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From today - you can invest in stock markets directly from UPI - no need to add money to your brokerage account π€―
What does this mean?
To put it in perspective - you need to understand how you invest in stock markets today.
The current process is -
1. You say you want to buy 4 shares of Reliance Industries Limited - that is priced around 2500, so in total, you would need 10,000 rs to invest.
2. Now, you need to add these 10,000 rs to your brokerage account - i.e., in Zerodha, Groww, Upstox, etc
3. Now, only once you have added, can you place orders, and in case the order is executed, this amount will get deducted. Otherwise, it will stay in your brokerage account.
Now, with UPI directly coming into play, this whole process will become only 1 step -
1. If you want to buy 4 shares of Reliance Industries - your bank will automatically hold 10,000 rs from your account via UPI.
If your order is executed - it will be deducted. Else, it will released and stay within your bank account.
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Trade With Harsh π
GOOD MORNING TRADERS πΈ
HAVE A PROFITABLE DAY πΈ
IMPORTANT POINTS IF YOU'RE TRADING TODAY -
ο»Ώο»Ώο»ΏTODAY IS MONDAY SO TRY NOT TO TRADE WITH HEAVY QUANTITY TRY TO TAKE MORE POINTS IN SMALL QUANTITY
ο»Ώο»Ώο»ΏMARKET LEVELS -
BANKNIFTY
FOR CE - ONLY ENTER AFTER BANKNIFTY BREAKS 48550
FOR PE - ONLY ENTER AFTER BANKNIFTY BREAKS - 47900
βββββββββββββββββββ
NIFTY 50
FOR CE - ONLY ENTER AFTER NIFTY 50 BREAKS -
21800
FOR PE - ONLY ENTER AFTER BANKNIFTY BREAKS - 21650
TRADE SAFE TRADE WELL
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Good Morning Everyone β€οΈ
Have a profitable day πΈ
Decide these 3 things before before taking any trade π
1β’ Loss LimitβοΈ
2β’ Profit Targetβ
3β’ Max No Of Trades π€―
