Thanks for kind words @Mehul1. I am also salaried, 11th hour of my career, already working for 27 years now. I am using ICICI direct account. There is provision of MTF trade option where you can pledge your holdings and get a limit for trade. Buying in MTF will allow you to hold your stock for 1 year and u have option to convert it to delivery, square off position to book gain/loss. This is a boon whenever there is severe correction in a bull market as no one has money to buy in correction and curse in a bear market as prices will be down only.
I have 50% of leverage rule at max of my total portfolio.
Positives
Arvind ltd bought in MTF Last year at 90 rupees and just carried over till 230 rate. 5000 quantity. Total gains 7 lks.
Shoppers stop bought 5000 shares in 2022 at 270 rate. Kept holding till 600.
Done it for several other stocks including ABFRL, AB Cap. Tata motors, too many.
Negative
Bought dreamfolks at 790, after Apr 23 results stock tanked to 480, booked at 540, 1000 quantity loss 2.5 lks.
Booked MTF losses of 10 lk in march 23.
This game is not for all however if you are disciplined than you will gain. My rule is max leverage 50% and optimum 30%.
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