I have Rs.10000 to invest. can i buy reliance petro shares out of it and if so, how?

Sure Arati,as I always said 'No Risk No Gain' I grow Rich because I take a risk,but I take a systematic risk I just don't blindly follow the crowd,study always study,be systematic and be ready to reshuffle your Portfolio whenever necessary,buy-sell,and you will have no other alternative but to grow Rich,

no
trade in gold after study

more on my blog

hi arti,

1.The first and most u shd have demat a/c to buy/sell stocks, mf,derivatives,options,ulip etc,,,if u hav demat a/c its quite easy..
2. i hope u dont hav DEmat a/c. u need t open demat a/c online.the question is wht options we have ..a)icici direct b)share khan c) reliance money d) india bulls e) religrade f) kotak g) one paisa .com..like ths tht r many options..u can open online demat a/c wth ths clients..so ur doubt is which is better in terms of cost(c), quality (q)and service.(s).right??

3) if u g fr icicidirect..service excellent.qulaity good but cost very very exorbitant..sharekhan is good..in terms of CQS..u can hav same service and quality wth lesser charges from sharekhan whn compared t others like icicidirect.. Reliance money newly launched but poor service..it has LOWEST charges (trading charges) than anyone in the market,,i hav taken ths becoz i m not a regular trader but i wd g fr IPOs and major shares like REL,SUZLON, etc..so it doesnt mater abt service..price is low,same quality..and i wd sell in a week or two and again buy shares..wht i mean t say is For offline trader Reliance money is the best..remaining all trading agencies ..nt gd in terms of CQS..

4) the question may be i hav iopened demat a/c..hw wd i buy shares,,,right?? okk..u can add ur shares in a single window through ur demat a/c and watch the market live..u have buy/sell option details in the same window where u r watching market..u can fix ur price and trigger fr purchase or sale..ie..if u hav seen rs 240/- as RPL per share..u expect RPL t fall dow @ rs 220/-,,u can put ur price and auto purchase wd be generated..if RPL touches Rs 220/-.. th same is scenario wth selling too..if RPL Rising ..thn u may fix fr SAY rs 280/-..if RPL touches 280/-..ur order executed..

5) the question may be now..hw d i link my monet t this demat a/c..t buy shares..simple ..u transfer money from any of our online savings/current a/c to demat a/c..thts it..pls SEE tht u shd hav sufficient money in demat a/c t buy shares....

6) now ur quite comfortable,,th real game starts hr...hw t make profit?? he he he..u buy share fr rs 100/- say..u w sell fr 150/-..whts ur profit ----Rs 50/-..??? not at all..bcoz thr r lot of trading charges for th trader (u) t buy/sell shares etc..

a)brokerage charges
b)service tax on brokerage
c) surcharge on service tax
d) STT charges
e)stamp charges
f)turnover charges
g)extra if any

all ths charges may be or may nt be applicable..,,tht depends on agency u choose..it also varies from intraday and inter day ..sale/purchase,,

AS A THUMB RULE,,always SELL shares whn u hav gained 5% change (increase) in share value..fr examp u hav purchased RPL share @ Rs 250/- of 400 scrips==Rs 1 lac..okk..whn wd u sell it?? u sell @ 5% more margin thn w bought??? okk..say @ Rs 262.5..=105000..deducting all charges u may gt profit of Rs 2500+..pls note tht u hav income tax on ths as short term gain..

Thnk +5% more whn u sell somethng..and purchase whn market falls..ths is common principle..

always wtch market dynamics..etc.frst learn from othr sources like web..,,magazines,,economic times etc..abt reviews of experts..

all d best,,

Contrary to popular opinion, my view on Reliance Petro is currently negative. Last week also I had posted my view that Reliance Petro's charts have turned clearly negative on 16th November and hence the stock is to be avoided. From 16th Nov to now, the stock has fallen from 214 to 198 levels. Can it fall further ? Yes. Should we buy at these levels assuming it has fallen enough ? No. Never buy a stock whose charts are negative. You may get caught on the wrong side for a long time. Wait for the charts to turn postive and then enter the market with confidence.

You could checkout www.technicalwealth.com if you are interested in being alerted when the charts of this stock turn positive.

yes. you can invest in reliance petro shares. the future is really good for this stock. just invest and leave it for a year or two and watch the it grow. before that you need to have a demat account and a trading account. a demat account is a account which holds your stocks (just like money held in your bank account). to trade those stocks you also need to have a trading account through which you can buy or sell stocks. so find a broker who has the facility to open both a Demat account and a Trading account. the formalities are very simple.

http://www.scottrade.com/LP/Open-Account/?cid=362

make sure you do your research before buying the share.

http://finance.yahoo.com/q?s=RPL.NS

wow this company is pretty volatile. Good luck

Also, the price has been surging lately, I will not be surprise if it goes back down pretty soon.

please diversify with your 10000 or you will be crying big time.

All Petro shares are doing good. you can invest in petro shares, but now (27th Nov 11am) shares are going negative. But for long times investment it is OK

You have to open a DP account in NSE or BSE share market through an agent and then you have to buy through them . There will be lot of formalities like Pan card, permanent address, photo proof, bank account. etc. You will experience everything this time when you buy your shares. All the Best. Yours,
VRVRAO

please check the price of the particular share.

It is about 200. it's short term target is 600.

The news: operation of RPL is commencining before time

contact nearby stockbroker or attach ur bank account to demat account and purchase the shares

You can buy as it is a good share. You will get around 50 shares at the price prevailing to-day. If you are having a demat account you can instruct your demat agency to buy for you by remitting the money.

The this amount, i will suggest you to go for MF than shares. However, if you want to play big then look for investing in stocks directly. Then you need to do more home work like long term, short term investments or both etc. Based on that you can decide what company/stock.

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