There is hardly any income in India that is not taxed, so you are surely aware that there is an income tax on intraday trading profit in India.
The bearish engulfing pattern is a technical analysis chart pattern, recognised as one of the clearest signs of a price cut action signal.
An inactive trading account is when there has been no trading activity within a specified period.
There was a time when financial literature was rare, and all the analysts and investors relied on their knowledge and gut feeling to execute trades in the market.
Let us put it this way, you can buy 1 stock so if you have Rs 7,500 in your trading account, you can buy 3 shares of Reliance Industries or 5 shares of Infosys. But that is not the point.
Opening a trading account requires you to go through a process called Know Your Client or KYC, which includes submission of key documents to the broker along with the account opening form.
A zero brokerage trading account is a trading account offered by brokerage firms that charges traders no commission fees or brokerage charges for executing trades. Traditional brokerage models involve a commission structure, where traders pay the brokerage firm a certain percentage of their trade value as brokerage fees.
Derivative contracts have become standard financial instruments for people who either want to diversify or hedge against the losses due to unforeseen circumstances.
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