Levels of Conviction (L.O.C) Public Channel
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"Welcome to L.O.C - Levels of conviction"
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Noticable thing
Still nifty couldn't close below last day's low....
Happy Gurupaurnima to all. 🙏
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Levels of Conviction (L.O.C) Public Channel
But not bearish on banks yet
Scanned major Global Banks from US, Hong Kong, Germany and France.

Technically very encouraging and saying HELLO to Indian Private Banks 🏦

( Nifty Private Bank Index @ 26008... 19th July '24 )

(Connect the dots)

Party 🥳 is about to begin in Global Banks.
Good morning all..
Mixed sentiments today.

No hurry.
Let the market settle.
The economic report will be out by 2 PM Today and tomorrow volatility ahead

Stay outside and watch the show.

Nothing much today.
We will keep observing our levels.
-12.8
No trade just keep watching
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Well... And index came flat to green.
Bnf reversal from same HTF demand zone
Ek chiz...
When this NTZ breaks clearly you will see 1000-2000 points rally in bank nifty either side.

So keep watch on the zone
Low trapping powerful reversal of 0.382
Now this stock may go up only.
Max may touch the fibo golden zone then upside
Now rahi baat market ki.
Social media says aj blood bath hoga.

My understanding says aisa kuch nhi hoga.

The market may close in green only.
So try to avoid downside setups.

Important levels already given in past if these break then downside.
But today don't see market crashing or so.

Keep watching.
History of Capital Gains Tax in India

1992 - 20% LTCG with Indexation
1997 - 20% LTCG with Indexation
1999 - 20% LTCG with Indexation
2004, 2008, 2016 - LTCG Exempt
2018 - 10% LTCG above 1L gains
2020 - 10% LTCG above 1L gains
2024 - ?
LIC kyu Diya hai
Those who ans. Will get one gem stock on a personal level.
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