Highlights of Union Budget 2015

Here are the highlights of Jaitley’s Budget for the fiscal year that begins on April 1. TAXATION * To abolish wealth tax * Replaces wealth tax with additional 2% surcharge on super rich * Proposes to cut to 25 percent corporate tax over next four years * Corporate tax of 30 percent is uncompetitive * … Read more

FII FnO Data Analysis for Union Budget 2015

FII’s bought 45.7 K contract of Index Future worth 1127 cores, 35.2 K Long contract were added by FII’s and 10 K  short contracts  were squared off by FII’s. Net Open Interest increased  by 24 K contract. I have discussed which traders can use as an Input to their trading plan for Budget Day Stock Market Response … Read more

PFC,ITC and IRB short term technical Analysis

PFC Any close above 288 stock is heading towards 300 /322 in short term. Intraday Traders can use the below mentioned levels Buy above 280 Tgt 282,285 and 290 SL 278 Sell below 276 Tgt 274,272 and 269 SL 277.5 IRB Any close above 254 stock is heading towards 267/288/300 in short term. Intraday Traders … Read more

Highlights of the Railway Budget 2014-15

Thrust 1. Safety 2. Project Delivery 3. Passenger Amenities/Services with focus on food services & on cleanliness, sanitation, toilets 4. Financial Discipline 5. Resource Mobilization 6. IT Initiatives 7. Transparency & System Improvements. Major Challenges facing the Railway System Vast tracts of hinterland waiting for rail connectivity. Railways expected to earn like a commercial enterprise … Read more

Nifty Technical Analysis before Railway Budget and Feb Expiry

FII’s sold 34.2 K contract of Index Future worth 931 cores, 52.5 K Long contract were added by FII’s and 86.5 K  short contracts  were added  by FII’s. Net Open Interest increased  by 139 K contract ,so FII’s added  long  and added shorts in Index Futures with high volumes,signifying rollovers are happening. As of now 67.1% Rollover … Read more

The Perfect Trader

The Perfect Trader The Perfect Trader is patient with entries and exits. The Perfect Trader is focused on what works not personal opinions. They do not worry about missed trade. The Perfect Trader does not boast while winning and does not become depressed while losing. They are never too proud to admit when they are … Read more