Equity markets are shut down today.
MCX Evening session from 5PM
International markets are open
MCX Evening session from 5PM
International markets are open
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Good Morning All,
Hope all of you enjoyed the festival in Safe Mode.
Gift Nifty indicates a strong gap up opening on back of PM's assurance to POTUS to reduce Crude purchase from Russia. This is an indication for a US - India trade deal soon.
Nifty - Earlier ATH is 26277.35. We are set to open very close to this zone. However sustainability is a question. I assume there will be some profit booking after opening. Atleast for 100 points from first 5 minutes high. If we manage to close above 26000 then it will become the intermediate support.
BankNifty - Ready for 59000 soon. After opening any dip towards 58000 is a buy with 225 points below as SL.
Its not worth chasing today. Wait and watch how market digests the news for first 15/30 minutes and then taking trades will be a wise approach.
Hope all of you enjoyed the festival in Safe Mode.
Gift Nifty indicates a strong gap up opening on back of PM's assurance to POTUS to reduce Crude purchase from Russia. This is an indication for a US - India trade deal soon.
Nifty - Earlier ATH is 26277.35. We are set to open very close to this zone. However sustainability is a question. I assume there will be some profit booking after opening. Atleast for 100 points from first 5 minutes high. If we manage to close above 26000 then it will become the intermediate support.
BankNifty - Ready for 59000 soon. After opening any dip towards 58000 is a buy with 225 points below as SL.
Its not worth chasing today. Wait and watch how market digests the news for first 15/30 minutes and then taking trades will be a wise approach.
Good Morning All,
Gift Nifty indicates a minor green opening.
Nifty - HH & HL with poor price action. Post opening if we break yesterday low, there are high chance of breaking previous day's low too. In such case the support comes at 25600 odd zones. Strong support at 25506 (10 SMA). If sustains above 25825, Buy can be initiated with small SL of 60 Points below it. If SL breaks, wait for Support zone to create fresh longs.
BankNifty - Same scenario here also. Numbers alone are different. 57887 is 21st October Low and 57197 is the 10 SMA. Intermediate support at 57713.
Its Friday. Its already 6 months passed after Trump's tariff implementation and 6-7 rounds of meetings are over. After every meeting from Indian EA side they are saying we are in the final stage of finalizing everything. But nothing has happened till now. No idea when the India-US trade deal will be signed. Hence try to avoid carrying Index option positions during weekend.
Gift Nifty indicates a minor green opening.
Nifty - HH & HL with poor price action. Post opening if we break yesterday low, there are high chance of breaking previous day's low too. In such case the support comes at 25600 odd zones. Strong support at 25506 (10 SMA). If sustains above 25825, Buy can be initiated with small SL of 60 Points below it. If SL breaks, wait for Support zone to create fresh longs.
BankNifty - Same scenario here also. Numbers alone are different. 57887 is 21st October Low and 57197 is the 10 SMA. Intermediate support at 57713.
Its Friday. Its already 6 months passed after Trump's tariff implementation and 6-7 rounds of meetings are over. After every meeting from Indian EA side they are saying we are in the final stage of finalizing everything. But nothing has happened till now. No idea when the India-US trade deal will be signed. Hence try to avoid carrying Index option positions during weekend.
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Happy Diwali to All!! Here you go with the Diwali 2025 list!! Diwali Investment Pics dt. 20/10/2025. Rules to be followed for Investments 1. Must be done only via SIP for a period of 24 months. 2. Same Date & Quantity should be followed throughout the…
I am sure Silver Bees and Tata Gold will fall down if Gold and Silver prices correct. But nothing to worry.
Our goal is for next 4 years. Not for next one month or two months.
Our goal is for next 4 years. Not for next one month or two months.
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*General Info*
After few weeks of Govt Shut down, US inflation data will be out today evening. No idea whether it will be partial shut down or it will be lifted completely.
Bullions are expected to have wild moves. Try to be very cautious in such trades.
Hope everyone are aware how Gold moved from the 1st Day of Shut down.
After few weeks of Govt Shut down, US inflation data will be out today evening. No idea whether it will be partial shut down or it will be lifted completely.
Bullions are expected to have wild moves. Try to be very cautious in such trades.
Hope everyone are aware how Gold moved from the 1st Day of Shut down.
Good Morning All,
Gap up opening in Nasdaq. Gift Nifty also indicates a minor green tick as per Friday close. I believe the gap up may increase due to Nasdaq's strong show as of now.
Nifty - Bearish 1-2-3 set up as per Friday close. Things will change only if we take our Friday high and sustain above it. Else this gap up will be utilized to create fresh shorts. Support lies at 25718 and below that 10 SMA of 25567 becomes the strong support. 25944 & 26104 are the resistances.
BankNifty - Same scenario here too. Numbers alone changes. Supports at 57482 & 56724. Resistance at 57951 & 58232.
VIX above 11.50. MMI 76+. It can go till 85/88. Do not be aggressive please.
Gap up opening in Nasdaq. Gift Nifty also indicates a minor green tick as per Friday close. I believe the gap up may increase due to Nasdaq's strong show as of now.
Nifty - Bearish 1-2-3 set up as per Friday close. Things will change only if we take our Friday high and sustain above it. Else this gap up will be utilized to create fresh shorts. Support lies at 25718 and below that 10 SMA of 25567 becomes the strong support. 25944 & 26104 are the resistances.
BankNifty - Same scenario here too. Numbers alone changes. Supports at 57482 & 56724. Resistance at 57951 & 58232.
VIX above 11.50. MMI 76+. It can go till 85/88. Do not be aggressive please.
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All Stock Options will be for November Series from now onwards.
*This can happen only in India*
The Vodafone Idea (Vi) AGR dues case involves a long-standing legal battle over the definition of Adjusted Gross Revenue (AGR) and the resulting government dues. The company is currently challenging a demand for additional dues for the 2016–17 period, a case that has seen repeated hearings and adjournments in the Supreme Court. While the Supreme Court ruled in favor of the government in 2019, leading to a 10-year staggered payment plan, Vi continues to seek relief from specific additional charges, citing potential errors in the government's calculations.
*Key aspects of the case*
*AGR Definition Dispute* : The core issue is the government's definition of AGR, which includes non-telecom revenue, a definition that telcos like Vodafone (and its predecessor Hutch) have disputed since 2005.
*Supreme Court Rulings* :
In October 2019, the Supreme Court sided with the government, confirming the broader definition of AGR and requiring telcos to pay their arrears.
In September 2020, the Supreme Court allowed telcos to pay their dues over a 10-year period, with an upfront payment of 10% by March 31, 2021.
*Vodafone Idea's Current Challenge* :
Vi has challenged an additional demand of ₹5,006 crore from the Department of Telecommunications (DoT) for the 2016–17 period.
The company argues that the DoT's calculation includes "glaring errors" and has requested the court to have the dues comprehensively re-assessed and reconciled.
*Government's Position* :
Initially, the government left the matter to the courts.
More recently, the government has supported an amicable resolution due to its 49% equity stake in Vodafone Idea, though it has not provided specific waivers.
*Recent Court Proceedings* :
The Supreme Court has repeatedly deferred hearings on Vi's plea to allow time for the government to consider a resolution.
Recent hearings have seen the court emphasize the need for a final resolution to the long-standing dispute.
Today SC indirectly says to the Govt Authorities, do something in favour of VodaIdea!!
*What Next??*
In my opinion BhartiArtl will file a case for some kind of relief in their AGR dues quoting this SC Direction
*My Question*
How come there will be calculation errors only in dues from Corporates and NOT for common man who takes Personal Loan, Agriculture Loan, Education Loan, Housing Loan, etc??
The Vodafone Idea (Vi) AGR dues case involves a long-standing legal battle over the definition of Adjusted Gross Revenue (AGR) and the resulting government dues. The company is currently challenging a demand for additional dues for the 2016–17 period, a case that has seen repeated hearings and adjournments in the Supreme Court. While the Supreme Court ruled in favor of the government in 2019, leading to a 10-year staggered payment plan, Vi continues to seek relief from specific additional charges, citing potential errors in the government's calculations.
*Key aspects of the case*
*AGR Definition Dispute* : The core issue is the government's definition of AGR, which includes non-telecom revenue, a definition that telcos like Vodafone (and its predecessor Hutch) have disputed since 2005.
*Supreme Court Rulings* :
In October 2019, the Supreme Court sided with the government, confirming the broader definition of AGR and requiring telcos to pay their arrears.
In September 2020, the Supreme Court allowed telcos to pay their dues over a 10-year period, with an upfront payment of 10% by March 31, 2021.
*Vodafone Idea's Current Challenge* :
Vi has challenged an additional demand of ₹5,006 crore from the Department of Telecommunications (DoT) for the 2016–17 period.
The company argues that the DoT's calculation includes "glaring errors" and has requested the court to have the dues comprehensively re-assessed and reconciled.
*Government's Position* :
Initially, the government left the matter to the courts.
More recently, the government has supported an amicable resolution due to its 49% equity stake in Vodafone Idea, though it has not provided specific waivers.
*Recent Court Proceedings* :
The Supreme Court has repeatedly deferred hearings on Vi's plea to allow time for the government to consider a resolution.
Recent hearings have seen the court emphasize the need for a final resolution to the long-standing dispute.
Today SC indirectly says to the Govt Authorities, do something in favour of VodaIdea!!
*What Next??*
In my opinion BhartiArtl will file a case for some kind of relief in their AGR dues quoting this SC Direction
*My Question*
How come there will be calculation errors only in dues from Corporates and NOT for common man who takes Personal Loan, Agriculture Loan, Education Loan, Housing Loan, etc??
👍2❤1
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IMPORTANT INFORMATION THIS YEAR DIWALI (20th Oct) & OUR CHANNEL BIRTHDAY (27th Oct) COMES IN A SHORT SPAN OF TIME. ITS DISCOUNT TIME FOR JOINING/RENEWING OUR PREMIUM SERVICES 👉 We are offering 15% discount on any plans you choose and join. (Until last…
Our Diwali Offer ended yesterday at 8 PM. Next offer will be only on 1st January 2026.
