@Tyranitar If you make profit from shares of more than 1.8 L (and you don't have any other sources of income). You have to pay taxes at the rate of 15% on the profits above 1.8L. You can save this tax by investing the taxable income i.e. (Your income - 1.8 L) in ppf etc. (up to Rs. 1L)
If you don't pay taxes, IT Dept may or may not find it out. They have free access to the brokers to check out any person's transactions. Although chances of them finding it out may not be high, it is always better to file the return and pay that small income tax. (In this case, if your income from stcg on shares is say 2L , your tax liability will come to only 3K)
jb Chemicals is looking good ,
Bought more of Astral Polytechnik , Wockhardt can be a 3 bagger in 2 years
Write Nifty 6100 call and 5900 put and enjoy 
@TKPaul said:Write Nifty 6100 call and 5900 put and enjoy
nice strategy .. infact i would say take 6100 call and short Nifty Future
@sachin_nitrkl said:nice strategy .. infact i would say take 6100 call and short Nifty Future
this week is imp....wht r d support level below 5900?
dont know d support level .. but i somehow feel Nifty will bounce back ..
will get d support level on monday morning
@sachin_nitrkl said:dont know d support level .. but i somehow feel Nifty will bounce back ..will get d support level on monday morning
hmmm....same here...cracking 5900 is bit difficult......
Go long on Nifty this week and next week rupee will get stronger stocks to go long are Strides Arcolab , Jubilant Foodworks , Mahindra and Mahindra finance
@imabhi88 yeah may be but it came down to 5883 in intraday so hopr for the best tomm it will bounce back a bit for sure but we have to see in next coming days
I think budget would be good , new bank licenses , RGESS , Gold schemes , Chidu is good
@shashikapoorin ya no doubt chidu is gud for mrkt...uncertainty abt govt. majority also putting pressure ...lets see wht happen in budget session
@sachin_nitrkl ...
r u saying that...buy 6100 call and short nifty future? but brother... the market is not in a mood to give a big swing. If the market remains range bound...you will loose money. Moreover selling both the options would insulate you from any decisive swing and this is quite a short series so you would enjoy the full profit in terms of the premium. If you are an aggressive trader, then write 5900 call and 5900 put, still you would make money rather than buying 6100 call.
and this is quite a short series so you would enjoy the full profit in terms of the premium. If you are an aggressive trader, then write 5900 call and 5900 put, still you would make money rather than buying 6100 call. Today Benchmark Indices have shown some strength & have broken a 8 day spree of losses.
Today's Marked Outperformer was Strides Arcolab from Midcap Space... One can still go long in the counter as the fundamentals of the company are very strong & Q3 Results are to be declared on Feb 28 & also there are some news doing the corner that they are planning to sell a stake in thier agila unit, which is a key contributor in their revenues, to Pfizer....
If that happens, it will shoot like United Spirits, as it did before USL-Diageo deal.
Hope it helps.
Regards.
Bharat
buy wockhardt cmp 1800 with target of 1900 strict sl of 1765 results on 14 feb expected net profit 386 crore . Donot buy at the opening wait till afternoon let it settle first in opening hours
buy bajaj finserv for target of 900 till budget day