Sridhar TA

Markets today with pivot point information

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7 months ago | [YT] | 0

Sridhar TA

What information the viewers like most?

7 months ago | [YT] | 0

Sridhar TA

Here are the key take aways of Union Budget

Highlights of Union Budget 2023-24

* *No changes in Capital Gains Tax*

* *Direct Tax Old Regime*

Upto 3 lac Income- Nil Tax
3 to 6 lac - 5% Tax
6 to 9 lac - 10%
9 to 12 lac - 15%
12 to 15 lac - 20%
15 lac above - 30%

*New Regime Direct Tax*

* upto 7 lac - Nil Tax

* *Surchage highest rates reduced from 37% to 25%*

* *No changes in 80C / 80 D / 80CCD*

* Per Capita Income for the current year is Rs. 1,97,000/- ( Approx 2400 USD )

* Current Year Growth Seen at 7%

* Free Food Scheme extended for a year, expenditure of 2 Lac crs Borne by Central Govt

* Multiple Policies for Green Growth, Digital Infrastructure, etc...

*Push for Tourism* : 50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism

One-time, new savings scheme for women with a tenure of two years to offer 7.5 percent interest rate with partial withdrawal option.

Investment limit in small savings schemes like Senior Citizen Saving schemes (SCSS) increased to Rs 30 lakh from 15 lakh earlier.

Investment limit in Monthly income scheme (MIS) increased to Rs 9 lakh, up from rs 4.5 lakh, for single account. For joint accounts the limit has gone up to Rs 15 lakh, up from Rs 9 lakh.

* PM Awas yojana Funds increased by 66% to Rs.79000 crs

* Capital Investment outlay increased by 33% to 10 lakh crs, 3.3% of GDP

* Effective Total Capex Will be Rs.13.7 lakh crs forming 4.5% of GDP

* Railways Outlay at Rs. 2.4 lakh crs highest since 2014 almost 9X

* Rs.10000 crs for Urban Infra Development Fund

* 3 Centers for Excellence, For Artificial Intelligence

* Rs.7000 crs outlay for 3rd phase of e-courts

* MSME's to get 95% of forfeited amount for contract failure during covid

* Outlay of Rs.35000 crs for Energy Transition Investment

* Outlay of Rs.20700 crs for Renewable Energy at Ladakh

* Agri Credit Target increases to Rs.20 lac crs

* Rs.9000 allocated for revamp of Credit Guarantee Scheme

* Rs.6000 allocated for Fisheries

* Net market Borrowing Target Rs.11.8 lac crs

* Gross Borrowing Target Rs.15.4 lakh crs

* 16% increase in NCCD on certain cigarettes
I FEEL BUDGET IS GOOD - WHICH WILL HELP FOR GROWTH, EXPENSES, and CAPITAL EXPENDITURE, in short, it will help GDP improvement

2 years ago | [YT] | 0

Sridhar TA

Know the historical facts

Lord Canning in 1858, after the transfer of Government of India to the British Crown, Lord Canning was appointed the first Viceroy of India. He reorganized the whole administration and made it efficient and responsive, Indian Councils Act was passed during his time.

2 years ago | [YT] | 2

Sridhar TA

Dear viewers, Vedanta Ltd announces Special Dividend of Rs. 17.50, Ex-date: 29 Nov 2022. Will you buy now?

3 years ago | [YT] | 1

Sridhar TA

Dear viewers Vedanta Ltd announces Special Dividend of Rs. 17.50, Ex-date: 29 Nov 2022.

3 years ago | [YT] | 1

Sridhar TA

Stock Market intra day trading is not a gamble to make profit by luck. It involves the understanding of price action and various technical indicators

Some of the important paradigms

1. Support and Resistance
2. Relative support index
3. Bollinger bands
4. 5 days moving average
5. 10 days moving average
6 20 days moving average
7. Volume
8. FII inflow
9. DII contribution
10 News driven
11. Global market trends
12. Inflation
13. Quarter ending results of the company

The above 13 points will decide to buy or sell a stock

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3 years ago | [YT] | 3

Sridhar TA

Today's market cues. Market gap down possible

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3 years ago | [YT] | 2

Sridhar TA

Short covering today. USDINR went up. Rupee is weak against dollar. Global inflation is a worry

3 years ago | [YT] | 1