Indian Tax Structure and Laffer Curve
Lately, there has been lot of discussion about the delay in implementing the direct taxes code bill that propose to cut down the tax rates for corporate bodies and individuals. With this, the...
View ArticleNifty and Bank Nifty January Futures Overview – III
Nifty Futures Hourly Charts Nifty and Bank Nifty January futures are currently in positional sell mode on the hourly charts after breaking the support zone on 2nd Jan 2014. Currently the resistance...
View ArticleHow Working Couples can Save Tax
New Year has started and the financial year is near to end. Most of us would by now have started tax planning. A working couple by jointly making use of their dual income and following income tax rules...
View ArticleNow Globaldatafeeds enables Realtime NSE Currency derivative feeds
Today Globaldatafeeds announced that from 8th January 2014 – GFDL adds NSE Currency realtimedatafeed in its portfolio. And Now active PAID clients can access currency derivaties free users till 15th...
View ArticleUSDINR January Futures Technical Analysis Overview – I
USDINR Futures Hourly Charts USDINR January Futures turned to sell mode on the hourly charts and currently the resistance zone comes around 62.73. Reverse your position to positional buy mode if the...
View ArticleTrend Move on Nifty Setting Up, Which Way?
Last few weeks nifty just grinding gives sudden jerk moves where many traders cannot claim full profits neither small loss. So are we nearing an end to this chop move ? Yes says market profile. I took...
View ArticleNifty and Bank Nifty January Futures Overview – IV
Update after Market Hours Nifty futures on the hourly charts turned to positional buy mode with support zone around 5155 Reverse your position to sell mode if the support zone breaks. However bank...
View ArticleDalal street handicapped with no long term trust capital
Literally speaking ,if you are not careful and mindful in any money dealings be it with auto or taxi driver. electrician, plumber even vegetable vendors ,the crime takes place in India for mere Rs 50/-...
View ArticleNifty – Probable Flat Formation
As we can see in the daily chart,If we label 6342 (3 Nov 2013) to 5972 ( 22 Nov 2013) as wave A, gradually wave has to be labeled at 6415 (9 Dec 2013). The C wave has been confirmed when Nifty...
View ArticleGold Bullish Breakout Ahead – Technical Outlook
Gold (13.01.2014) reverse from very potential support area of $1208-1180 & now trading between minor support & resistance area which will decide the future direction for shot term. Now gold is...
View Article2013 Better for U.S. Households as a Whole
The Return of the Dollar and U.S. Consumer Confidence The end of 2013 saw the U.S. dollar end higher versus the Euro and other major currencies when compared to the year prior. Due in part to an...
View ArticleDemystifying 3 Myths on Investing In the Stock Market
“An investment in knowledge pays the best interest.” Does this line make sense to you? Well, it will when you realize that Benjamin Franklin’s memorable said it because it was true. Undoubtedly, the...
View ArticleBank Of India – Flag Pole Pattern
An interesting pattern has developed in Bank Of India daily chart. This is one of my most dependable pattern. As we can see the pole from 172 to 241 which approx 70 points. Breakout has already...
View ArticleAll you want to know about Portfolio-I
Today i am going to talk about portfolio. What is Ideal portfolio and what are the features, a good portfolio should have. First of all let me explain What is Portfolio ? Some of beginners might not...
View ArticleElectronic know-your customer (e-KYC) Explained
HDFC bank has created buzz in the recent times as it introduced the e-KYC (electronic Know Your Customer) norm in collaboration with National Payments Corporation in all of the branches. HDFC also...
View ArticleNifty and Bank Nifty January Futures Overview – V
Nifty Futures Hourly Charts Nifty futures turned to positional buy mode on 10th January and currently the support zone comes around 6265. However Bank Nifty futures turned to positional buy mode on...
View ArticleNSE , BSE and MCX-SX to offer Interest Rate Futures
NSE, BSE and MCX-SX exchanges has received approval of the Securities and Exchange Board of India (Sebi), the market regulator, to introduce IRFs (Interest Rate Futures). MCX-SX is the first to offer...
View ArticleNifty and Bank Nifty January Futures Overview – VI
Nifty Futures Hourly Charts Nifty and Bank Nifty futures on the hourly charts turned to positional sell mode on the last half of the Friday session and currently with resistance coming around 6352 and...
View ArticleGreedy For Risk? Contrarian Approach a Good Rational Strategy
UNINTENDED CONSEQUENCES. Its an example .At the outset I don’t endorse betting and gambling. Take one example of one of IPL matches of last season.In a match of Mumbai Indians Vs Pune warriors ,outcome...
View ArticleS&P500 and Dow Jones Index January Overview – I
Currently Both the US Indices S&P500 and Dow Jones are in positional sell mode for a long time since 2nd Jan 2014. Currently the resistance zone coming around 1855 and 16543 respectively. Position...
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