General Trading Chat

[cinderblock]

UID app-based voting (E-Voting) will come soon :thumb: Kharcha bachega

That would be a worry with so many Chinese phones in the market.

What an opportunity for a foreign country to rig national elections!

Far-fetched? I don't think so.

 

[TraderRavi]

Can u share the source, thanks.

Foreign institutional investors (FIIs) have written to the finance ministry and the Securities and Exchange Board of India (Sebi) demanding short-term capital gains be scrapped. Instead, the FIIs want the government to impose higher securities transaction tax (STT) on their trades.

https://www.pressreader.com/india/business-standard/20161129

 

[deba72]

FIIs, because of volumes, are not intraday or very short term traders. A little increase in STT will not hurt them much. Hardly couple of points on the NF.

LTCG tax will hurt them hard!

FIIs are thinking "kuch le de ke mamla rafa dafa karo"

not only that...they can bypass STT by trading SGX Nifty.. most of the FIIs are doing that already.. So increase in STT won't be a problem for them.. But what will happen to us ... ?

 

[cinderblock]

I, too, don't mind paying higher STT if STCG tax is scrapped like it says in the link

 

[vsatrader1]

if one is making consistent profits in intra trading then this tx tht tax will not be any worry. if one is not making profits thn even penny increase in tax is bad

 

[throwawayacc123]

edit : post was inappropriate.

 

[timepass]

USD is up by 27 paisa today !!! Sure to affect BNF some time or later.

 

[traderniftybull]

NF

If able to sustain above 7925, it should move to 7950 and above.

High so far 7954

what next
high probability for 7979
if sustains above 7925

LTP 7942

 

[vsatrader1]

nf 5 minute chart with wyckoff/vsa analysis

 

[traderniftybull]

wow !!!!!!!!!!!!!!!
Snakobaaa in NF and BNF
after a very long time :lol: