IPO, is the first sale of stock by a company to the public. A company can raise money by issuing either debt or equity. If the company has never issued equity to the public, it's known as an IPO.
Why do the company go public?
The existing private shareholder might want to make an "exit" and sell their shareholders to public.
The company might want to make an expansion or an acquisition or to have some more money in the bank
Both the combination of the above point.
@Rahul00792 I think Zerodha tops the list of best stock broking in India. Its user friendly platform, cool apps, supportive customer support are impressive. My vote goes to Zerodha only. A great trading platform!
Thanks for asking this question.
Stock exchange is a place where investor buy and sell the shares of a company. As of now there are 23 SEBI approved Stock Exchanges in the country. Stock market is managed and regulated by the Securities and Exchange Board of India (SEBI). Indian stock exchanges may refer to the 18 official stock exchanges located in India, the largest of which are the NSE and BSE.
@ishaantsingh013 Hi Ishaant, You seemed to have done a lot of research on Intraday trading and related apps. There's another good one "StockEdge" App also. One of the popular Stock market analytics app in India. I like this personally.
You can get regular updates, technical & fundamental analytics through this stock trading app.
Here I shall do an exclusive ZERODHA STREAK REVIEW, highlighting its features, pricing and important details.
Trading in today’s time has been easy as there are so many products to help you navigate through different options and opportunities. Zerodha Company is stated as India’s largest and the best-rated trading platform.
"Zerodha Streak" is one of the many useful products offered by the robust company. In fact, "Streak" is an online algo trading platform for which you require no coding skills. Many of us struggle with trading algorithms due to lack of coding skills. Therefore, Streak presents itself as a solution to this persistent dilemma.
So, let's see now...
What is Zerodha "STREAK"?
Streak is an extension to Kite. Streak is the world’s first retail Algo trading platform for which you don't require any coding skills. It serves around 9 million customers and has integrated with Zerodha, India’s largest discount broker.
Streak helps you to create more than one million unique algos with various permutations and combinations with the help of more than seventy indicators.
You are able to create strategies within a minute.
Backtest these strategies on historical market data and deploy these strategies live in the market. Backtesting is a process of assessing a strategy’s effectiveness in generating profit by analyzing and applying a set of rules to historical data. The streak has the most powerful backtesting engine in the world that generates performance metrics for multiple stocks in a single click.
The streak interface is simple to understand, intuitive in its approach and extremely easy to work upon.
How does Streak work?
Streak works in 3 simple steps:
1. Create Algorithm:
You can create an algorithm just by few clicks. The algo creation system is user-friendly wherein you can enter stop loss and target profit percentage after selecting the stocks you want to trade with.
You can easily test these created algorithms. Streak has a powerful back-testing engine that generates performance metrics for multiple stocks in just one click.
Once after creating and testing these algorithms, you can deploy them in the market as per your need and requirement.
Zerodha Streak: Features to Know
1. Mutiple condition for creating algorithm: The user can add up to 5 conditions to their strategic algo to enable the user to track the progress of their portfolio.
2. Technical Indicators: Streak has all the popular technical indicators such as Bollinger bands, Supertrend, Moving averages, RSI, Momentum Indicator and more. Chart patterns such as Spinning top and Engulfing pattern are also available on the platform.
3. Backtest result display: The user can result displayed for each of their algorithm testings. Each result comprises of a P&L curve, key performance metrics, and a downloadable transactions table.
4. Multiple Scripts deployment: The user can select up to 20 scripts at the same time and deploy them all at once.
5. Mobile Notification: You receive real-time updates on the algo deployed through mobile notifications. All the activities for the day, such as orders placed and worked will show up on the Kite order book. These would be notified to the user through mobile alerts.
How to start using "Streak"?
The product is available through an internet browser. As the product is an extension to "KITE" you can use kite login to access the "Streak" platform and start right away.
Thus, this impressive platform not only enables its users to arrange conditions to empower them to make financial planning easy, but also help you with multiple options to create your own conditions.
What do you think about Zerodha Streak? Have you tried it? Did I miss any important point here? Do share your views pr feedback, if any.
Algorithmic trading has revolutionized currency equities and bond markets globally, making them more efficient. In developed markets such as the US, it stands at approximately 70- 80% of the equity market turnover.
Algorithmic trading in India has also increased up to 49.8% of total turnover from 9.26% in 2010. In March this year, 44.8% of the cash market volume and 48.2% of the equity derivatives market was driven by algo trading, as per NSE data. On the BSE, 37.22% of trade in March 2018 was driven by algo trading.
@Ishu Thanks for sharing details on stock market timings in India. Is the pre-open session in stock market conducted to discover the right stock price? Is the pre-opening session relevant for retail investors? Or the normal trading session is best for a trader? I believe, an investor/ trader buys or sells stocks only in the normal trading session. Right!
@Smart2Investor These days more and more stock brokers are emerging with lucrative and free or less brokerage plans. So, one tends to switch over to a better discount broker or full-service broker as per choice.
And, knowing the process to transfer shares from one demat account to another shall definitely help. Thanks for sharing the same.
@Smart2Investor Yes, the online process of Demat account opening is pretty simpler as compared to offline process as used to be earlier.
Nowadays, the tech driven demat and trading platforms are fully equipped to manage the customer requirements. The digital or paperless account opening process has made things very easier for common man.
@Anmol Hey, did u check stock market went so high. Sensex breached the 40k mark when election counting was going on. It opened high in morning on election result day. But, it closed a bit low at the end of the day. Anyways the election impact is not long term so market will stabilize soon.
@Anmol I won't say it the best idea. But, avoid buying a stock on bullish day. You may end up buying at its peak price which doesn't sound as good. This shall further lead to lesser returns. I usually place an order in smaller lots so that I can average out the price.
Stock market is a bit tricky. You can't predict any certainty. So, be very careful. That's my piece of advice.
I think it really depends on the whole situation, if you are just some small man with some small money why on earth do you need some financial advisor anyway ? What he can advise to you that you can't DIY ? Other case where you are busy person and do not have time to deal with all that research
I personally love StockEdge app, it provides a lot of data including Technical patterns, bulk buys etc which are a very useful feature.
I agree with you that advise and advisory is overrated in India. Financial people first needs to focus on getting people aware of what they are losing while not investing in Equity. Otherwise 8% interest in FD keeps people lazy unlike west where there is no such option and people are forced to look for options.
To add to it one should have extra money to invest in stocks I mean I have heard stock market trading is too risky. I would dive into it only when I have some extra money after all essential savings are done.
A very well written article on risk minimization, but everyone should keep it in mind that it doesn't mean that there will be no risk through the economic calendar. There is a saying "More the risk, more the profit". So, if u don't take risk at all, you might not be able to earn bulks of money.
@ishaantsingh013 Hi, Moneycontrol app is the best app for intraday trading tips in India so far. In fact, it is the most popular mobile application for stock trading. This supports android and iOS platforms. You can gather vast details about the dynamic stock market.
No only this, you can find domestic indices as well as global indices on this app. I find this quite helpful and convenient to use.
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