Technical Analytics

Happen only on Crucial time

Rounding Bottom

This is a special shape formed at the bottom of the markets which looks similar to an elongated U shape, otherwise also called as a rounded shape. The start of round shape is taken as resistance in this case, breakage of which may result in upper markets. Trade can be initiated at this point placing a stoploss just below the U- bottom with reasonably same target.

Rounding Top

This is a rear case formed at the top of the markets to reverse the trend and hand over the market once again to the bears. A slow and steady cap shaped market can be observed during this phase. Take a short trade immediately after the supports slip and place a target same as the stop-loss which is the previous high.

Williams%R

Williams%R is same as other indicators once again except in its reading. Unlike other normal readings, it has typical negative readings on its scale. The indicator oscillates from 0 to -100. Same as stochastics, even Williams%R too has an overbought as well oversold regions for getting the stock movement at any point of time.

The recommended time period for this oscillator is 14 periods. It also had a centre/mid line containing a value -50 with it. Indicator line remaining above -50 for certain period of time indicates that markets are in bullish mood and the consistent closing periods below -50 indicates that the security is in the bearish phase.

*What was there for you in the Budget?*

(1) 2.5 lakhs to 5 lakhs slab income tax reduced from 10% to 5%. Hence you save tax.

(2) Income for individuals between 50 lakhs and 1 crs. To pay a surcharge of 10% and income above 1cr will continue the past surcharge.

(3) Cash transaction above 3 lakhs can't be done.

(4) Small companies having a turnover less than 50 cr. will pay only 25% tax vs 30% before

(5) Holding period for immovable property for long term reduced to 2 years from earlier 3 years.

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Major Highlights of Union Budget 2017:
1. Total Budget of ₹ 21.47 Lakhs crores for 2017-2018.
2. Increase in Direct Tax collection by 34% after demonetisation.
3. Holding period for LTCG for Land & Building reduced to 2 years.
4. Carried forward of MAT Credit for 15 years instead of 10 years.
5. 5% tax exemption for companies having turnover below ₹ 50 crores.
6. 6% presumptive tax for turnover upto ₹ 2 crores.
7. No cash transaction above ₹ 3 Lakhs will be permitted.
8. Maximum Donation receivable from unknown source by pol party will be ₹ 2k.
9. Change in period of limitation for scrutiny assessment.
10. 5 % tax for income below ₹ 5 Lakhs.
11. No tax for income upto ₹ 3 Lakhs.
12. 10% surcharge for assesse income between ₹ 50 Lakhs to ₹ 1 crores.
13. One page Income Tax return proposed.
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Budget 17-18: Agriculture sector expected to grow 4.6%, agriculture expenditure targeted at Rs 10 lacs crores, focus are credit agri disbursements.
Budget 17-18: Four state-run general insurance companies are in for a bumper revenue growth next year as the Fasal Bima Yojna allocation is raised to Rs 13,240 crore next fiscal
Budget 17-18: Increased allocation of Rs 23,000 cr for PM Awas Yojana
Budget 17-18: Allocation under MNREGA increased from Rs 38,500 cr to Rs 48,000 cr
Budget 17-18: Villages will be electrified by 2018, will have sleek roads and homes for everyone
Budget 17-18: Capital Expenditure for Railways Rs 1.31 lakh crore
Budget 17-18: Innovation fund to be created for secondary education
Budget 17-18: Proposals for electronics manufacturing received in last 2 yrs for Rs 1.26 lakh crore
Budget 17-18: Total allocation for infrastructure is Rs. 396135 crore
Budget 17-18: Allocation for National Highways Rs 64,000 crore
Budget 17-18: Govt to take up second phase of solar power development for additional 20,000 MW
Budget 17-18: Propose to create integrated PSU oil major
Budget 17-18: National Housing Bank will refinance individual loans worth Rs 20,000 crore in 2017-18
Budget 17-18: Rs 10,000 cr allocated for recalibration of PSU banks
Budget 17-18: Banks to introduce additional 10 lakh PoS by March 2017
Budget 17-18: Rs 2500 crore digital transactions targeted in FY18
Budget 17-18: Govt doubles lending target to Rs 2.44 lakh crore

Plz dont call me a" tip " am not a tips provider
What i learnt from my guru am just sharing with all if it possible share it to your friends

Knowledge is wealth...

Hi Everybody hope you are earning knowledge and money i had received most of the mails asking me about some books ,tips and strategies, here i want to tell you that this page gives you 90% of all kind of trading idea's read it from top to bottom you will get complete trading method,
if you are fresher watch chart for a month by keeping 5mn candle(Nse & Mcx)
Compare ur chart to one of my pattern's
For intraday trader be update ur self about that day news, find stop loss point

Happy Trading
vinodgooli