Fortune Money Advisory - Wealth Multiplier

Fortune Money Advisory - Wealth Multiplier

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Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Fortune Money Advisory - Wealth Multiplier, Consulting Agency, Memphis, TN.

Equity Broking , Derivatives Broking, Commodity Broking, Depository Services, Retail Asset, Life and General Insurance, Distribution of Mutual Funds, Wealth Management Services, Investment Advisory Services, IPOs, Bonds, Currency Trading, Global Products

09/01/2020

Please read carefully Important changes in Margin Rules.

SEBI Margin Rule Explained...

SEBI has changed some rules related to margin and trading.

1) Buying and selling of shares will Require Upfront margin from now onwards.

Eg : If you want to buy Reliance shares worth 1lakh, you must have 20k Rs in your account as cash and rest money to be paid within 2 days...

πŸ‘†πŸ» Major Change If you want to sell 1 lac worth of Reliance shares from your holdings for that scenario also you must have min 20k rs in your account. Failing which penalties will be levied.

πŸ‘†πŸ» Read Carefully... Selling from holding will also require Upfront margin in cash (Var+ELM).

You can keep extra cash or can pledge other holdings for the stipulated margin required.

2) Shares bought today cannot be sold Tomorrow.

πŸ‘†πŸ»πŸ‘†πŸ»πŸ‘†πŸ»πŸ‘†πŸ»
BTST Closed

Eg You bought Reliance On Monday. You can only sell those shares after recieving the delivery of shares. T+2 you can sell on Wednesday.

You can only sell the shares after you receive in Your DP/only after receiving the delivery of shares.

3) Shares Sold Today from delivery..... the funds cannot be used for new trades today. You can use the funds for new trades the next day.

Eg:🌟 You sold 100,000 Rs worth of Reliance's shares today.
πŸ‘†πŸ»You cannot use this money to buy fresh shares of other companies.

No changes In options and Futures Rules for Now Till further Notice

Please note that
All the changes are Made By SEBI. Brokers are only following the new rules.

08/29/2020

Another chance for Gold investors ...

08/01/2020

Gold Bonds can be a good bet.. For more info contact me 9016091998

07/29/2020

So be safe and feel safe get yourself insured for any help contact me ..

07/27/2020

Please get your self Insured.

07/26/2020

In this time of uncertainty we advice to buy Pure Term Insurance . Get protection to your Family Before it gets too late..

07/26/2020

Buy AstraZeneca at cmp - 3393
Target - Rs 3750 , time frame - A month

Highlights - Their parent firm have collaborated with oxford university in the covid vaccine development , human trials are underway.

Photos 07/26/2020

LIC IPO !!

07/26/2020
LIC IPO: 11 in the race as financial bids for pre-IPO Transaction Advisors opens today 07/26/2020

LIC IPO

LIC IPO: 11 in the race as financial bids for pre-IPO Transaction Advisors opens today The government will open financial bids today for the appointment of pre-IPO Transaction Advisor for the listing of Life Insurance Corporation of India (LIC) through IPO.Get latest Business online at cnbctv18.com

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Memphis, TN
700025