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Телеграм канал «iSPARK INDICATOR🔥»
iSPARK INDICATOR🔥
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Trading involves inherent risks &there is no guarantee of profit.This script is provided 4 educational purposes only & should nt b construed as financial advice.Users r solely responsible 4 their trading decisions & should exercise cautition when trading.
There is so much short covering happening in stocks, along with positive news surrounding LTCG, LRS, and FDI. However, at the same time, Nifty, Bank Nifty, and some heavyweight stocks are hitting weekly breakdown levels.
So much confusion in the market at the same time! 🤔
I hope these positive news headlines aren't being deliberately circulated to create positive sentiment, only for the market to witness a massive dump later.
This week's and month's closing will be CRUCIAL. Stay alert, trade wisely, and always follow proper risk management. ⚠️
The Reserve Bank of India has issued positive updates regarding LRS, FDI, and FII, while the Ministry of Finance has expressed a favorable stance on Long-Term Capital Gains (LTCG). These developments may serve to shift market sentiment towards a positive outlook.
Centre is discussing a possible cut to the 12.5% LTCG tax on equities for domestic and foreign investors ahead of Budget 2027-28, plus dollar-based gains computation for FPIs. No final decision has been taken.