Stock Market Studies

What is the tax slab for a person if intraday trading in equities is the only source of income for him? I am only talking about daily intraday trading, and not delivery-based or long-term ones. Rahul Arora , Energy and Currency Trader (2018-present) Answered 10h ago Any profits or losses from day trading are called Speculative; either Speculative Profits or Speculative Losses. A person doing intraday trading is automatically considered as someone who is either an active trader or trading as a business. There is no special tax rate for speculative profits, it is considered as a business income and taxed as per any other business activity. In case of speculative losses, you can carry these forward for the next 4 years provided you have declared the same while filing your returns and net off only against any speculative profits over the next 4 years. So here is the tricky bit [Section 73(1) of the Income Tax Act, 1961], Speculative losse...

How to pick multibagger stocks? Keep one thing in mind that multibagger stock is no quick gameplay. I would define multibagger stocks as the one who will become 10X in next say 10 to 15 years. So here are the few things you should check while defining multibagger stocks. 1. Debt free The company should be debt free. However, you can also pick a company with low-level debt. If a company has higher debt then all its profit will go into repayment of debt, resulting in lesser or negative net returns. You should look at the debt-equity ratio of the company which tells you how strong is the company in terms of debt repayment. 2. Good performance history The company should be consistent in its performance on net profit and revenue. You can make it out from the quarterly and yearly results. Past performance will give you some confidence that company’s fundamentals are strong enough to continue generating profit in coming years. 3. Future growth You should check ...

What are the dark secrets of stock markets that are unknown to ordinary traders? Sandip Biswas , Engineer from Jadavpur University (1993) Answered 10h ago Always buy a stock which is trading 20% above its 52 weeks low and closing price above 20% of 52 week low should be maintained for consecutive 3 days. Never buy a 52 week low stock till this criteria maintained. Exit fully from a stock which is trading 20% below its 52 week high. Stock price rises through stairs and falls through elevator so always be prepared for quick exit. Retail traders have absolutely no control on stock price. It is under control of big houses those who are hiring best brains including Doctors, Engineers to analyse the trend of market well in advance. Buy on rumour sell on news. A stock moves vehemently upwards on rumour and falls on news. Infosys moved on the rumour of good result now result declared, it is time to fall. Never listen to the an...