General Trading Chat

[cinderblock]

Need to see if this happens every year.

Not every year. Maybe just when the year's not been that good overall.

But there's nothing you can do about it. For instance, today, you can't short Nifty Spot or individual banking stocks or Nifty heavyweights - only Futures. But I think futures are exactly where they should be - Only spot prices will correct / adjust down relative to futures.

 

[vagar11]

Not every year. Maybe just when the year's not been that good overall.

But there's nothing you can do about it. For instance, today, you can't short Nifty Spot or individual banking stocks or Nifty heavyweights - only Futures. But I think futures are exactly where they should be - Only spot prices will correct / adjust down relative to futures.

Should sell my positions then and look for dip.

 

[cinderblock]

Should sell my positions then and look for dip.

What if world markets are up 0.5% on Monday and keep moving up?

I didn't say spot will dip regardless. I just said it will dip relative to futures.

Also, this is just a guess.

 

[traderniftybull]

BNF

On Monday BNF may open gap up, around 18250,
or
may reach around 18250 within minutes after open

 

[travi]

Modiji live Digi-Dhan Mela promoting the need for less-cash Economy :clap:

 

[simplebuthard]

Is there any prop trading firms in chennai/bengaluru areas? Please share your experiences.

 

[vijkris]

Modiji live Digi-Dhan Mela promoting the need for less-cash Economy :clap:

BHIM app will be launched soon which will enable payments through thumb identification and using aadhar details.
Further details awaited.

In the meantime:

Anybody interested in lending their thumb prints ??

Quoting part of PM's speech regarding Stock Markets:

Stock market transactions in India have been happening through the digital mode for a long time. But there are some people still questioning the ability of Indians to adopt to the digital system

 

[bpr]

Singapore dtaa tax treaty ammend.
All funds routed through Singapore will be taxed effective April 1 next year.
Govt is serious.
Good job one more tax loop hole gone many more to go...

 

[timepass]

Singapore dtaa tax treaty ammend.
All funds routed through Singapore will be taxed effective April 1 next year.
Govt is serious.
Good job one more tax loop hole gone many more to go...

Yeah. Heard it on TV, didn't understand it. What is it exactly ? How was this used for money laundering ?

 

[timepass]

Found this article.

Now what is "round tripping" and what is "Grandfather clause"

............Regulators have long suspected rich Indians were routing cash through these tax jurisdictions, and channeling money back to India in a practice known as "round tripping".
.....

Simultaneously, investments made before 1st April, 2017 have been grandfathered and will not be subject to capital gains taxation in India. ..........

http://www.business-standard.com/ar...o-curb-black-money-menace-116123000871_1.html

Singapore dtaa tax treaty ammend.
All funds routed through Singapore will be taxed effective April 1 next year.
Govt is serious.
Good job one more tax loop hole gone many more to go...

Yeah. Heard it on TV, didn't understand it. What is it exactly ? How was this used for money laundering ?