Budget 2019
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Dear All,
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No query will be solved during the budget session.
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For the day... We will provide levels and updates in equity and commodity segment only in our telegram channel
No query will be solved during the budget session.
Live recommendations and updates! Click on the below link and join our Telegram channel
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Today's (5th July 2019) Currency Update
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-5th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-5th-July2019
Indianmarketview
Currency Report 5th –July-2019
Rupee strengthened in the previous session due to weakness in Dollar. Market participants are trading cautiously due to Union Budget session today. Technical outlook: (July 2019) USDINR Support is 68.60 Resistance is 69.00. Break…
✳✳ Minted money in Currency segment during the highly volatile budget session...
➡ Sell call of USDINR from 68.75---68.60. Booked profit 💰 of 1500/- in 10 lots
➡ Sell call of EURINR from 77.80---77.60. Booked profit 💰 of more than 2000/- in 10 lots
Still looking for a better one???
Have a look on the screenshot⬆⬆
➡ Sell call of USDINR from 68.75---68.60. Booked profit 💰 of 1500/- in 10 lots
➡ Sell call of EURINR from 77.80---77.60. Booked profit 💰 of more than 2000/- in 10 lots
Still looking for a better one???
Have a look on the screenshot⬆⬆
➡ Budget Cut 2019 Highlight :
➡ Important statements
1. Fiscal deficit in FY 19 is at 3.3% of the GDP.
2. India to become $3 trillion economies this year.
3. India is the 3rd largest economy in the world currently.
4. Pension for shopkeeper and retailers having a turnover of fewer than 1.5 crores.
5. Public holding in listed firms may go up to 35% from the current 25%.100 lakh crore for infrastructure for over 5 years.
6. Rs 70,000 crore for PSU banks. Disinvestment target of 1,05,000 crore.
➡ Tax
1. 25% tax for all the companies with an annual turnover of Rs 400 crore.
2. Lower GST rate for electric cars from 12% to 5%.
3. Income tax befit for interest paid of up to 2.5 lakhs for a loan taken for electric vehicles.
4. Addition Income Tax deductions of Rs 1.5 lakh on home loans.
5. TDS @ 2% on cash withdraw exceeding 1 crore in a year from a bank account.
6. Surcharge for individuals having an income between 2-5 crore @ 3% and for those having 5 crore and above @ 7%
7. Rs 1 cess on petrol and diesel. Custom on gold to increase from 10% to 12.5%.
➡ General
1. Job creation is one of the priorities.
2. Several reforms to promote for rental housing.
3. FDI has remained robust. 100% FDI in Insurance Intermediaries.
4. Rs. 350 crore allocated to 2% interest subvention for all GST registered MSMEs on fresh or incremental loans.
5. Completion of houses for poor in just 114 days.
6. 30,000 km of roads built with green tech.
7. New national educational policy to improve schools. Indian colleges in global top 200.
8. Water for every rural house by 2024.
9. To built women-led initiatives.
10. Financial gains from cleaning banks visible. Domestic credit growth has risen by 13%
11. Aadhar for NRIs with Indian Passports. RBI to regulate the housing finance sector
➡ From the budget documents:
- Government still expecting a large amount in dividends from the RBI/Banks/FIs category
- Pegged at Rs 1.06 lakh crore in FY20 compared to Rs 74,140 crore in FY19.
All sector touched nicely. There may have some disappointment to a certain category but overall it's a healthy budget for the upcoming economical growth.
➡ Important statements
1. Fiscal deficit in FY 19 is at 3.3% of the GDP.
2. India to become $3 trillion economies this year.
3. India is the 3rd largest economy in the world currently.
4. Pension for shopkeeper and retailers having a turnover of fewer than 1.5 crores.
5. Public holding in listed firms may go up to 35% from the current 25%.100 lakh crore for infrastructure for over 5 years.
6. Rs 70,000 crore for PSU banks. Disinvestment target of 1,05,000 crore.
➡ Tax
1. 25% tax for all the companies with an annual turnover of Rs 400 crore.
2. Lower GST rate for electric cars from 12% to 5%.
3. Income tax befit for interest paid of up to 2.5 lakhs for a loan taken for electric vehicles.
4. Addition Income Tax deductions of Rs 1.5 lakh on home loans.
5. TDS @ 2% on cash withdraw exceeding 1 crore in a year from a bank account.
6. Surcharge for individuals having an income between 2-5 crore @ 3% and for those having 5 crore and above @ 7%
7. Rs 1 cess on petrol and diesel. Custom on gold to increase from 10% to 12.5%.
➡ General
1. Job creation is one of the priorities.
2. Several reforms to promote for rental housing.
3. FDI has remained robust. 100% FDI in Insurance Intermediaries.
4. Rs. 350 crore allocated to 2% interest subvention for all GST registered MSMEs on fresh or incremental loans.
5. Completion of houses for poor in just 114 days.
6. 30,000 km of roads built with green tech.
7. New national educational policy to improve schools. Indian colleges in global top 200.
8. Water for every rural house by 2024.
9. To built women-led initiatives.
10. Financial gains from cleaning banks visible. Domestic credit growth has risen by 13%
11. Aadhar for NRIs with Indian Passports. RBI to regulate the housing finance sector
➡ From the budget documents:
- Government still expecting a large amount in dividends from the RBI/Banks/FIs category
- Pegged at Rs 1.06 lakh crore in FY20 compared to Rs 74,140 crore in FY19.
All sector touched nicely. There may have some disappointment to a certain category but overall it's a healthy budget for the upcoming economical growth.
Forwarded from Indian Market View Equity Channel (SEBI Registered)
Hope you all liked our today's Budget analysis given on our Budget Special Telegram Channel
Our team has worked hard to provide fast & correct information related to budget with you all of you.
Here is some glimpse of effort done by our Research & Support team.
Thanks
Team Indian Market View
Our team has worked hard to provide fast & correct information related to budget with you all of you.
Here is some glimpse of effort done by our Research & Support team.
Thanks
Team Indian Market View
💲Today's (8th July 2019) Currency Update💲
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
https://www.indianmarketview.com/2019/7/Currency-Report-8th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
https://www.indianmarketview.com/2019/7/Currency-Report-8th-July2019
Indianmarketview
Currency Report 8th –July-2019
The rupee strengthened in the previous session after Finance minister Nirmala Sitharaman announced the Modi 2.0 union budget but later recovered from lower levels. The 10-year bond yield was at 6.753% compared with Thursday's close of 6.748%. We saw a heavy…
🔔 Currency Opening Bell🔔
USDINR.... Open on Positive note Cmp 68.79
Support is 68.60 Resistance is 69.10
Either side break or close with volume will decide further action in it.
Trade with levels only
Cross Currency …Open --- CMP
EURUSD – 1.1314--1.1252
GBPUSD - 1.2547---1.2547
USDJPY – 107.6900--108.3500
USDINR.... Open on Positive note Cmp 68.79
Support is 68.60 Resistance is 69.10
Either side break or close with volume will decide further action in it.
Trade with levels only
Cross Currency …Open --- CMP
EURUSD – 1.1314--1.1252
GBPUSD - 1.2547---1.2547
USDJPY – 107.6900--108.3500
Today's (9th July 2019) Currency Update
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-9th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-9th-July2019
Indianmarketview
Currency Report 9th –July-2019
Rupee tumbled down by 24 paisa in the previous session due to heavy sell-off in the Indian equity market. A rise in the Dollar index due to expected rate cut in near future is weighing down on the domestic currency. The 10-year bond yield was at 6.753% compared…
Today's (10th July 2019) Currency Update
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-10th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-10th-July2019
Indianmarketview
Currency Report 10th –July-2019
Rupee opened on a weak note today due to strengthening of US Dollar ahead of speeches of Fed Reserve officials. A rise in the Dollar index due to expected rate cut in near future is weighing down on the domestic currency. 10-year bond yield was at 6.592%…
➡ JPYINR...achieved our initial target 🎯🎯of 63.20!!!
Clearly told you to sell it around 64.00 in our Weekly currency report released on July 1 !!!
Gain💰💰 of 8000/-in 10 lots...
Still holding for our final target of 62.60. Those who are holding short as per our Top pick levels can revise their stop loss above 69.40 for the remaining quantity.
Look what you are getting merely by reading our weekly currency report.
Still looking for a better one??? 🤔🤔
Join 🤝 Indian Market View now!
Have a look on the screenshot
Clearly told you to sell it around 64.00 in our Weekly currency report released on July 1 !!!
Gain💰💰 of 8000/-in 10 lots...
Still holding for our final target of 62.60. Those who are holding short as per our Top pick levels can revise their stop loss above 69.40 for the remaining quantity.
Look what you are getting merely by reading our weekly currency report.
Still looking for a better one??? 🤔🤔
Join 🤝 Indian Market View now!
Have a look on the screenshot
Currency Opening Bell
USDINR.... Open on Negative note Cmp 68.46
Support is 68.30 Resistance is 68.70
Either side break or close with volume will decide further action in it.
Trade with levels only
Cross Currency …Open --- CMP
EURUSD – 1.1285--1.1292
GBPUSD - 1.2535---1.2547
USDJPY – 107.8100--107.8100
USDINR.... Open on Negative note Cmp 68.46
Support is 68.30 Resistance is 68.70
Either side break or close with volume will decide further action in it.
Trade with levels only
Cross Currency …Open --- CMP
EURUSD – 1.1285--1.1292
GBPUSD - 1.2535---1.2547
USDJPY – 107.8100--107.8100
Today's (11th July 2019) Currency Update
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-11th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-11th-July2019
Indianmarketview
Currency Report 11th –July-2019
Rupee tumbled down by 7 paisa against US dollar in the previous session weighed down by continuous foreign fund outflows and firming prices of Crude. Heavy sell-off in Indian equity market is also putting pressure on the domestic currency. A rise in the Dollar…
It's a forwarded message... Really good
Lessons to be learned from yesterday World Cup Match 🏏
Lots of stuff for a Trader to Learn from Today's Match and India's Performance from this World Cup!
1. No matter how good you are, each trade has to be played well.
2. India had 15 points - Top of the Table, but with this loss, no different from others who left
3. As a Trader you may have had the best profitable trades, all it takes is ONE bad trade to Finish You Off the Record.
4. When markets are full of turbulence, always trade small and slow.
5. Never be overconfident due to your past performances, the market is full of smart people
6. The way each player has to contribute small runs to win, similarly each trade has to give you small returns to make a big fund. One trade can't give you big funds. (3 top batsmen with 1 Run Each)
7. Have equal expectations from each trade and always have back up.
Lessons to be learned from yesterday World Cup Match 🏏
Lots of stuff for a Trader to Learn from Today's Match and India's Performance from this World Cup!
1. No matter how good you are, each trade has to be played well.
2. India had 15 points - Top of the Table, but with this loss, no different from others who left
3. As a Trader you may have had the best profitable trades, all it takes is ONE bad trade to Finish You Off the Record.
4. When markets are full of turbulence, always trade small and slow.
5. Never be overconfident due to your past performances, the market is full of smart people
6. The way each player has to contribute small runs to win, similarly each trade has to give you small returns to make a big fund. One trade can't give you big funds. (3 top batsmen with 1 Run Each)
7. Have equal expectations from each trade and always have back up.
🔔 Currency Opening Bell🔔
USDINR.... Open on Flat note Cmp 68.58
Support is 68.30 Resistance is 68.70
Either side break or close with volume will decide further action in it.
Trade with levels only
Cross Currency …Open --- CMP
EURUSD – 1.1285--1.1283
GBPUSD - 1.2557---1.2557
USDJPY – 107.8100--108.2000
USDINR.... Open on Flat note Cmp 68.58
Support is 68.30 Resistance is 68.70
Either side break or close with volume will decide further action in it.
Trade with levels only
Cross Currency …Open --- CMP
EURUSD – 1.1285--1.1283
GBPUSD - 1.2557---1.2557
USDJPY – 107.8100--108.2000
Today's (12th July 2019) Currency Update
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
https://www.indianmarketview.com/2019/7/Currency-Report-12th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
https://www.indianmarketview.com/2019/7/Currency-Report-12th-July2019
Indianmarketview
Currency Report 12th –July-2019
Rupee gained 14 paise against US dollar in the previous session after dovish comments regarding rate cuts by Fed officials that boosted the sentiments of emerging markets. But, continuous foreign fund outflows and firming prices of Crude are restricting the…
Today's (15th July 2019) Currency Update
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-15th-July2019
Just Updated Levels of all Currency on our website Kindly click on the below👇 link and read full Update.
http://www.indianmarketview.com/2019/7/Currency-Report-15th-July2019
Indianmarketview
Currency Report 15th –July-2019
Rupee tumbled down by 25 paisa against US dollar in the previous session amid rising prices of Crude. Also, continuous foreign fund outflows is restricting the gains in Rupee. Market may trade cautious ahead of retail inflation and factory output data. The…
Just Updated Weekly report on currency on our Blog
_Click on the below link and read it carefully_
http://tis.bz/ObSc
_Click on the below link and read it carefully_
http://tis.bz/ObSc