Day Trading Stocks & Futures

[siddhant4u]

if you go more macro level, you could see that there was no business for small vendors selling umbrella, raincoat for school kids during monsoon. There was no biz of stationary (at the level it should be in normal school time). Go to tier2-3 cities and school teachers are paid 15-20% less salary (known relatives). Parents are not paying fees for school kids.

 

[siddhant4u]

Biggest trouble is hefty govt pay the babus are getting..
They are not doing anything creative..they are not even doing their job properly without getting bribed

Massive salary increase of Govt babus is something for which the taxpayer individual and companies has to bear the burnt...they are not spending their earning hence no contribution to economy as such..
privatization is only solution to this

not neccessarily... sectors which are profitable are needed in such time. One which are in losses should be sold. Successive govt (all parties) sell off profitable one (refinery or railway) but want to retain loss making Air India, photo films, and hundreds other...


it's like Govt is retail newbie trader, Booking Profit early and retaining losses forever....

 

[Raj232]

Biggest trouble is hefty govt pay the babus are getting..
They are not doing anything creative..they are not even doing their job properly without getting bribed

Massive salary increase of Govt babus is something for which the taxpayer individual and companies has to bear the burnt...they are not spending their earning hence no contribution to economy as such..
privatization is only solution to this

Instead of privatization, where companies only work for profit, it is still beneficial.. eg Passport seva.. comes at a much higher price. Basically there needs to be only 2 things.. computerization and transparency.

Looks like they will load a dip soon.

 

[against_tides]

Instead of privatization, where companies only work for profit, it is still beneficial.. eg Passport seva.. comes at a much higher price. Basically there needs to be only 2 things.. computerization and transparency.

Looks like they will load a dip soon.

Some govt entities are profitable cause there is no competition (IOC etc)..let it open for private players and see where the market goes..

and the cheap government services are very costly..
I had spent 10000 rs of petrol and time just to get a temporary electric meter... no matter how much cheap govt electricity is...can't compensate for their sheer laziness..

Govt itself is not made to do business..it is made to govern..

 

[siddhant4u]

Instead of privatization, where companies only work for profit, it is still beneficial.. eg Passport seva.. comes at a much higher price. Basically there needs to be only 2 things.. computerization and transparency.

Looks like they will load a dip soon.

exactly, the services which earns money need to be managed efficiently. Passport services, real estate stamp duty collection, driving license etc are good money earning dept. Govt could monetise by selling data to third party too.

 

[siddhant4u]

Some govt entities are profitable cause there is no competition (IOC etc)..let it open for private players and see where the market goes..

and the cheap government services are very costly..
I had spent 10000 rs of petrol and time just to get a temporary electric meter... no matter how much cheap govt electricity is...can't compensate for their sheer laziness..

Govt itself is not made to do business..it is made to govern..

agree. Healthcare, Education should be nationalized (and run by independent bodies like in EU) and rest manufacturing units should be sold. Railway privatisation is not success in most developed countries so I doubt it will be in India too. Reason is you can't sell whole network to one company. the maintenance will still be with govt as no pvt firm would want to retain the expensive part. Safety will still be under govt so any accident it will fall on govt. Again, what I see is govt will sell off profitable cargo section of railway to pvt bidder and retain subsidized passenger trains services.

if only Niti Aayog comes to visit traderji they will find solution to all their problem.

 

[Raj232]

Instead of privatization, where companies only work for profit, it is still beneficial.. eg Passport seva.. comes at a much higher price. Basically there needs to be only 2 things.. computerization and transparency.

Looks like they will load a dip soon.

Maybe not many stoplosses got hit... now taking it up ..
.. and will drop it from higher level.. lets see..

 

[siddhant4u]

is there any meeting by RBI or something?

bn spot 15 min tf

 

[travi]

is there any meeting by RBI or something?

bn spot 15 min tf

View attachment 44182

you can post one more shot now

 

[siddhant4u]

you can post one more shot now

another one is very dangerous...

daily tf