Skip to main content

Posts

Most read

Trade like bull and make fortune in capital market

Welcome to GujaratBull - a place to make fortune in capital market. At GujaratBull we interact with different type of people from novice to veteran players/investors of share market. We have found mainly two common findings among these people. The first is that majority of them have come into share market to generate some extra income. The second thing is with tips or so called research they sought from here and there. They are told to invest/trade with many ifs, so and then! The stories at other places, too, are not different.      Now if you analyze above findings then you would realize that there is correlation between first and second finding. In share market people get lots of ifs and then to trade/invest and that’s why they do not invest lots of money. They do not have enough confidence in tips/calls/research and that’s why they invest less and expect just extra money. If there are so many ifs and then, then who would be the fellow to pour heavily his/her hard earned mon
Recent posts

POWER OF TECHNICAL ANALYSIS

 Basic rule of technical analysis    Minting money in capital market is not so hard either with technical analysis of stocks or fundamental analysis of stocks .The condition is that you follow system of  technical analysis or fundamentals .You need to stick with the rules  you have learned . On other side there is high chances of losing money  if you don't trust yourself and get confused by listening others. The rules of trading and investing are quite different.If your are trading is based on technical analysis and you are  listening guys of  fundamentals then forget making money in market. Here I am sharing real example which will clear doubts about  this basic theory . My study of 7th July on #BankNifty  On 7th July Bank Nifty was struggling to go up and there were hardly any expert who were advocating to buy it . My guess is that they were fearing immediate crash of bank nifty as NPA was hot subject on discussion .On previous day a leading financial news paper had adde

HOW TO LINK AADHAR WITH PAN CARD

  If you regularly file return then here is very important news for you . You will not be able to file your next  return if you have not linked your PAN card with your AADHAR card .Here is also a good news to solve the issue. You don’t need to go to an expert and pay fees for the same. You have not even to register on website . The simplest way is to SMS  to income tax  department from your registered mobile no !Below is steps to do so . SMS to 567678 or 56161 from your registered mobile number in following format. UIDPAN<SPACE><12 digit Aadhaar><Space><10digit PAN> For example if your  AADHAR card no is 123456789123 and PAN card no is GUJBU2002R  then do following  UIDPAN  123456789123  GUJBU2002R 

RBI credit policy

 Today RBI will review credit policy . RBI’s six-member Monetary Policy Committee (MPC)   is meeting second time after demonetization .   Market is expecting  25 basis points cut in repo rate . Repo rate is short form of repurchase rate .It is also known as short term lending rate. RBI lends money to commercial bank as per this rate . Low repo rate is not only beneficiary to commercial bank but also to industry .  Commercial banks can lend money at low rate to industry if they get benefited  from RBI .       In last meeting MPC had  left repo rate unchanged to 6.25 % . The decision was taken considering some internal as well as external factors .  The  main external factors which were considered by MPC were possible rate hike by US fed and rising oil price as well as US dollar . At present US federal reserve has preferred pause for rate hike but concern of rising oil price has not gone away . Rising oil prices is a  challenge to India’s growth. Economic Survey presented in Parl

Budget and Indian stock market

  # budget is considered one of the most imp event for Indian Market as it decides tax structure as well as policy for economy .Indian stock market has seen rally in anticipation of very good . Nifty has rallied  over 700 points and bank nifty over 2000 points just in between December  2016 end to January 2017 end  !This converts into return of  about 9% within a month !   Traders and short term investors who had purchased at lower level have already started booking profit for 2 days .Any disappointment is enough to pull market further down . Experts too feel that the budget is  already priced in. I too had advocated for the same with following tweet .     Nifty facing resistance at 8660 — #Budget #budget2017 (@GujaratBull) January 27, 2017   Above resistance will be crossed if   market   gets better   reward than expectation. U nsurety about the rewards  has already pushed volatility index up and it is likely to stay higher till the event gets over.  Meanwhile market