Please find the correct levels for nifty The Nifty Levels for 3rd november 2009 are First Resistance = 4807 First Support =4637 Second Resistance =4919 Second Support =4579 Breakout above = 4977 Break down Below = 4467 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]
Archives for 30/10/2009
Free stocks tips for 3rd November 2009
The Various- Daily Stock Recommendation Given by the various analysts and Stock Brokers are Balrampur Chini Mills Ltd. -daily stock recommendations 03-11-2009 Source Action Tip Period Target Price (Rs.) Anil Singhvi Buy, stop loss Rs 150 - 160.00 Bank of Baroda -daily stock recommendations 03-11-2009 Source Action Tip Period Target Price … [Read more...]
What is ELSS(Equity Link Saving Scheme)?
An ELSS is the mirror image of a diversified equity fund. This means the fund manager will invest in shares of various companies across various industries. What sets it apart is the added tax benefit, something a diversified equity fund does not offer. Most of us during the month of march rush up to our auditors or financial planners for tax planning to invest upto 1 … [Read more...]
Tax benefits of ELCC
There are certain benefits that ELSS offer in tax . Thereby following you can find the tax benefits . Investments in ELSSs fall under Section 80C. The limit under this section is Rs 100,000. This is irrespective of how much you earn and under which tax bracket you fall. Also, there are no sub-limits under this overall Rs 100,000 amount. So, if you choose, you can … [Read more...]
Is ELSS Better Option As A Tax Saving Investment ?
The crash of stock market in the month of March brings out good opportunity for investors to opt for Equity Linked Saving Scheme because unit price of those scheme shall also be lower on account of crash in stock market. That is not the only reason for recommending ELSS as an investments . The other reasons are 1. Claim Deduction upto Rs 1 lakh Those readers who have … [Read more...]