Diwali Muhurat Trading 2021 picks 1) (RVNL) Rail Vikas Nigam Ltd cmp 36 support 31 HL 51+, BEL cmp 202 support 183 HL 1000+ , Vidhi Speciality Food Ingredients cmp 350 support 295 HL 500+ , Tvtoday cmp 324 support 284 HL 400-550+ , All the best , trade with strict stoploss and Risk management
Showing posts with label Share Investing. Show all posts
Showing posts with label Share Investing. Show all posts
Upstox Demat Account opening
I’m a Partner with Upstox , anyone wishes to open an account with Upstox can click the below link and can open account https://upstox.com/open-account/?f=3TAKQ8
KSCL 20aug21
KSCL 20aug21 cmp 578.50 support 560 HL 648-680-790-816-860+
Do your own stusy and trade with risk management
CENTURYTEX 11aug'21
CenturyTex 11aug'21 cmp 749 support 656 HL 920-1050+
This for educational purpose , pls do trades on your own analysis
Trade with risk management
NIFTY 06AUG21
NIFTY 06aug21 support 15650 HL 16650-16900-17500+
Trade with risk management ,this is for educational purpose only
KNR CONSTRUCTIONS 06JUNE21
KNRConstructions 06jun21 cmp 229 support 216 HL 241-272-311+
Always do your own anlaysis before you trade and please follow risk management
VIDHYATEL 06JUN21
VIDHYATEL 06JUN21 CMP 1075 SUPPORT 975 HL 1555+
Pls do your own analysis before trading and apply risk analysis
Nanaya Vikatan post on 29th May 2021
This week’s article in ‘Nanaya Vikatan’ Tamiil magazine
https://www.vikatan.com/business/share-market/buy-and-sell-timing-for-share-investment
Nanaya Vikatan post on 29th May 2021
https://t.me/systematictrades
https://t.me/StocksStudy
Nifty 12may2021
Nifty 12may21 support 14700 resistance 15000 need a breakout
If Nifty breaks down next support 14500/14400
Nanaya Vikatan Tamil magazine published on 08/5/2021
Tax profits on equity
longtern capital gain tax if less than 1 lakh rupees no tax
https://www.vikatan.com/business/tax/share-and-equity-fund-for-tax-benefit
Taxation of Bonus shares and Stock split
Taxation of Bonus shares and Stock split
There are 2 types of Capital Gain taxes , 1) LTCG is Long Term Capital Gain 2) STCG is Short Term Capital Gain
LTCG is listed securities like shares , debentures ,bonds, etc in a recognized stock exchange sold holding more than
12 months is nil on the profits upto Rs 1 lakh and beyond Rs 1 lakh profit its 10% without indexation benefit.
STCG is same listed securities in a recognized stock exchange sold holding less than 12 months is 15% on the profit.
Holding period may vary for unlisted shares s 24 months and unlisted securities other than shares s 36 months.
BONUS SHARES are shares allotted for free to the shareholders and the shareholders dont pay anything to buy these
shares and your capital increases. For example if a person buys 100 shares of company on 1/8/2019 t Rs 100 each and on 5/2/2020
the company allots bonus shares in the ratio 1:1 so the total shares 100+100 is 200. On 2/9/2020 he sells all 200 shares at Rs 120 each.
LTCG on sale of original 100 shares which was bought more than 12 months (1/8/2019).
Cost price 100*100=Rs 10,000
Selling Price 100*120=Rs 12,000
Capital Gains =Rs 2,000
LTCG 10% = Rs 200
STCG on sale of 100 bonus shares which was allotted less than 12 months (5/2/2020)
Cost Price 100*0= Rs 0
Selling Price 100*120= Rs 12,000
Capital Gains = Rs 12,000
STCG 15% = Rs 1,800
So total tax LTCG is Rs 200 + STCG is Rs 1,800 = Rs 2,000
Here in Bonus shares company investment made Rs 10,000 and sold for Rs 24,000 , profit before tax is Rs 14,000, taxes paid Rs 2,000.
STOCK SPLIT is the same stock split into more shares where your capital remains same. For example if a person buys 100 shares of
a company on 1/8/2019 at Rs 100 each. On 5/2/2020 the company announces shares split in the ratio 1:1 , so total shares will be 100+100=200
but the stock price on the day was Rs 110 each will be divided by 2 where the stock will become Rs 55 each. On 2/9/2020 he sells all
200 shares at Rs 60 each.
LTCG on sale of 200 shares
Cost price 100*100 = Rs 10,000
Selling price 200*60 = Rs 12,000
Capital Gains =Rs 2,000
LTCG 10% = Rs 200.
Here in Stock split company investment Rs 10,000 and sold for Rs12,000, profits Rs 2,000 and taxes paid Rs 200