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An initiative by the GRAB SOON GROUP aims to spread financial awareness and literacy amongst the youth This online training module aims to assist them in insuring, saving and investing for a better tomorrow.
Are you trying to find a clever approach to increase your wealth and reduce your tax liability? Equity Linked Savings Schemes, or ELSS, may be the best option for you in this situation. This piece of writing will examine how…
Grab Soon Wealth: What Is It? Founded in 2003, Grab Soon Wealth is one of the First test distributors of mutual funds in India,
On occasion, it can be simple to get started yet difficult to finish. This is especially true in the financial sector, where buying mutual funds is a wise move, but figuring out all of its intricacies can be challenging.
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1) “Prevent Unauthorised transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your Stock Brokers/Depository Participant.Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/NSDL/CDSL at the end of the day. Issued in the interest of investors.”
2) “KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.”
3) “No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.”
4) Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Pay 20% upfront margin of the transaction value to trade in cash market segment. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
5) Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
6) NJ India Invest Private Limited distributes Loan facility offered by group company, NJ Capital Private Limited and also distributes National Pension Scheme (NPS) product, which are not exchange traded products and all disputes in relation to this, would not have access to Exchange investor redressal forum or Arbitration mechanism.
7) Mutual Fund investments are subject to market risk, read all scheme related documents carefully.
8) In case of any grievances against any listed company, member of stock exchanges and Depository Participant, please lodge the same through online mechanisms more specifically through SEBI SCORES portal and SEBI SCORES mobile application for effective redressal of grievances. Furthermore, you can also lodge online complaints / grievances directly with NSDL/CDSL/depository participants through the link / option available on their website.
9) As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor
Let Grabsoon be your trusted companion on your trading journey. With our expertise and guidance, we’ll help you navigate the markets with confidence. From understanding market dynamics to developing winning strategies, Grabsoon provides the insights and support you need to make informed trading decisions. Our dedicated team is here to empower you and guide you towards success. Experience the power of Grabsoon and take your trading to new heights.
An entry point refers to the price at which an investor initiates a position in a security. A trade entry can be initiated with either a buy order for a long position, or sell order for a short position. The entry point is usually a component of a predetermined trading strategy for minimizing investment risk and removing the emotion from trading decisions. A good entry point is often the first step in achieving a successful trade.
Risk management helps cut down losses. It can also help protect traders’ accounts from losing all of its money. The risk occurs when traders suffer losses. If the risk can be managed, traders can open themselves up to making money in the market.
This article will discuss some simple strategies that can be used to protect your trading profits.
Chinese military general Sun Tzu’s famously said: “Every battle is won before it is fought.” This phrase implies that planning and strategy—not the battles—win wars. Similarly, successful traders commonly quote the phrase: “Plan the trade and trade the plan.” Just like in war, planning ahead can often mean the difference between success and failure.
First, make sure your broker is right for frequent trading. Some brokers cater to customers who trade infrequently. They charge high commissions and don’t offer the right analytical tools for active traders.
Stop-loss (S/L) and take-profit (T/P) points represent two key ways in which traders can plan ahead when trading. Successful traders know what price they are willing to pay and at what price they are willing to sell. They can then measure the resulting returns against the probability of the stock hitting their goals. If the adjusted return is high enough, they execute the trade.
Conversely, unsuccessful traders often enter a trade without having any idea of the points at which they will sell at a profit or a loss. Like gamblers on a lucky—or unlucky streak—emotions begin to take over and dictate their trades. Losses often provoke people to hold on and hope to make their money back, while profits can entice traders to imprudently hold on for even more gains.
Let Grabsoon be your trusted companion on your trading journey. With our expertise and guidance, we’ll help you navigate the markets with confidence. From understanding market dynamics to developing winning strategies, Grabsoon provides the insights and support you need to make informed trading decisions. Our dedicated team is here to empower you and guide you towards success. Experience the power of Grabsoon and take your trading to new heights.
The directions issued by SEBI vide its circular no. SEBI/MRD/SE/Cir- 42 /2003 dated November 19, 2003, regarding the disclosure of proprietary trading by broker to client, it has been decided that every broker shall disclose to his client whether he does client based business or proprietary trading or both.
Accordingly, We NJ India Invest Private Limited, hereby declare that currently we are doing Client based business and proprietary trading as well. By Proprietary trading, we mean carrying or executing the trades/orders on our own account (Proprietary Account).
The same may please be noted.”
1) CDSL
2) NSDL
3) BSE
4) NSE
5) ICEX
Sr.No. | Name of the Individual | Designation | Contact Number | Email Id |
---|---|---|---|---|
1 | Misbah Y. Baxamusa | CEO & Director | 0261 – 4025901 | ceo@njgroup.in |
2 | Varsha P. Doctor | Complaince Officer | 0261 – 4025989 | complianceofficer@njgroup.in |