Balachandran Viswaram, Author
@viswaram
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Have a Bear Algo & a Bull Algo. Watch my daily Nifty poll & run the winner by 9.15 AM. Daily Algo Test results @ https://t.co/ILQmA89L4h
Kochi, India
Joined May 2009
നിങ്ങൾക്ക് 20L രൂപയുടെ കാർ വാങ്ങിക്കാൻ ബഡ്ജറ്റ് ഉണ്ട് എന്നാൽ 10L രൂപയുടെ ഒരു കാർ തിരഞ്ഞെടുക്കുകയും മിച്ചം വരുന്ന തുക ഒരു SIPയിൽ ഇൻവെസ്റ്റ് ചെയ്യുകയാണെങ്കിൽ ഏഴുവർഷംകൊണ്ട് 20L രൂപയുടെ ഒരു folio ഉണ്ടാക്കിയെടുക്കാൻ പറ്റും. അത് വെച്ച് വേണമെങ്കിൽ അന്നൊരു പുതിയ കാർ കൂടി വാങ്ങിക്കാം.
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13 Feb 2025 — Nifty down 606pts, stance bearish but 23357 crucial + PostMortem Last week we went long after the 23357 resistance level was breached. On 10th of Feb, we breached that, but in the downward direction making us shift the stance from bullish to bearish. If you were following me on tradingview minds, you might have got the email once we went short. Most importantly, going short did not really work that well as we hit the next support level of 22781 and bounced back. Even though we have the negative bias, the bears are not able to mint money that easily, and the stop losses are getting hunted (not intentionally), but the bounces in Nifty are more than enough to eat away your gains. That is not something new, making money in bear phases is not that easy. Most often you do not get a clean ride. Let us hope we get a trending market in the next week, just to get back to winning ways.
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Markets Today, Nifty 23031.40 -13.85 (-0.06%) High 23,235.50 Low 22,992.20 Open at 23,055.75 Prev Close 23,045.25
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@CNBCTV18Live @_ritusingh Somebody, please explain to the GOV that NBFCs are borrowing from PSUs for loans to end customers. Please ask the PSUs to directly offer loans at cheaper rates and set up a risk-weightage team in-house instead.
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Markets Today, Nifty 23045.25 -26.55 (-0.12%) High 23,144.70 Low 22,798.35 Open at 23,050.80 Prev Close 23,071.80
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There is a loss of transmission somewhere. India buys more oil than China, but why do we have a lower GNP?
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I am at 35% equity now... 65% more left in debt... Give me another 15% fall...
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How to Join the Top 1% Options Traders Club... now available on Amazon & Flipkart.
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I agree with P Chidambaram sir's points.. As I wrote in the article below, I think "What they should have done is to bring down the indirect tax rate on essentials, bring down the fuel rates, slash GST on insurance products, or give tax breaks to MSMEs that produce daily-use products. Even if a rule was brought so that individuals can claim the GST input tax credit — it would have saved them more money than an income tax cut."
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