charges
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TIPSTEEL: ₹ 150
Buy 10 shares of TIPSTEEL at 152 rupees.
Now, if we sell all 10 shares of TIPSTEEL at 155 rupees, we will make a profit of (155 - 152) = rupees 3 per share. Overall, we will make 3 * 10 = 30 rupees.
But there are extra expenses that we need to consider.
The Government puts some taxes on these trades.
The app that you are going to use will put some of their own charges.
So, we would not make 30 rupees. We will make (30 - expenses) rupees.
If the charges and taxes come out to 35 rupees, we might even make a loss.
Be careful of these charges.