General Trading Chat

[TraderRavi]

it seems ravi Bhai has taken lot of trades today. :clap:

:clap::clapping::lol::rofl:

 

[Fundootrader]

"Government to Pay Employers' EPF Contribution for 3 Years"

Why why why ??? Govt no business in EPFO. Totally unnecessary? Do you have extra money laying around? This will have no positive impact.

"Tax holiday for startups for three of five years of setting up the company"

This is so bad. 90% misuse waiting to happen. People will create companies to make black to white and evade tax.

This is to stroke job creation - but may not have desired effect - as it is meagre 8.3% contribution of employer - And why would employer add jobs and commit to 3 years to get this subsidy

 

[Fundootrader]

Ravibhai

Options will be crushed today, as people may have taken straddles and strangles in Nifty and BankNifty option due to high volatility.

Lets see at EOD today.

No need to wait for EOD - Options wala already crushed - VIX down 8% and so is IV of options since morning

 

[TraderRavi]

no relief to taxpayers
audit limit raised to 2 crs ,only good news ?

 

[Fundootrader]

no relief to taxpayers
audit limit raised to 2 crs ,only good news ?

that's for business i believ and not for individuals

 

[TraderRavi]

Max OI 7500 CE - 7000 PE
Max Pain 7100

should move up in march first half

 

[praveen taneja]

covered half at 26 Jai Ram JI KI

 

[arsh22g]

that's for business i believ and not for individuals

Trading counts as a business

 

[Fundootrader]

Trading counts as a business

yes if you are full time trader - but if salaried - than grey area - as tax authorities for purpose of taxation are okay to treat as business but for exemptions not

 

[vikas2131]

BHAI logo....ur reaction to budget ????