If Price is Up and Open Interest has also Increased, isn’t it safe to assume that the Buyer had lower bargaining power in creating positions? In other words, if I am expecting Stock X at 100 to go up to 110, I wouldn’t mind Buying it at 101 as at this moment the position creation is more essential than hunting for bargains. … [Read more...] about Unveil the directional bias with open interest analysis: Shubham Agarwal
Sa 6 gainful
And this time it was really unlikely to experience a pre-Budget rally. But during the month of January, till date Sensex has given a return of 2.8 percent. This is in spite of India having a muted view in the global market and was expected to have a volatile start in 2017. This was due to global factors like aggressiveness of FED rate hike, continued boldness in international commodity prices, implication of Trump-economics and slowdown in China which are less attractiveness factor for emerging markets. … [Read more...] about Market will be happy if FM keeps a fiscal target of 3.5% in FY18
MPC keeps some gunpowder dry with status quo, all eyes on KV Kamath committee recommendations Technical View: Nifty forms bullish candle on weekly charts, bear attack seen if consolidation continues BSE revises circuit filter for over 600 stocks; Avenue Supermarts, Birla Corp, SpiceJet limit bumped up to 20% … [Read more...] about Investors must focus on picking up right stocks post Budget
Presently, these are the specimen provisions and the actual exemptions are yet to come. Regulators need to consider to exempt ESOPs as well as private placements from the levy of long-term capital gains tax upon non-payment of securities transaction tax at the time of acquisition. (Writers is AVP & Head – ESOP Services, Corporate Professionals Capital) … [Read more...] about Will Budget 2017-18 render ESOPs unattractive?