Targets For 26-December-2017
Nifty Calls:
Current Level: 10493
Buy: Resistance @ 10505
Buy Nifty above 10505, with a target of 10525-35-45, Stop Loss: 10480
Sell: Support @ 10450
Sell Nifty below 10450, with a target of 10430-20-10, Stop Loss: 10465
Stock Calls:
Buy Wipro Above 303
Current Market Price: 301
Target: 306-08-10
Stop Loss: 300
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same)
Stock Calls:
Buy Wipro Above 303
Current Market Price: 301
Target: 306-08-10
Target: 306-08-10
Stop Loss: 300
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same)
In my opinion stock trading has become purely a govt sponcered gambling. If i gain somebody else is loosing and vice versa. If i buy a share of face value rs. 10/- for rs. 301/- and keep it for 1 year i may get rs. 10/- per share if they declare a dividend of 100%. That means for spending rs. 300/- i will get rs. 10/- after a year as profit. So share business is running purely as gambling and it is certain that lot of black money is involved in it. So my question to the govt is why do they allow this gambling when this govt claims that their primary aim is to curb black money.
ReplyDeleteSir, if you gain someone else will lose only if you future and option. It isnt the same in equities, the less will only have the opportunity cost of selling it early but he wont be losing any money.
DeleteThere will be absolutely no black money in stock market because everything has to be done with a demat account which will also be linked to your PAN card and Bank Account. All the amount should come only from bank and there is no cash transactions allowed. Hence each penny will be accounted for and tax has to be paid.