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  Taxation : No tax on income up to ₹7 lakh a year, with a new five-slab tax structure Income tax reduction for individuals with ₹15 lakh income Reduced surcharge rate from 37% to 25% in new tax regime Increased taxes on cigarettes by 16 percent Increased import duty on compounded rubber to 25 percent from 10 percent Increased customs duty on kitchen electric chimney to 15 percent from 7.5 percent Cap on deductions from capital gains on investments in residential houses to ₹10 crore Net tax revenue foregone because of changes in direct and indirect taxes is ₹35,000 crore Allocations and Targets: Increased allocation for railway, agricultural credit, PM Awas Yojna, and capital investment Fiscal deficit target for fiscal 2024 is 5.9%, aiming to reduce to 4.5% by 2025-26 Tax receipts budgeted at ₹23.3 lakh crore Education : Establishment of 157 new nursing colleges Hiring of 38,800 teachers for Ekalavya Model Residential Schools Three AI centers of excellence to be set up in top educa...

How to decide the Stop Loss price? There is no set rule on the price at which one should set a Stop Loss. Short-term traders tend to use Stop Losses of 2-5% whereas Long-term investors may set Stop Losses of 10-20%. It all depends on your risk tolerance. ref https://www.fisdom.com/stop-loss/ ----- Scenarios comparing effects of a difference of 3% in stop loss levels on the net profit : A. Scenario with 50 trades, position size of Rs 10000 each . loss making trades are 40% while profit making trades are 60%.  loss incurred is 5% in 20% trades,  loss incurred is 10% in 20% trades.  while profits are as follows. profit made is 15% in 30% trades.  profit made is 20% in 30 % trades.  The net profit/loss is calculated. --- To calculate the net profit or loss in this scenario, we first need to calculate the total loss and total profit made in each category of trades. Loss incurred in 40% trades (20 out of 50 trades) at different percentages: Loss at 5%: 20 trades ...

Technical Analysis: Swing traders rely heavily on technical analysis, which involves the use of charts and indicators to identify patterns and trends in the market. Understanding how to read charts, identify key levels of support and resistance, and use indicators such as moving averages, relative strength index (RSI), and Bollinger bands is critical for success. Risk Management: Swing trading inherently involves risk, and it is essential to have a solid understanding of risk management principles. This includes understanding position sizing, stop loss management, and how to manage your overall portfolio risk. Understanding position sizing: This includes determining the appropriate amount of capital to allocate to a single trade based on overall portfolio risk and volatility of the underlying asset. Stop loss management: This includes setting stop loss orders at appropriate levels to limit potential losses. Portfolio risk management: This includes understanding the overall risk of a po...