Diwali Muhurat Trading 2021 picks 1) (RVNL) Rail Vikas Nigam Ltd cmp 36 support 31 HL 51+, BEL cmp 202 support 183 HL 1000+ , Vidhi Speciality Food Ingredients cmp 350 support 295 HL 500+ , Tvtoday cmp 324 support 284 HL 400-550+ , All the best , trade with strict stoploss and Risk management
Showing posts with label Share Investing. Show all posts
Showing posts with label Share Investing. Show all posts
Berger paint 21sep21
Berger paint 21sep21 support 790 HL 845-870-900+
Trade with risk mgmt, do your own analysis
MANGALAM 01sep21
MANGALAM 01sep21 cmp 151 support 136 HL 196+
Trade as per Risk Mgmt , do your own analysis
Upstox Demat Account opening
I’m a Partner with Upstox , anyone wishes to open an account with Upstox can click the below link and can open account https://upstox.com/open-account/?f=3TAKQ8
KSCL 20aug21
KSCL 20aug21 cmp 578.50 support 560 HL 648-680-790-816-860+
Do your own stusy and trade with risk management
CENTURYTEX 11aug'21
CenturyTex 11aug'21 cmp 749 support 656 HL 920-1050+
This for educational purpose , pls do trades on your own analysis
Trade with risk management
NIFTY 06AUG21
NIFTY 06aug21 support 15650 HL 16650-16900-17500+
Trade with risk management ,this is for educational purpose only
KNR CONSTRUCTIONS 06JUNE21
KNRConstructions 06jun21 cmp 229 support 216 HL 241-272-311+
Always do your own anlaysis before you trade and please follow risk management
VIDHYATEL 06JUN21
VIDHYATEL 06JUN21 CMP 1075 SUPPORT 975 HL
1555+
Pls do your own analysis before trading and apply risk analysis
Nanaya Vikatan post on 29th May 2021
This week’s article in ‘Nanaya Vikatan’ Tamiil magazine
https://www.vikatan.com/business/share-market/buy-and-sell-timing-for-share-investment
Nanaya Vikatan post on 29th May 2021
https://t.me/systematictrades
https://t.me/StocksStudy
Nifty 12may2021
Nifty 12may21 support 14700 resistance 15000 need a breakout
If Nifty breaks down next support 14500/14400
Nanaya Vikatan Tamil magazine published on 08/5/2021
Tax profits on equity
longtern capital gain tax if less than 1 lakh rupees no tax
https://www.vikatan.com/business/tax/share-and-equity-fund-for-tax-benefit
Taxation of Bonus shares and Stock split
Taxation of Bonus shares and Stock split
There are 2 types of Capital Gain taxes , 1) LTCG is Long Term Capital Gain 2) STCG is Short Term Capital Gain
LTCG is listed securities like shares , debentures ,bonds, etc in a recognized stock exchange sold holding more than
12 months is nil on the profits upto Rs 1 lakh and beyond Rs 1 lakh profit its 10% without indexation benefit.
STCG is same listed securities in a recognized stock exchange sold holding less than 12 months is 15% on the profit.
Holding period may vary for unlisted shares s 24 months and unlisted securities other than shares s 36 months.
BONUS SHARES are shares allotted for free to the shareholders and the shareholders dont pay anything to buy these
shares and your capital increases. For example if a person buys 100 shares of company on 1/8/2019 t Rs 100 each and on 5/2/2020
the company allots bonus shares in the ratio 1:1 so the total shares 100+100 is 200. On 2/9/2020 he sells all 200 shares at Rs 120 each.
LTCG on sale of original 100 shares which was bought more than 12 months (1/8/2019).
Cost price 100*100=Rs 10,000
Selling Price 100*120=Rs 12,000
Capital Gains =Rs 2,000
LTCG 10% = Rs 200
STCG on sale of 100 bonus shares which was allotted less than 12 months (5/2/2020)
Cost Price 100*0= Rs 0
Selling Price 100*120= Rs 12,000
Capital Gains = Rs 12,000
STCG 15% = Rs 1,800
So total tax LTCG is Rs 200 + STCG is Rs 1,800 = Rs 2,000
Here in Bonus shares company investment made Rs 10,000 and sold for Rs 24,000 , profit before tax is Rs 14,000, taxes paid Rs 2,000.
STOCK SPLIT is the same stock split into more shares where your capital remains same. For example if a person buys 100 shares of
a company on 1/8/2019 at Rs 100 each. On 5/2/2020 the company announces shares split in the ratio 1:1 , so total shares will be 100+100=200
but the stock price on the day was Rs 110 each will be divided by 2 where the stock will become Rs 55 each. On 2/9/2020 he sells all
200 shares at Rs 60 each.
LTCG on sale of 200 shares
Cost price 100*100 = Rs 10,000
Selling price 200*60 = Rs 12,000
Capital Gains =Rs 2,000
LTCG 10% = Rs 200.
Here in Stock split company investment Rs 10,000 and sold for Rs12,000, profits Rs 2,000 and taxes paid Rs 200
