Heromotoco after sell call crashed 100 points!!! 2552 to 2452
HEROMOTOCO Crashed after our Sell Call………. 2552 to 2452
Yesterday Recommend Hot Sell below 2552
See Today Morning also we written Selling alert
See now trading 2450………… Down 100 points after our alerts!!!
Updated : 12.48pm / 16th April’15
GEOJITBNPP……….. Blasted 63, Recommend at 56.50!!!
Yesterday Recommend GEOJITBNPP Looks very hot above 56.50
Yesterday too……… Rocked 59
See now Rocked 63 levels………
Today if close above 62………. We see next Target 70+
Updated : 10.51am / 16th April’15
16th April’15 Nifty Future update
NIFTY FUTURE closed : 8786
Yesterday boldly written Nifty Future Resistance at 8880 and strong Support at 8760
U know Yesterday’s high and low ??
NF made a high of 8873.65 and Low of 8757.80……
Seen Sharp panic selling at higher level
But FII’s bought 800cr in Index Future!!!
Today Nifty Future consider Resistance 8800 & 8820
If crossover 8820………….. will test next Resistance 8850
Higher level stay caution or can create shorts with Tight stop of ??
Today’s Supports 8775 & 8755
Once if breaks 8755 with volumes………… Panic will be expected up to ??
Where to Entry, Exit and Reversal point update to our clients on Live Market
Updated : 08.58am / 16th April’15
16th April’15 Banknifty Future levels
Banknifty Future Supports & Resistance levels
Only to our Paid clients!!!!
Updated : 08.56am / 16th April’15
16th April’15 Hot Calls
HEROMOTOCO
(Closed : 2525 )
HEROMOTOCO Yesterday Recommend to our clients Hot Sell below 2552
Now again can sell around 2530-2540
Down side support 2480 & 2450 levels
AUROPHARMA
(Closed :1360.55 )
Pharma Stocks looks Tired now……….. Except Auropharma
Strong support around 1320………. so decline to buy with stop of support level
Expected Target 1400
BHEL
(Closed : 232.40 )
BHEL Last 10 days Range around 227 & 245
Yes, Can Sell around 235-238
Down side support 227………. If breaks 227 more panic will be expected!!!
MCDOWELL-N
(Closed :3888.20 )
MCDOWELL-N now trading near by Support level
Today once if breaks the level
Fall will be expected up to 50-70 pts from our alert
Which level will breaks???
Clients special call
GUESS
Today’s GUESS………
XXXX SELL BELOW 791 TARGET 785 782
STOP-LOSS 795
Guess………….. Which stocks ???
( Yesterday’s Guess call :Not activated )
Updated : 08.53am / 16th April’15
Government to go ahead with Rs 40,000 crore tax demand from FIIs –
Foreign institutional investors (FIIs) have lost a case against levy of tax on capital gains they made. They had gone to a tribunal, which is called Authority for Advance Rulings against levy of 20 percent Minimum Alternate Tax (MAT) on capital gains but got a judgment against themselves as the tribunal decided against them.
Finance Minister Arun Jaitley said the government will press ahead with Rs 40,000 crore tax demand on FIIs as they lost a case against levy of tax on capital gains they made. Jaitley said if the government did not tax FIIs, India would look like a haven. He further added that the amount involved is Rs 40,000 crore and I can change the face of India’s irrigation with that Rs 40,000 crore. He also mentioned that government has abolished the MAT from April 1, 2015, but the demands pertain to tax related to earlier period and FIIs wanted it to be waived.
India introduced MAT in 1997 as a means of combating tax avoidance among domestic businesses. In its budget in February, the Indian government clarified that no FII would be liable for MAT after April 1, 2015. However, in the biggest-ever tax demand slapped on FIIs, nearly 100 foreign funds were asked to cough up an estimated $5-6 billion for ‘untaxed gains’ made by them in the domestic markets over the past years.
Till March 31, close to 100 FIIs got notices from the Tax Department for MAT of 20 per cent and were followed up with Assessment Orders. Foreign investors have said that the move goes against the government’s stated position of providing a ‘non-adversarial and stable tax regime’
Source : Livemint.com