I am A CA IPCC student , and want to generate money for my future business plans for withdrawal after 5 to 6 years.

I want to start my trading with just2000 after the brokers fees of750.
What i want to know is my plan seems to be working or not
My plan Goes as follows

" I buy a share seeing the top gainers in the last week but having a market price of less then( Ra ) 20.
for ex : the share i am seeing this week is Birla power which had its day opening and day low of 1.95 and a day high of 2.30
i want to buy that share tomorrow at2.25 or something near about and just earn 2 or 3 paisa
and also to this i want to buy and sell this stock like this 50 to 200 times in the 5 hours span "
is my plan feasible because this plan really seem to be really really tempting to me
because according to my calculation
money would get doubled in week if i earn 10 to 20% return daily
which in fact means my money would be really multiplied very very early into thousand and millions very quickly..!!

there is a software by many share brokers dese days..
i intend to use of Kotak Mahindra Bank
which displays the current rate of the share with every mili second the rates changing even at the speed of 256 kbps...

i learned about the brokrages and commission
and analysed that small stock is not feasible for me
but a price of about 20 if rises to 22 by seeing the graph can really make me earn a lot..!!
even the brokrages are just 10 paisa or 15 paisa per 100rs.
which means if i invest2000 in a stock of say 20 and sell it at 22 then my net earnings would be (100*2 - 60{2000/100*.15*2} (brokrage) - 25.5(ltcg)) = 114.5
and if i am able to earn just even 2 times or Four times a day would go to 10 -20% of d earnings

even if i do not get a 10 percent return on a stock
instead i earn1 income per share then i earn14 per transaction
and if i am able to earn1 from 10 or 15 diff low priced share daily i would make the same return of around 10%
And what if the share price is10 and then i get a increase of 1...!!

and now u would ask how would i know that which shares are doin good
then i refer to this site http://www.daytradingshares.com/
Please correct me if i am wrong..!

Please tell me is this plan feasible..??
Please tell me the mistakes in my plan if it is not feasible..??

Please clarify my doubts

Can a practicing chartered accountant conduct Private tutions for courses on Capital Markets , to the public . Is there any restriction by ICAI on the same ?

It can be treated as a part of his Business consultancy services or no?


His wife is running an education business and Husband CA is taking classes in that firm , is ther any issues


What are the Provisions that a chartered accountant in Practice can create websites for his firm and advertise . Can he print Visiting cards and canvas works

Hi,

Can anybody suggest me the procedure for selling shares held in physical forms.

if someone acquired shares in 1997 but he is not having D-MAT a/c. Now he want to sell shares then how can he sell?

Moreover what about the dividend not received for about 10 years, because the party has changed the address.

Kindly make suggestion.

Thanking you

Meaning of P/e ratio and its significance
If the co is having a P/e ratio of 20,then what does it denote and also 20is expressed in what like yrs, time, %,etc?

Which stock you wish to buy or sell as market is at its peak ?

what is the specific meaning of RALLY in share market ? such as rally may stretch if nifty survives 6050

dear all,

please tell me about the long term and short term gainer type of share and please tell me that Reliance small caps funds what exactly it is and what is mutual funds and which should i prefer for investment.

Dear All,

I am interested in investing money in shares but i dont have that much knowledge please help me what should i do.

Sir, I am doing job in pharma while shifting Raw Material from Store to production, Due to trolly problem my Raw material let down on floor (Floor par girgaya) now the material is useless I could I do entry to maintain my stock.

Sir/Madam,

What exactly is meant by delivery settled and cash settled? What is the difference between the two in practical situations? Plz illustrate using an example.