Advanta India Ltd Stock Quotes and Charts
such swap operations are very atvrluice but very risky.It works like this: you lend japanese yen (low yield) and exchange them for other currency, then buy some high yield securities. This doesn`t cost you much money (just enough to cover the margin ).After some time you sell your securities (with interests), exchange them for japanese yen and repay your debts. The difference is pure profit (or loss).The risk you are taking is the lower exhange rate you might get when you buy japanese yen (I.e. less yen than you expected) which might eat your profit.
Advanta can be bought today for tomorrow above 459 for the target of 468 and below 454 is very weak.
Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 999 for Unlimited Trading
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Beginner, seasoned investor, active trader or HNI. Get customised solutions.