodha balance.

 

[vivektrader]

yeah, hopefully icici will allow increasing it.
This is not the same as debit card limits. I think 10L per day is a hard limit for ICICI savings account for Neft/rtgs. Current account/corporate accounts wont have this issue. We can get extra 10L through netbanking/gateway and then that's it for the day.



RTGS does not have limits, but ICICI savings account + online does. Otherwise i will have to go to the branch which is not practical for this situation ( quarterly settlement money received around 730 + intraday trading starts at 915).
https://www.icicibank.com/Personal-Banking/onlineservice/online-services/FundsTransfer/rtgs.page
https://www.livemint.com/money/pers...g-high-value-transactions-11599715103435.html

Anyway, will have to see if customer care allows increasing this to higher value. Otherwise, longer term will probably have to open IDFC first account too, just for Zerodha balance.

In HDFC Bank I can alter my daily transaction limit across any mode online itself through netbanking, I am sure ICICI bank must be having similar facility.

 

[brokenbull]

I don't think NEFT is free. Union Bank charges me Rs. 3.26 every time for it. Haven't tried for amounts bigger than 1 lakh.

I have s/b account in Union & Corporation (now union ) . I was not charged for NEFT . but I do have FD's in both (may be because of that as profile average balance goes up )

 

[vikas2131]

i am also tired out of this quarterly settlement nonsense . Is there a way i can stop this quarterly settlement stuff . Transferring large sum of money again and again not great.

 

[Dr. Jan Itor]

Ironically, GE Shipping is flying away...