DIY Technical Analysis Timeline

I have stopped sharing portfolio details for quite sometime now because of the latest sebi where even for education purpose I can't use the live rates and has to be few months old rates

 

Yes but I have stopped sharing any updates because SEBI has very strict guidelines on the same even when it is for education purpose only.

 

I don't think so now the tariff things are on the roll back it will come to those levels. Yet fingers crossed. Still do nothing period is on going.

 

If you pay a very high price then yes it can take a longer time to get back to your price but the better option is to get those good stocks at very cheap prices. I think the market will need to factor in the new reality of Tariffs and I think the market is still in its own way thinking relative but I think this is the time where the world order is changing. So don't be in a hurry to buy the dips and think about buying something at 5 to 10 PE. I am not saying these stocks but many good companies will collapse after the April to June quarterly updates and commentary.

So have patience, accumulate cash and wait for the right opportunity.

 

Exactly. Tax loss harvesting is more like click bait on social media. Ideally one should book loss and then buy back share that they plan to hold for the long-term and not otherwise.

 

Yes true but then lets do some calculation and it will help you.

Your purchase price is ₹100.
You booked loss at ₹70 and then repurchased the next day at ₹70.

So on the loss of ₹30 and saved ₹6 at 20%

Now your purchase price is ₹70 and the price goes back to ₹100 but takes one year's time. Now on the profit of ₹30 you pay ₹3.75 as LTCG tax.

However, if you had to pay back the tax at 20% at ₹100, you don't save anything but defer the tax payment. But because the stock can take longer time to reach to that price or you can wait a little more and then sell at ₹120 as well. When you have an arbitrage of saving STCG and then waiting to gain and pay LTCG is when you have benefits. Not otherwise.

Again, one can argue on the STT but we also have 1.25L as free slab under LTCG as well and so there is some saving for sure. However, saving on purely STCG and then paying STCG again doesn't make sense.

Similarly, saving LTCG and then paying LTCG doesn't make much sense beyond the 1.25L tax free slab.

 

True but generally if I want to be holding a company for long-term, then I prefer doing tax loss harvesting for the short term and save 20% and defer the payment now and then pay 12.5%

 

Yes it is always a good option to reduce the tax one needs to pay

 

मार्केट में अब क्या लगता है? Market Outlook for Feb and Mar

https://www.youtube.com/watch?v=RdkFfTlV-bg