Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
I have analyzed it few times...but the fear of trade going in opposite direction is very much..so very brave decision to be taken...
The question was asked only on day trading …
If we add positions to intraday trends when we are in positive zone, it could give good results in trending days. But considering the undisputed fact that number of ranging days would out number trending days, broadly we cannot have a statistical edge in this process. Because in ranging days, the stops would get hit frequently and double the loses.
If you made good profit in initial trades, yes risk can be taken on that profit money. That risk you said can be taken in new trade also. So that is not specific to pyramiding.
Edit: For long term investments, it is a good idea to add to profit positions.
If we add positions to intraday trends when we are in positive zone, it could give good results in trending days. But considering the undisputed fact that number of ranging days would out number trending days, broadly we cannot have a statistical edge in this process. Because in ranging days, the stops would get hit frequently and double the loses.
If you made good profit in initial trades, yes risk can be taken on that profit money. That risk you said can be taken in new trade also. So that is not specific to pyramiding.
Edit: For long term investments, it is a good idea to add to profit positions.
Motilal Oswal has come out with 4 index funds NFOs. They have always maintained that they believe in all equity funds so why these 4 index funds ,one wonders......they could have bought some specialised equity fund based on some unique theme such as Mid To Mega ( concept they mentioned in one of their wealth creation reports) or Nifty outperformers etc which are great concepts in wealth creation.....I have written to Ramdeo Agrawal....dont know if he cares to reply....
Smart_trade
Smart_trade
Last edited:
Telecom firms owe over Rs.92,000 Crores to Government of India
Government informs Supreme Court till date Telecom firms owe 92,000 crores
By
Team PGurus
-
July 29, 2019
Government informs Supreme Court till date Telecom firms owe 92,000 crores
The Department of Telecom (DoT) on Monday informed the Supreme Court that leading private telecom firms like Bharti Airtel, Vodafone, and state-owned MTNL and BSNL have pending license fees outstanding of over Rs.92,000 crores till date. DoT filed the affidavit of huge dues to the apex court in a case related to telecom firms and Telecom Tribunal.
Airtel owes Rs.21,682.13 crores as license fees to the Telecom Department. Dues from Vodafone totaled Rs.19,823.71 crores while Anil Ambani’s defunct Reliance Communications owed a total of Rs. 16,456.47 crores, DoT said. The State-owned BSNL owed Rs.2,098.72 crores while MTNL owed Rs.2,537.48 crores to the public exchequer. The total amount which has to be recovered from all the telecom firms accrues to Rs.92,641.61 crores as on date, said DoT.
Details of unpaid License fees by firms
As per the New Telecom Policy, telecom operators are required to share a percentage of their Adjusted Gross Revenue (AGR) with the government as an annual License Fee (LF). In addition, mobile telephone operators were also required to pay Spectrum Usage Charges (SUC) for the use of radiofrequency spectrum allotted to them.
In 2016, the Comptroller and Auditor General (CAG) had caught six telecom companies for not paying and hushing up more than Rs.45000 crores to the public exchequer. The telecom firms’ fraud was caught by the auditing agency after inspecting their revenues during the period 2006 to 2010. After the 2G Scam, the CAG decided to audit the revenue of all telecom companies as they are mandated to share a portion of revenue to Government as per licensing agreement. All Telecom companies approached Delhi High Court and Supreme Court to prevent CAG from auditing them and lost the case.
https://www.pgurus.com/telecom-firms-owe-over-rs-92000k-crores-to-government-of-india/
Government informs Supreme Court till date Telecom firms owe 92,000 crores
By
Team PGurus
-
July 29, 2019
The Department of Telecom (DoT) on Monday informed the Supreme Court that leading private telecom firms like Bharti Airtel, Vodafone, and state-owned MTNL and BSNL have pending license fees outstanding of over Rs.92,000 crores till date. DoT filed the affidavit of huge dues to the apex court in a case related to telecom firms and Telecom Tribunal.
Airtel owes Rs.21,682.13 crores as license fees to the Telecom Department. Dues from Vodafone totaled Rs.19,823.71 crores while Anil Ambani’s defunct Reliance Communications owed a total of Rs. 16,456.47 crores, DoT said. The State-owned BSNL owed Rs.2,098.72 crores while MTNL owed Rs.2,537.48 crores to the public exchequer. The total amount which has to be recovered from all the telecom firms accrues to Rs.92,641.61 crores as on date, said DoT.
As per the New Telecom Policy, telecom operators are required to share a percentage of their Adjusted Gross Revenue (AGR) with the government as an annual License Fee (LF). In addition, mobile telephone operators were also required to pay Spectrum Usage Charges (SUC) for the use of radiofrequency spectrum allotted to them.
In 2016, the Comptroller and Auditor General (CAG) had caught six telecom companies for not paying and hushing up more than Rs.45000 crores to the public exchequer. The telecom firms’ fraud was caught by the auditing agency after inspecting their revenues during the period 2006 to 2010. After the 2G Scam, the CAG decided to audit the revenue of all telecom companies as they are mandated to share a portion of revenue to Government as per licensing agreement. All Telecom companies approached Delhi High Court and Supreme Court to prevent CAG from auditing them and lost the case.
https://www.pgurus.com/telecom-firms-owe-over-rs-92000k-crores-to-government-of-india/
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