General Trading Chat

[niftygupshup]

will be waiting for 19125 and 8700
should hold todays low

 

[niftygupshup]

But our market is strong! 5 consecutive monthly high on expiary. I never seen before. March-july (spot ) 7777,7992, 8083,8308,8674

yes, you are right
but bhai, this month
May be different

 

[Smart_trade]

Many were forecasting market crash and Nifty below 7500 not too long ago...Market has its own ways...

Now many talking about new high in August 2016...

Smart_trade

 

[Nifty2830]

But our market is strong! 5 consecutive monthly high on expiary. I never seen before. March-july (spot ) 7777,7992, 8083,8308,8674

Last time it was happened 2006, but that time 4 consecutive monthly high on expiary day .We beat it .Nifty Guinness record!!!!

 

[vikas2131]

Many were forecasting market crash and Nifty below 7500 not too long ago...Market has its own ways...

Now many talking about new high in August 2016...

Smart_trade

CB zindabaad

 

[Snake.Head]

 

[vikas2131]

But our market is strong! 5 consecutive monthly high on expiary. I never seen before. March-july (spot ) 7777,7992, 8083,8308,8674

US market is at all time high..does not mean global economy is in good shape by any means... Fact is ...stock market is being propped up by CB around the world and its their polices dictate where market will go..that is why i was just making a point about japan CB announcement regarding stimulus being unfavorable..

 

[Smart_trade]

Eicher Motors posted great results.....watch this stock ( though it is high priced now)

Smart_trade

 

[TradeJoker]

Source - GST IMPACT ON VARIOUS SECTOR.

1) BANKS - Current service tax 15% know after GST 18% Negative.

2) CONSUMER STAPLES current tax rate 22% know after GST it's 18% .
Positive for - Asian paints,Dabur,HUL,EMAMI
NEGATIVE for ITC & UNITED BEVERIES.

3) CONSUMER DISCRETIONARY current 15% after GST 18%
NEGATIVE for Jubilant Food works,Coffe Day ,& Restaurant Businesses.

4)MEDIA - current Tax 15% service tax and 7% entertainment Tax by State's know After GST it will be 18%
POSITIVE for DISH TV, VIDEOCON D2H, BIG TV,

5) TELECOM current Tax 15% After GST 18% may see marginal dip in consumption as tax rise from 15% to 18%

6)AUTO INDUSTRIES current Tax 27% after GST it will be 18% .
POSITIVE for M&M, MARUTI,BAJAJ AUTO , EICHER MOTORS,ASHOK LEYLAND .

7)METALS - current TAX 18% after GST 18% no major impact

8) CEMENT - current Tax 27% altogether after GST it will be 18%
POSITIVE for Ultra tech cement,shree cement,ambuja cement etc.

9) PHARMA - current Tax 15% after GST it will be 18% .
NEGATIVE for Pharma companies.

10) REAL ESTATE - 15% to 16% Stamp duty so no major impact on REAL ESTATE companies.

11) LOGISTICS - majorly benefits to logistics sector no impact of GST
POSITIVE for - Container Corp, GATI etc...!

 

[wisp]

ST Da,
For positionals, is it better to hold a series till the last or change to next series sometime during the last week?