An Automotive Stock on Its Upward Trajectory Given Buy Signal

It is important to catch a stock when it starts embarking on its upward trajectory. We had covered earlier this stock while analysing this fact that it is better to avoid DVR Shares in India and now since the parent share has given a buy signal it is better to embark on the upward journey now. Please remember this fact that none of stock will ever give a linear chart and it will be always coupled with crests and troughs and thus weak heart people should keep away from stock market.

The stock in question is Tata Motors which is also listed as an ADR as well as a DVR share in India and traders are tracking its share price aggressively. So, why should you be left behind as stock has moved past its double bottom formation and is now on verge on clearing its immediate target of 217 and thereafter sustaining above that level means stock can be seen heading toward 250,273 & higher levels. Have a look at annotated Tatamotors stock chart with buy and sell recommendations below.

As of now Tata Motors news state that it is going to enter aggressively in electrical market segment and is likely to get good results as its new variant cars have already garnered applause from community. So, if someone is looking for share price target in forthcoming years ahead say 2020 and higher years we can definitely say that stock is going to give a healthy returns on your portfolio as stock has started moving upwards and now is the time to get into the bandwagon as it has to cover a lot of its lost ground in terms of price as it can easily achieve a target of 500 provided some time is given to the stock in your portfolio. If you have requisite money to invest in stock market than do consider short term holding stocks and enjoy the healthy profit and dividends too.

If you donot want to wait for that long, than consider Intraday tips for tomorrow and than just sit and relax as profit is going to be 100% yours. Are you ready to check intraday tips for Monday now. Take your time and explore to get your profit which has been evading you so far as lot of people are checking our intraday tips today to be a part of smart traders group.

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Is Vijay Mallaya & Naresh Goyal Hand in Glove?

A good time photo of two guys who failed big way. However, difference is that one is fugitive and other is not.

' Waqt Ney Kiya Kya hansi Sitam, Tum rahe Ne tum, Hum rahe Ne hum '

Naresh Goyal can still sip his champagne in London peacefully but same may not be true for Malaya who is a nation shame who ran away from nation as a Rajya Sabha member.

We have covered a detailed analysis on Jetairways stock price target and news to keep our readers abreast with latest developments that whether this stock needs to be bought or avoided.

If you have been looking for intraday tips today than check the same now as time is like sand which keep slipping from your hand and you have to take the action to get your profit.

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Historical List of Stocks in which Unauthrosied SMS & Whatsapp Messages Were Circulated by Unscrupulous Elements

NSE has come out with the list of stocks in which anti social elements had circulated fake buy recommendations to prop up the stock. Be aware that you should not trade on such unsolicited SMSs as you can lose your entire capital by investing in such stocks. We are here to spread correct Financial education and if ever you want to get reliable stock tips do take time to check the link as it may help you achieve your financial dreams.

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Should One Buy Jet Airways Shares Now?

A number of readers and clients are asking us this question that is it a good time to buy Jet Airways shares now and before arriving at this analysis let us have a look at pros and cons of the same as enumerated below:

Cons

(a) Ethihad Airways with 24% stake has refused infusion of fresh money.
(b) Lender banks will have to make concessions to get some suitable buyer
(c) Most of Jet Planes have been taken by Lessors and they are just left with 12 planes. Even lenders who have paid money for these planes are also threatening to take away these planes.
(d) Disgruntled Employees
(e) Founder Mr Naresh Goyal having emotional attachment and is not letting the reins go away.
(f) Operational bills pending and they are threatening with stoppage of operations.
(g) Saddled with a debt burden of Rs 8500 Crore including pre bookings at discounted rates.

We had covered this stock earlier also with our view on how to trade Jet Airways and it was bang on target that time and now this time this is a fresh analysis with a new perspective as company has grounded its planes as it has not sufficient salaries to take care of daily expenses. Lets first have a look at below newspaper report which has a gist which states that Naresh Goyal was a great manipulator and he pulled the strings to keep Tatas out of the game and now even if company goes down the drain the law can not hold him accountable as he is not a fugitive. Now the ball game appears in the hands of SBI chairman/govt whether Jet Airways is saved or not or goes down like Sahara or Kingfisher Airlines.



Pros

A beaten down stock and some one may miraculously come and take over the company or hoping against hope that being election month, govt may step in and take control.

Word of Advice You Should Not Ignore

Lastly the word of advice is that never go for falling knife stocks and we have already covered DHFL and Yesbank as falling knife stock examples and better to keep away at the time when it falls to avoid whole capital being wiped out. We gave the level at which Yes bank is to be bought and when that level came our delivery stock tips clients bought that stock. DHFL is still avoid unless closes above 163-173 level as its finances state is still not accurately known.

So, no point being greedy and get struck in Jet Airways with a stock which may or may not yield returns. Even if it is taken by some one and stock revives, you will have a entry -point above which only you have to enter. Never feel that you have missed the bus. As of now this stock is in a prayer zone and one should keep away till some clarity emerges. If you have a penchant for gambling than it can be a high risk high return stock with tilt being in favour of negative trend. Just note that unless stock moves above 244 level stock will remain a sell stock only. First sign of some positive news happening will be seen if stock starts trading above 175 levels.

If you are looking straightway to make profit and not consider raking your head than just check intraday tip and start making profit from word go.

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What is Correct Weight of Gold which can be owned by Indians without Declaration?

A number of investors are confused that how much gold can be kept with them without declaration and this figure stands as shown in the image. Hope it clarifies the issue once for all. If you intend anything above that make sure that you declare the same or buy gold as an online asset through digital channel or buy gold as an investment using your banking means and declare it in your income tax return if a column exists.

The limit of gold is as following:
(a) Unmarried Ladies : 250 Gms
(b) Married Ladies : 500 Gms
(c) Male : 100 Gms

It may be recalled that CBDT, in its press release dated 01 December, 2016, had clarified that there is no limit on holding of gold jewellery or ornaments by anybody provided he is able to explain the source of such investment. However, in case any search is conducted for the taxpayer, the tax officials can confiscate the gold and/or jewellery if it is found that the investment is not in line with the income level of the assessee as reported in his past tax returns. It is clear, thus, that if the investment in gold or jewellery is in line with the income of the taxpayer and/or the taxpayer is able to explain the source of that investment/inheritance, he has no reasons to worry.

Generally the tax invoice issued by a jeweler is the best proof of your investment in gold. However, “in case of inheritance or gift you can produce proof such as receipt in the name of original owner, family settlement deed, Will, gift deed, etc. If you don’t have any such document, then the officer will try to match it based on factors such as family social status, customs, traditions, etc., but then it goes to the discretion of the tax officer.

Looking to make money in Indian stock market; do consider check hot stock for tomorrow and start making money like professionals.

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One Housing Stock Worth Selling Now

We are talking of a housing stock which had performed well and now is in the downward spiral and stock in question is PNB Housing Finance which should be short sold below 800 and can target 780,750,700 levels.

This stock need not be bought unless it crosses above the level of 900 and till that time it is better to keep away from this stock. Well, our clients are short in this stock in intraday using our best intraday tip and are making money on daily basis.

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