morning thoughts...
The markets traded in a range but could not cross the resistance levels mentioned.
We have mentioned about the mega astrological change at 1.30 pm last day and its trickling effect can be witnessed sson.
Technically the markets are in deceptive mode and looks weak in the coming sessions.
The delisting process on the Indian stock exchange has always been cumbersome and taxing. Corporates maneuvering rules to their advantage was another dampener.
However, with SEBI planning to revamp delisting rules, the process is likely to become more investor friendly. For one, it shall reduce the tax burden on investors. Currently, the settlement of delisted shares is done offline. This attracts higher tax. With SEBI proposing an online exchange and tendering of shares, the tax burden on investors will reduce. This is likely to make the delisting process cheaper. It is also considering shortening the delisting timeline from 137 days to 50 days. Both these steps are a welcome move. However, the biggest concern for investors is to get the right price during the delisting process. While steps like these would help in better price discovery, SEBI should also take measures to protect the interests of minority shareholders during the tendering process.
Coming to the commodity markets bullions - gold and silver looks strong, whereas base metals , energy looks weak.
The markets traded in a range but could not cross the resistance levels mentioned.
We have mentioned about the mega astrological change at 1.30 pm last day and its trickling effect can be witnessed sson.
Technically the markets are in deceptive mode and looks weak in the coming sessions.
The delisting process on the Indian stock exchange has always been cumbersome and taxing. Corporates maneuvering rules to their advantage was another dampener.
However, with SEBI planning to revamp delisting rules, the process is likely to become more investor friendly. For one, it shall reduce the tax burden on investors. Currently, the settlement of delisted shares is done offline. This attracts higher tax. With SEBI proposing an online exchange and tendering of shares, the tax burden on investors will reduce. This is likely to make the delisting process cheaper. It is also considering shortening the delisting timeline from 137 days to 50 days. Both these steps are a welcome move. However, the biggest concern for investors is to get the right price during the delisting process. While steps like these would help in better price discovery, SEBI should also take measures to protect the interests of minority shareholders during the tendering process.
Coming to the commodity markets bullions - gold and silver looks strong, whereas base metals , energy looks weak.
Change of uranus , jupiter and mars in saggitarius and solar eclipse on 23 october (invisible in india)- effects on equity , commodity markets and individual horoscopes
Mega deception and surprise ahead
Nifty 7200 or 8500...?
After Dlf 140 pa , mega initiation of jackpot options and jackpot fo call for returns in tune of 5-6 times
www.astroeyes.blogspot.in
Thursday wealth Creators
Buy gold , silver mcx
Sell crude , copper , zinc mcx
Sell nifty and bank nifty
Double bumper buy dlf 110 ca
Jackpot option buy m&m 1200 pa
Buy petronet lng , itc
Sell Mcloed russel , delta corp
Jackpot Sell United breweries
Fii Sell Titan
Thursday wealth Creators
Buy gold , silver mcx
Sell crude , copper , zinc mcx
Sell nifty and bank nifty
Double bumper buy dlf 110 ca
Jackpot option buy m&m 1200 pa
Buy petronet lng , itc
Sell Mcloed russel , delta corp
Jackpot Sell United breweries
Fii Sell Titan
