General Trading Chat

[timepass]

Unionbank : 5% upmove today, was nearly 10% but it retraced. The move in the last 5 min probably says that the longs have probably exhausted around 186-187. A sharp upmove to take out any shorts and then slide back to 175. Any views ?

 

[traderniftybull]

Unionbank : 5% upmove today, was nearly 10% but it retraced. The move in the last 5 min probably says that the longs have probably exhausted around 186-187. A sharp upmove to take out any shorts and then slide back to 175. Any views ?

View attachment 23205

jaan abhi hai, is scrip mein
if stays above 180

 

[manoj2012]

Dear Manoj, In my view, No stocks move directly or indirectly proportional to one another. Each stock has its own cycle. They will always go on their own cycle. We tend to see them going in the same or opposite direction often and interpret they will go in same direction or opposite to each other. that is just because though they move in their own cycles, sometimes they meet at same directions. remember, in a clock, shorthand, long hand and second hand will move on their own speed but they have the characteristics to meet at some point. Also, each planet rotates at their own speed but once in few years they have tendency to come in same straightline. live practical example is few days back all bank stocks were firing because of Govt recap plan, but few bank stocks were falling.

In case of Airlines ATF (airline turbine fuel, a derivative of Crude) consists of 80% of operative cost ......

So if crude goes down their profit goes up ...

 

[manoj2012]

http://www.moneylife.in/article/ppf-a-c-will-be-closed-nscs-encashed-if-holder-turns-nri/52021.html

PPF a/c will be closed, NSCs encashed if holder turns NRI
IANS30 October 2017

Amending rules on post office savings schemes like the National Savings Certificates (NSC) and Public Provident Fund (PPF), the government has notified that such accounts would be closed prior to maturity in case of holders changing their personal status to become non-resident Indians (NRIs).

The amended rules were notified in the official gazette earlier this month.

The amendment to the PPF Scheme, 1968, says: "If a resident who opened an account under this scheme, subsequently becomes a non-resident during the currency of the maturity period, the account shall be deemed to be closed with effect from the day he becomes non-resident."

The interest payable would be up to the date of the account closure, it said.

A separate notification on NSCs said in case of a similar change of status of the certificate holder before the maturity period, "the certificate will be encashed, or deemed to be encashed on the day he becomes non-resident" and interest will be paid accordingly.

NRIs are not allowed in instruments like the National Savings Certificates, Public Provident Fund, Monthly Income Schemes and other time deposits offered by the post office.

Asked to comment in this regard, an investment consultant said that it is unclear why NRIs are not allowed to invest in post office schemes.

Last month, the government had retained the interest rate on Public Provident Fund for October-December unchanged at 7.8 per cent, in line with the rates for small savings schemes.

Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

 

[Smart_trade]

Got the IT Assessment order today under section 143(1) for assessment year 2017-18. Last year I got it within 10 days of filing returns....this year it is delayed a little...

Filing correct returns and paying income tax correctly helps ......

Smart_trade

 

[timepass]

What is an "assessment order" ??

Got the IT Assessment order today under section 143(1) for assessment year 2017-18. Last year I got it within 10 days of filing returns....this year it is delayed a little...

Filing correct returns and paying income tax correctly helps ......

Smart_trade

 

[manoj2012]

What is an "assessment order" ??

Assessment (confirming the correctness or incorrectness) of Income Tax Return Filed by you .....

 

[Smart_trade]

What is an "assessment order" ??

It is an intimation U/s 143(1) stating that the returns submitted have been accepted by the Govt and Income Tax calculation matches with their calculation and there is no tax to be paid....refund will follow soon...

ST

 

[vivektrader]

Got the IT Assessment order today under section 143(1) for assessment year 2017-18. Last year I got it within 10 days of filing returns....this year it is delayed a little...

Filing correct returns and paying income tax correctly helps ......

Smart_trade

Coincidence, even I got it today, confirming the refund amount+interest. Was getting curious as it was much faster last year, even got a bronze certificate of appreciation that time, probably they are busy with GST this year.

 

[vivektrader]

It is an intimation U/s 143(1) stating that the returns submitted have been accepted by the Govt and Income Tax calculation matches with their calculation and there is no tax to be paid....refund will follow soon...

ST

Sirji, Nifty daily sell combo at no.11.