Hi,

I am very beginner to the share market,Now i am Planning to Invest.
I have lot of basic questions, so thought of asking some experts for answers,
Kindly plz.. answer to all of my questions It will be really a big help to me.

Questions:

1.) I know that tO trade shares i need Dmat and Trading account so through which trading account(Best) i can trade
all BSE and NSE share?

2.) First of all i am planning to start with small investment like Rs 10,000/-
So iam Planning to buy small shares which are having value Less then RS 1/-.I am planning to
buy shares like 0.35 Paise ,0.50 paise … ,like these kind of shares,so can i buy these shares
through online ,i mean can i trade these kind of shares also.

3.) What are the online charges(Broker charges),and
FOr how much i have to pay, for eg : if I bought shares for Rs 5000/- and i sold those for 6000/- then i have to pay
for Rs 6000/- or for 11000 (5000+6000)

4.)From the day when i thought of investing in shares that day onwards i am looking
ICICI DIRECT.com website for the list of all shares and prices, but one day i found that one share name is missing which iam observing everyday,why it happened and basing on what conditions it occurs and i tried to see the price of the same share
in rediff.com i got a messsage that no data available.when these kind of situations we will face..?

5.)I observed some symbols just beside the share price what i understanded by those symbols is if there is an upward arrow then share price got increased if it is downward then the share price got decreased but some times i am seeing a symbol like "<>" and i searched for this symbol in rediff i found that this is equal to MF holdings,MF means Mutual Funds i think so, but why this symbol is coming by the side of the share price?what does it mean

6.)If i take any trading any account from any Broker they will provide me any software to see my share prices,or i need to get any other software from net

7.)Is there any free software so that i can download ,through which i can view very latest share prices and sort according to the price and see the 52 weeks low price
last weeks low price and current price in serial columns and can add any other information basing on my own criteria? and tell me the best free software which you
are using.

8.)At what time i can buy and sell shares only at market times i.e: mornign 9:55 Am to eve 3:30 Pm from Monday to Friday or i can buy and sell at any time

9.)how many shares of a same company i can buy at a time. is there any limitation
how can we know how many shares are free to buy i mean how many shares are there for a particular company to buy,and how many we can buy.

10.) How the broker will know what type of trade iam going to do (Intra Day or Inter Day)
I need to Inform him before.Suppose i informed him as Intra day and can i keep those shares and can i tell that iam switching into Inter day what is the procedure?Please tell me in detail…i dont know any thing about it.

11.)Right now iam seeing in ICICI DIRECT.com and Rediff.com for the Prices, in both sites the prices are not matching. iam confused.Tell me one best site or any best alternative way to see the very latest and current share prices of all types and and of all range.

Is my idea is good to buy small shares Please advise me.
Please respond to all these questions I will be very Thank full to you.Thank you Thank you Thank you very much.

Well well welcome to the trading world.

1. Go for Reliance money – which has no brokerage, no commission, no tax.

2. Rs. 10,000 is not a small amount. I can hold volumes. There are n number of penny stocks (paisa stocks less than a Re.), but these stocks doesn’t give u immediate profits, it is only for long term buyers. Instead there are good stocks fluctuating every day. Have a watch word through news, webpages etc. and u can easily make good deals every day.

3. If at all u have brokerage, it is for the amount u buy or for the amount u sell only and not for your whole amount.

4. ICICIDIRECT is good, but u have better sites, use www.moneycontrol.com to view your stocks (dummy view only). When it comes to trading, use Reliance money or Religare or Indiabulls. (These 3 are the best of all in order.)

5. For a beginner, those symbols are not necessary, although u will come to know about it automatically when u become a master of trade.

6. Everything will be provided from the company u trade with, Reliance money has got no software, but uses its web pages only. www.reliancemoney.com and other companies have their own s/w provided to u.

7.www.moneycontrol.com is the best. Use it to view your holding stocks. It is just like a trade game which runs live along with the share market.

8. Only during market hours. Moreover u can book it during other hours, but it will be bought only during markets opening and if your price matches.

9. U can buy as much as u want, it checks with u purchase limit u hold before it confirms. Number of shares floated for the day can be seen in the volume column. When we buy, the volume decreases and when we sell it increases.

10. Everything is with a click of a button, u can convert from intraday to delivery (interday). You dont have to inform the broker.

11. Go for moneycontrol.com it gives accurate prices. U know the prices change within milliseconds and each and every company have their own time, that is why there is price variation. Stick to your broking companies price, ultimately, u r going to buy for that price only,

No body earns just like that, everything has hard work within. Analyse and work on it. Buying small share does not allow u to sit in from of the monitor looking at markets daily as it will increase by 1 paisa or 2 only, which wont help in intraday. Study carefully and work on it.

ALL THE BEST!