GST- will it be a thumbs Up for comman man( with so many "comman" in GST--comman challans...comman accounting codes,etc) -where he will get rid of various taxes as compared to GST (Goods & Services Tax) as the only tax--I don't know -time only will let us know as time is the biggest teacher.
In previous update--"Bank Nifty--2 Zones before falling resumes back" I highlighted that I am looking for bounce in BN from the zone 18500-18525 to zones 18700--18730 & 18825--18875...Bang On....
Yesterday, BN was flirting around 18450--18550 zone at lower end..& unfortunately for intraday traders its a missed chance...as market opened gapup today--well no worries- Markets are going stay here forever. Now look out this zone as resistance --any confirmation at your end -can be taken as short else BN closing above 18900- will go even further upside...
Abhishek H.Singh, CMT
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ