Day Trading Stocks & Futures

[TraderRavi]

'Nifty to touch 13,000 by September 2020, actual recurring EPS upgrade seems to be lower'


https://www.moneycontrol.com/news/b...ng-eps-upgrade-seems-to-be-lower-4468211.html

 

[TraderRavi]

'Invest more as market enters bullish phase, Nifty to hit 15,000 by 2021'

https://www.moneycontrol.com/news/b...phase-nifty-to-hit-15000-by-2021-4467851.html

 

[travi]

With my limited knowledge, if one wants to save tax by starting up an industry, isn't that good for the country? At least job creation will be there... And by chance if it turns out success or acquired by some biggie, entrepreneur just got lottery. Don't know much, i think we should discuss. I'm an aspiring entrepreneur

his context is different. These aren't enterprises but more like shell companies (dummy) then you can show lot of expenses and evade tax.

 

[Self-employedTrader]

What is much needed is a boost to manufacturing i.e the small/medium scale guys. This is the sector that has borne the maximum brunt thus far. Demonetization, economic slowdown, increase imports from china have all rendered this sector in a bad shape.
Corporate tax cut may be a good thing but its unlikely to propel the economy back to 8%. At best it is only good from an earnings/stock market perspective. Unless, significant steps are taken to revive MSMEs the economy will continue to languish.

Maybe that's why US took China decisions. We should also follow it to some extent to boost small scale businesses here i think.

 

[Happy_Singh]

'Invest more as market enters bullish phase, Nifty to hit 15,000 by 2021'

https://www.moneycontrol.com/news/b...phase-nifty-to-hit-15000-by-2021-4467851.html

YA, NIFTY 50,000 BY 2035 . . .






EDIT: BTW, its just 9% annual compounding for 17 years [11,600 x (1.09)^17]

 

[travi]

YA, NIFTY 50,000 BY 2035 . . .






EDIT: BTW, its just 9% annual compounding for 17 years [11,600 x (1.09)^17]

that is very conservative. Rakesh Jhunjhunwala's target was 1L plus

 

[doss186]

Today is an interesting day as nifty itslef traded only 25% of ATR14. So we may look for range expansion tomorrow. My bias is on bullish side @11670 and bearish it falls below 11575.

 

[Self-employedTrader]

his context is different. These aren't enterprises but more like shell companies (dummy) then you can show lot of expenses and evade tax.

Wouldn't our financial intelligence departments check on these practices. There should have been clearcut laws against shell companies by IT department.

 

[Happy_Singh]

that is very conservative. Rakesh Jhunjhunwala's target was 1L plus

ya I realized once i posted it, its actually conservative . . .

but with 15% even Jhunjhun looks conservative


.

 

[TraderRavi]

that is very conservative. Rakesh Jhunjhunwala's target was 1L plus

Pehle 2009 wala gap bhi to fill hona hai