Angel Broking Ltd

I am having my DMAT account with Angel Broking Ltd. While opening the account I was told that they have very good R&D & have more than 80% advices correct on the Market movement. When I have made some trade through them they have not used the STOP loss option. No STOP loss was applied due to which I lost My Huge money. Their entire advices given to me time to time were false. On taking the matter with Angel Broking they did not made proper investigations & on asking the details on investigation they tried running around & have not given the details till now & refused to refund my money which I lost due to their negligence.

Angle Broking is Cheat & un-professional Company. Anybody Dealing with them be cautious. more  

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Dear Mr Ravinath, What you did when you loose Rs 4 lacs. Pl. advice more  
The first rule to invest money in market is invest such amount which you are afford to loss. Every trade with sl never works out. If their prediction works out 80% means why they need your money. In market we cant blame others except our greediness more  
I request you to please use stop loss compulsory during intraday otherwise you may loss your money. Equity never gives loss in long term. Please try to invest through mutual funds with low risk. Mutual funds is only kind of investment option that gives share market returns with minimum risk ratio. All types of investment instruments and options are available in mutual funds options. IF anybody want to know more about this may contact without any hesitation on more  
You are not alone. We have also lost our money invested with karvy wealth advisors to the. Tune of Rs.4 lacs. This is a reflection of so called expertise, which they advertise and miss lead the public. They have debited my account toward charges to the tune of Rs.40,000 towards commission on decision a normal investor would not. Public should learn not to go by what these people publicise/advertise. more  
Stop Loss is a very difficult thing to digest. It is for you to apply if you are trading on the web or internet. Even i have burnt my finger. Say If you buy 100 Shares of ICICI Bank at 274 hoping to make some profit at 280 per share and you find that the price is going down to 270 you must apply STOP LOSS. It means you will loose only 400. If you think it will recover tomorrow or next week it can open miserably at 260 or surprise you with a gap up open at 285. Once the market is shut and opens after an holiday you have to keep your fingers crossed. Overnight lot of unseen activities take place between speculators. Never enter stop loss figure in the computer. Watch for your target. It is said that if you enter a Stop Loss figure the operators come to know of it and suck your shares by going down to your lower rate and again take it up. It happened to me in the case of Glenmark when the price went down to 950 and I applied Stop Loss and sold my shares. And see next 2 days it is back to 980+. So best of luck. more  
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