We started December 2016 expiry with extra caution after November hiccups and GOOD NEWS is that we are on track and BAD NEWS is that progress is little slow but rest assured it is only for the time being.
During December month, we have had taken 5 trading decisions for INDICES segment,
~ Doing of Rollover of BUY Positions in DEC at 8060 levels on 23rd November.
~ On November Expiry Day we created Hedge by Short Selling in JAN contract at 8040 levels
~ We broke hedge by exiting from DEC Long Positions at 8265 on 30th November. And given BANKNIFTY 50% Short Sell at 18720 levels with 8300 Spot Index closing Basis for all open positions.Read More »
After demonetisation, Government and RBI is still optimistic about GDP growth forecasts whereas all other global & domestic economics who are on payroll of various private corporations are in view of 1.5% lesser growth going forward from current levels of 8%.
However, we feel demonetisation was a important step towards implementation of flawless GST, therefore reduction in net Tax rates going forward into 2017-18 FY & beyond.
Control on Fake currency, funding for crimes including terror, drugs, riots, political bandhs & voters’ bribery are other added advantages of this demonetisation exercise.
All these benefits would be short lived if Government fails to carry out follow-ups.
Tax compliance is key to success in globalised economy. However, unaccounted cash was accumulated over time because of various inefficiency exploited in form of Govt sourcing norms without transparency (lack of checks & balances) plus Taxation policies of past.Read More »
Exclusive Trading Tips with Entry & Exit (check Comment box for Date, Time Stamp)
Following trading calls were given on 30th NOVEMBER 2016, live during market hours.
Their respective closing details are updated on 14th DECEMBER 2016 Market hours.
*One can check “Comment Box” to cross-verify the posting date & time for each of below
*Not adding up profit of those positions which either not given to paid clients or of MCX.
Upon closure of Open Positions, would update profit (loss) under Nov Track Sheet
Idea is to provide you with an easy reference at later date.
ZeroStopLoss are & would continue to give 100% update of each trading positions; Irrespective of Market conditions to Free Trial & paid client alike. Period.Read More »