Day Trading Stocks & Futures

[siddhant4u]

I guess only Auto Sector relief is left out.

Today FM going to launch scrapping policy for auto sector. ..

 

[cinderblock]

so you want a substantial GST cut.
on what sort of goods (or services) and how much this substantial should be

btw, will you allow FM for an additional cess on ITax, if FM (or GST panel) is ready for a cut in GST

The stimulus package (what is remaining) is going to be announced whether or not GST is reduced. So, whether or not cess on ITax is levied will be irrespective of where the package is directed.

The GST run-rate before the chinese virus was 90k crore per month. Now it is, say 20k.
If relief needs to be for 4 months, they can even halve the GST rate and the bill would be 45k*4 crore ~2L crore.

 

[vikas21311]

BankNifty :-18700 Is very Important Support, Selloff May Stall Here For Time Being But If 18700 Goes On Closing Basis Or On Monday, Another 1000 Point Till 17700 Looks Possible

 

[vikas21311]

Bhai, also give a short summary of it . . .

.

read it yourself. khud bhi kuch karo

 

[siddhant4u]

Mahindra & Mahindra (15 min)

 

[lemondew]

The way we closed yesterday. It was bearish. I had told earlier if after an event market starts trending the trend can give good moves eg after budget. We can say this was some kind of budget and two days. Yesterday on closing basis we were moving downwards. How far this goes I cant say.

BankNifty :-18700 Is very Important Support, Selloff May Stall Here For Time Being But If 18700 Goes On Closing Basis Or On Monday, Another 1000 Point Till 17700 Looks Possible

 

[vikas21311]

Potential gaps to be filled on Nifty

 

[siddhant4u]

bajaj finance (15 min)
this time it probably won't survive at 2000, but if does, good setup for swing

 

[imurvrtrader]

Potential gaps to be filled on Nifty

My view is, gap 1 and gap 2 are difficult to fill in near future (1-2 months or more) but if able to fill gap 2 then very shortly after filling gap 2, gap 1 will be filled and N will move up further
Most likely N will move down to fill gap 3, in coming days.

 

[cinderblock]

Doesn't matter where the Dow goes Nifty opens high closes low!