Made profit, but charges more that profit made?

General
1

On 19th February, I made some intraday trading. However I made profit of Rs/- 29. I end up paying charges over Rs/- 60. How is this possible ?

2

Get your trade list from the Backoffice and refer the Brokerage Calculator offcourse it’s self explenatory.

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3

Charges are a percentage of the trades you’ve made and have no connection to the Realised profits you’ve made. You can make a realised of profit of Rs.32.90 with 1 lac turnover and with 100 crores turnover. The charges will depend on what trades you’ve executed.

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5

Make profit of atleast 0.07 % on stocks trading equity intraday, that must cover all the costs

6

Is this scenario is possible ? Please help me understand, how various charges works. This is what “Q” says …
REALISED PROFITâ‚ą32.90
TOTAL CHARGESâ‚ą61.66
OTHER CREDITS/DEBITS0
NET REALISED PROFITâ‚ą-28.76
UNREALISED PROFITâ‚ą-132.36

7

Thanks Venu for your answer. Is there a minimum profit % I can target, so that it will cover all charges ?
Thanks

8

You can put in your buy pirce and quantity in the Zerodha Brokerage Calculator and it’ll show you the required points to break even.

9

Hi Ravi,
Thanks for your answer. Is there a minimum profit % I can target, so that it will cover all charges ?