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Budget or Just a Hoax Is 2019 Budget going to be as the way it supposed to be or is it going be just a Hoax as it always is? This budget is going to be a full of surprises as it may decide the win for the BJP.  We see this budget as a election budget. Investors, Voters & SMEs are all suffering from GST & demonetization, no investor will ever be happy after paying taxes on LTCG(Long-Term-Capital-Gains). Apart from these setbacks they are constant failure to create jobs in the country.  So, BJP will try to divert their focus from these setbacks and will have to consider the streets expectations in this budget. We witnessed major setbacks in our economy and market, such factors were demonetization , GST, or 10% Tax on LTCG in excess of Rs.1 Lakh, we know this government introduces many policies and reforms just to win political enthusiasm for their voters and workers. It is obvious that this budget is going to be one side budget just to win electi...
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NEBULA Research & Developing Algo trading systems. 9th Jan 2019: We can see the Nifty Rising Wedge, brink of breaking out the wedge, short term trend shows strength, but from Oct2018, level of 10,980 is showing negative divergence. So, 10,990 is crucial level for Nifty to breach above it. One can trade nifty for the target of 10,950 with exit level of 10,800 if it goes below.