Levels of Conviction (L.O.C) Public Channel
171 subscribers
1.51K photos
25 videos
9 files
95 links
"Welcome to L.O.C - Levels of conviction"
Get expert stock market learning : Cash stock picks, short & long-term/positional trading with fundamental & technical analysis, and investment portfolios ✉️- @Dr_Rexus
Download Telegram
Higher low in HTF is considered as very strong buy point.

Confirmation only above
19th candle high+ close
#BUDGET2024 #BUDGET24

top key area where focus

1️⃣ CHANGES TO EXISTING CAPITAL GAINS STRUCTURE

2️⃣ CHANGE IN TAX TREATMENT OF GAINS ARISING FROM TRADES IN F&O SEGMENT

3️⃣ FISCAL DEFICIT NUMBER AND ROADMAP

4️⃣ CAPEX PER KHARCH

5️⃣ INCOME TAX BENEFITS
Levels of Conviction (L.O.C) Public Channel
Photo
If anyone interested
They can reenter for positional trade
Nifty now below yesterday's open
On daily chart key thing to observe is RSI Till RSI 60 its still a bull market
Remember..
Anything can happen in between
Closing is considered as important.
18 din se .. bnf is in one zone only.
Kitne trader isme barbad ho gaye.
Fno me .?

Once you under Range concept you will understand when to do what.
💯32👍2
Ek insight
If there is tax easing in SME sector
Today almost all will hit UC
Market ko short na kre
Unnecessarily
Heritage food - 549 / +0.28 %
Ye aj fatna chaiye
Budget starts..
As per my understanding
Direct tax benefit on personal tax pe kuch shayd na aaye.

First expense more then you may get "rebits" this will likely be a theme

Liquor tax may increase..
Dairy me some good things.
Hence "heritage"
Rest

Something good on >>

Telecommunication
Business ( manufacturing boost )
Possible
The budget may be seen as.

Kya mila ?
Possibility that people will be left confused..
👌2
Level of volatility
Nifty -169 in single candle