VERY BIG ANNOUNCEMENT
1) CORP TAX RATE SLASHED; EFFECTIVE RATE AT 25%
2) TAX ON SHARE BUYBACK WITHDRAWN
3) 15% MAT FOR COs SEEKING EXEMPTIONS
4) TAX RELIEF FOR FPIs ON CAPITAL GAIN
5) 15% TAX FOR MFG COs SET UP AFTER OCT 1
NiftyFuture broken strong resistance 11150………and now trading at 11260
Now…….NF currently trading around 200 DMA 11260.
If closes above the level………Non stop rally will be expected on next week
Expecting targets 11420 and 11570…………
If comes decline can buy!!
Updated : 12.14 PM / 20th Sept 2019
