Day Trading Stocks & Futures

brokenbull

Well-Known Member
I did my annual re arranging the chairs on the Titanic deck this week . (I mean close/renew 1 year fd & start fresh 1 year senior citizen FD)

closed OBC & merged with PNB>FD no more.
closed corporation & union FD & merged as Union.(FD no more)

so far FD rates received this week (0.5% more as a senior)
SCSS 7
.4% (but locked for 5 years ) only 1.5 lakhs can get credit 80c deduction . but can deposit cumulative total max 15 lakhs per PAN. every year i put fresh 1.5 lakh in Senior Citizen Saving Scheme and use for 80c deduction.(quarterly interest but subject to tax like normal FD interest.
SIB-----5.9%
Karnataka-----5.6% (for their great service)
Axis-------5.8%
Indusind-----6.5%
KVB-----------5.75
CUB---------5.75%
EQUITAS-----6.5%
DCB-----------6.3%
opened 2 NEW A/C this week
BANDHAN -----6.5%
RBL-------------6.5%
lot of public sector fd's have been closed)syndicate,BOB,Bank of India ,Central ,IDBI etc.

keeping big balance in s/b in Indusind (5.5%) for RTGS to zerodha anytime.(linked to 2 brokers)
Also checking out some what bigger SB balance in EquItasSMB at 7%.% they must be despearte! or accuquiring new a/cs.

But Our Aunty FM sitharaman ji has given a pinky sweat promise that 5 lakhs per bank will be refunded in the event of collapse.
so not worried.
Our bankrupt Lakshmivilas bank which has become LVB/DBS has dropped FD rate to 5.7% .but will renew,
TMB also coming for renewal at 6.2% possible. will renew.
No banking relations with ICICI, HDFC.SBI, YES etc

 
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Raj232

Well-Known Member
I did my annual re arranging the chairs on the Titanic deck this week . (I mean close/renew 1 year fd & start fresh 1 year senior citizen FD)

closed OBC & merged with PNB>FD no more.
closed corporation & union FD & merged as Union.(FD no more)

so far FD rates received this week (0.5% more as a senior)
SCSS 7
.4% (but locked for 5 years ) only 1.5 lakhs can get credit 80c deduction . but can deposit cumulative total max 15 lakhs per PAN. every year i put fresh 1.5 lakh in Senior Citizen Saving Scheme and use for 80c deduction.(quarterly interest but subject to tax like normal FD interest.
SIB-----5.9%
Karnataka-----5.6% (for their great service)
Axis-------5.8%
Indusind-----6.5%
KVB-----------5.75
CUB---------5.75%
EQUITAS-----6.5%
DCB-----------6.3%
opened 2 NEW A/C this week
BANDHAN -----6.5%
RBL-------------6.5%
lot of public sector fd's have been closed)syndicate,BOB,Bank of India ,Central ,IDBI etc.

keeping big balance in s/b in Indusind (5.5%) for RTGS to zerodha anytime.(linked to 2 brokers)
Also checking out some what bigger SB balance in EquItasSMB at 7%.% they must be despearte! or accuquiring new a/cs.

But Our Aunty FM sitharaman ji has given a pinky sweat promise that 5 lakhs per bank will be refunded in the event of collapse.
so not worried.
Our bankrupt Lakshmivilas bank which has become LVB/DBS has dropped FD rate to 5.7% .but will renew,
TMB also coming for renewal at 6.2% possible. will renew.
No banking relations with ICICI, HDFC.SBI, YES etc

So basically you have made a FD portfolio of 55 Lacs.. with various banks.
 
PPF or Post office Monthly income scheme +reccuring deposit of that monthly income in the same post office will give even 10% and both PPF and this MIS is tax free ..far better than what HDFC RM offers..
Thanks Sir for the suggestion. I did explore it as an option a while ago.
Small correction to your calculations,

Max investible amount per person - 4,50,000 (lock in period -5 years)
MIS - current interest rate - 6.6% : 2475 per month (148500 for 5 years)
RD of 2475 @ 5.8% gives additional interest amount = 23999 for 5 years.
Total interest earned (5 years)= 148500 + 23999 = 172499
ROI per annum = 7.6% which is way better than any fixed income schemes.

There is no TDS on interest earned( this is often confused as tax free) but it is taxable.
It is individual responsibility to pay tax.
 
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Romeo1998

Well-Known Member
I did my annual re arranging the chairs on the Titanic deck this week . (I mean close/renew 1 year fd & start fresh 1 year senior citizen FD)

closed OBC & merged with PNB>FD no more.
closed corporation & union FD & merged as Union.(FD no more)

so far FD rates received this week (0.5% more as a senior)
SCSS 7
.4% (but locked for 5 years ) only 1.5 lakhs can get credit 80c deduction . but can deposit cumulative total max 15 lakhs per PAN. every year i put fresh 1.5 lakh in Senior Citizen Saving Scheme and use for 80c deduction.(quarterly interest but subject to tax like normal FD interest.
SIB-----5.9%
Karnataka-----5.6% (for their great service)
Axis-------5.8%
Indusind-----6.5%
KVB-----------5.75
CUB---------5.75%
EQUITAS-----6.5%
DCB-----------6.3%
opened 2 NEW A/C this week
BANDHAN -----6.5%
RBL-------------6.5%
lot of public sector fd's have been closed)syndicate,BOB,Bank of India ,Central ,IDBI etc.

keeping big balance in s/b in Indusind (5.5%) for RTGS to zerodha anytime.(linked to 2 brokers)
Also checking out some what bigger SB balance in EquItasSMB at 7%.% they must be despearte! or accuquiring new a/cs.

But Our Aunty FM sitharaman ji has given a pinky sweat promise that 5 lakhs per bank will be refunded in the event of collapse.
so not worried.
Our bankrupt Lakshmivilas bank which has become LVB/DBS has dropped FD rate to 5.7% .but will renew,
TMB also coming for renewal at 6.2% possible. will renew.
No banking relations with ICICI, HDFC.SBI, YES etc

Sir y No banking relations with ICICI, HDFC, SBI ...any major problem with these banks ? i have accounts in these 3 banks only...
tenor.gif
 

Romeo1998

Well-Known Member
Hi sir pls can you make a simple candle exploration sir....
Pls sir
Hello, i dont have amibroker with me anymore, i have stopped using it.... from amibroker and excel, i have shifted my whole system to pinescript and google apps script .... There are many other good coders here who will b able to write this code within a few minutes, good luck :)
 
Hello, i dont have amibroker with me anymore, i have stopped using it.... from amibroker and excel, i have shifted my whole system to pinescript and google apps script .... There are many other good coders here who will b able to write this code within a few minutes, good luck :)
thanks for reply sir..
can u guide me who can write this afl here?
 

apegaonkar9

Well-Known Member
I have preferred PPF against any other scheme.
- No government authority can freeze or seal this account even after you break law of land. It has got higest legal protection.
No other scheme has this provision. Your nominee will get full amount.

Have you ever faced hardships to get back your own money after maturity in post office?
I faced 2 times when purchased kitana Vikas patra.
After maturity they made my life miserable
- Go to the branch from where you have purchased.
- Minor signature mismatch force me to court for affidavit.
- Then I went prove I am the same person who is standing before them.
Eventually it suck my blood for 1 month.
That day decided No more post office scheme.

We are all learned and experienced.
I share my own.
 
I have preferred PPF against any other scheme.
- No government authority can freeze or seal this account even after you break law of land. It has got higest legal protection.
No other scheme has this provision. Your nominee will get full amount.

Have you ever faced hardships to get back your own money after maturity in post office?
I faced 2 times when purchased kitana Vikas patra.
After maturity they made my life miserable
- Go to the branch from where you have purchased.
- Minor signature mismatch force me to court for affidavit.
- Then I went prove I am the same person who is standing before them.
Eventually it suck my blood for 1 month.
That day decided No more post office scheme.

We are all learned and experienced.
I share my own.
Thanks for sharing this. Very useful.
 
Most are hitting ATH so no biggie, Godrejprop new ATH is worth a mention :D
These are one of the hardest hit spaces in consumer spending etc and usually the last to recover
mkt seems to see green shoots.
Today Reality Index 4%+ Up

Is Real Estate Market in a Turnaround Phase ....??

 

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