Special Article : Interim Budget Expectations and What to Look for

As this is an election year, the Indian government will present an Interim budget, which is different from a Union budget and Vote of Account. In the Interim budget, income tax rules can be tweaked, but most governments have chosen not to make any major changes. A Vote of Account enables government to fund its expenses till the full budget is passed. They cannot do any changes in direct taxation as it needs to be passed through a Finance bill.

Sector Expectations

Auto

The Auto industry wants the government to announce a one-time incentive in the form of a tax rebate for replacing vehicles Continue reading “Special Article : Interim Budget Expectations and What to Look for”

Market Status Changed

India’s benchmark indices had support at the 50-DMA last week, before plunging lower today. With the Nifty breaching its 50-DMA, and distribution day count at five, we moved the market in a Downtrend.

– The market status was downgraded to an Uptrend Under Pressure on December 24, and since then, the Nifty was trading range bound and unable to sustain gains. Continue reading “Market Status Changed”

Special Report : Don’t Shy Away From a Re-buy Even if a Good Stock’s First Breakout Fails

Remember the saying, “If at first you don’t succeed, try, try again?” In stock investing, you have to be prepared to do just that. It might take several buys before a stock starts moving your way.

Trading is not as easy as just hitting the buy button on a sound stock that is breaking out of a textbook chart pattern in heavy volume. You cannot expect every stock you buy to be a big winner the first time you buy it. Even if you have bought the true leader in a top-ranked group, you can still be prone to a shakeout. Continue reading “Special Report : Don’t Shy Away From a Re-buy Even if a Good Stock’s First Breakout Fails”