@GamerInVoid@SandeepKrJainTS Now you understand how this govt makes fools of people.
If one earns up to 12 lakh then zero tax.
But if earning is more than 12 lakh then you follow the tax slab.
@Stocki_zen@PrashantYt2021 thanks for all your help and guidance. All your swing trading picks have given amazing returns. Your option strategies are able to generate decent return in intraday.
Wish you a great Happy New Year 2024.
#SwingTrading#BREAKOUTSTOCKS
SONA BLW (#sonablw )
Technicals:
Stock has given a Breakout above 619 Rs. Stock can go to 680 rs in next few sessions. Once 680 is crossed then 800 Rs will be next stop for this stock.
Fundamentals:
Market Cap: 36000 Cr.
Sales Growth: 27.31 %
ROCE: 22.66%
Debt/Equity: 0.10
Peer Comparison:
Disclaimer: This Tweet is educational purpose. Do your own risk assessment before making any position. Follow me here on Twitter for more stock ideas like this.
https://t.co/6ETZgc0fN7
#investment#SwingTrading
AAVAS Financiers Ltd
Technicals:
This stock is taking support on same rising trend line where it took support in March-2020. It means downside is very limited in this stock. In last 9 months where many stocks have given insane return , this stock is still falling. We know overall market is in over bought zone so now fund will rotate to the stocks which are not moved in this bull run. This stock seems perfect candidate if fund rotation happens.
Fundamentals:
Housing finance companies may see the growth in coming months as we are seeing the growth in the real estate sector and specially in the affordable housing projects.
Peer Comparisons:
Disclaimer: This Tweet is for educational purpose. Do your own risk assessment before making any position. Follow me here on Twitter for more stock ideas like this.
https://t.co/6ETZgc0fN7
How to execute Straddles/Strangles step by step (It's a raw logic, not sharing my complete strategy):
Step 1: Sell only 1 lot of call and put based on Delta (approximately .5) or Premium basis for a strangle (around 60rs combined premium in BNF). Set a 50% stop loss and wait until either stop loss is triggered.
Step 2: If either leg's stop loss is hit at 50%, sell a Strangle/Straddle with full margin and maintain a .10% Mtm stop loss. The maximum overall day risk is capped at 1%.
Step 3: If the .10% stop loss is triggered, roll to the next straddle or strangle. Repeat this up to 10 times. Either your mtm stop will hit or you will make money.
This is a brief logical example of my system. You can backtest and forward-test this and adjust it according to your comfort zone. Please share this to help many people who are spending unnecessarily on buying FARZI algo’s from algo sellers.
@ArindamPramnk Bhai... aap retailers to barbaad kar doge. Aise stocks mat share kiya karo jo itnai jyada manipulated hai. Ismai back to back lower circuit lagenge and exit ka muka tak nahi milega. kuch acha share karo.
@VibhoreGupta5 Sir, I am following you from 2-3 weeks now. Whatever formula you are using , it seems a lagging indicator. I am curious to know how your indicator is different from other lagging indicators ? Thanks in advance.
@BandiShreyas Bandi Sir, your capital is big so might be rs 8000 is nothing to you for Brokrage. For small trader like me, it does matter so I switched to @kotakneo . I find it similar to @zerodha . So far experience is good.