Govt Strike Gold by Paying Less for Gold Bond
Recent reduction in customs duty has caused #Gold prices to fall, benefiting the government With sovereign gold bond maturing post-budget the govt pays less While the #Budget2024 seems publicfriendly, it cleverly serve govt interest
Epic Exit for FIIs (gap up & profit booking)
Strategically fostering a bullish market sentiment to entice Foreign Institutional Investors (FIIs) for a seamless exit. Precision in execution, maximizing gains.
#banknifty#nifty50#StockMarket
Qatar's 57,000 CR Tax Turbulence
Just heard #Qatar Airways got a GST demand notice of 57,000 CR. That's enough to buy two #AirIndia
Hope other flight stays clear of the financial turbulence.
FII play a different game focusing on #FNO beyond cash numberTheir strategy involve multiple leg allowing for gain in 1 while mitigateloss in anotherDII can support but not create market topOnly whenFII resume buying market high may be revisited Patience with SIP is key untilthen
#Adani Total Gas #stock down by 85% post #Hindenburg report, but retail #investor number increased from 130,822 (Dec '22) to 484,847 (Sep '23)
No wonder retail Investors are #Retail Investors they will keep averaging till the time they have #Gas left⛽️
@Saquib618@ManishNifty Trading success isn't a one-trick pony. Relying solely on Fibonacci, harmonics, or Elliott wave is a shortcut to disappointment. Markets are dynamic, influenced by many factors. Diversify your approach, embrace risk management, and stay adaptable.
@ManishNifty Absolutely! it's not just about the thrill of BUY; it's equally crucial to BOOK profits & manage risk Long-term investing is commendable, but understanding when to secure gains add another layer of financial wisdom Its a nuanced dance between strategic buying and timely booking
@Abhishekkar_ Success in F&Otrading is often depicted via rosetinted lenses on social media While it may seem like everyone else is raking in profit the truth is appearancecanbe deceivingStay focusonyoustrategy embracethejourney & let genuine success speak louderthan noise of exaggerated claim
#biocon#BREAKDOWN can be played for #INTRADAY tomorrow as the #stocks is consolidating from past 16 days
intraday esliye as immediate support is near to 211 if it break then we can deploy #optiontrading strategies as next support is around 156 for defined risk & reward.