Equity Breakout Trader, Technical Analysis is Foundation of My Trading, Baki Sab Moh Maya Hai. All The Views Are Educational & Information Purpose Only.
#dynamatech again coming near breakout
this time it is breakout 9900 & heading towards 11000 i feel. Good volume build up after posting good #Q3results
support stands at 8800
MIND GAMES OF THE MARKET:
1. It makes every missed trade look obvious after the move is over.
2. It rewards your bad habits just enough to make you think they're good habits.
3. It shows you thousands of opportunities every day and still makes you feel like you're missing out.
4. It makes you feel like a genius in a bull market and an idiot in a bear market.
5. It shows you the profits you could have made and hides the risks you would have taken.
6. It makes patience feel stupid right before patience pays.
7. It gives you just enough hope to hold a loser and just enough fear to sell a winner.
8. It makes you believe the next trade will fix the damage caused by the last one.
9. It makes you think more information will solve a problem that's actually emotional.
10. It makes you regret the trades you didn't take more than the bad trades you actually took.
Study this. Not to beat the market, but to understand how it manipulates your emotions. That's the real game.
Congratulations to the @FinMinIndia
As Foreign Portfolio Investors sold Rs 20000 Crores plus NET in a single day today. A record
India's worst performing major stock market trend gains further impetus
@PMOIndia@narendramodi massive course correction required
Respected @nsitharaman ji and @FinMinIndia ,
Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.
A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.
India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.
The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.
Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.
India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.
Respectfully submitted.
Asking for STT throughout the year every single day, then again asking for LTCG and STCG tax at the end of the year, is not only unfair but also a crime against the common citizen of this country.
A common man should not be punished for trying to save his hard-earned money and grow it a little to pay for his child’s marriage or college fees in the future.
The govt needs to understand that what’s currently happening is nothing less than double taxation, and it makes the common man feel like he is a slave being robbed by a govt-approved mafia.
#nestle india ATH breakout.
Posted strong numbers.
breakout : 1385
Support 1290
Target: 1500, 1570 in short term
add in dips up to 1340
#breakoutstock
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1. Mazdock