Now we are back to middle in bank nifty for last week of August expiry.
Bias will be negative. Bullish only above 36000 level now.
First support 35200
S2 : 34600
Next week to sell below 34600 put in beginning of week and above 36300 call.
More from Mitesh Patel
New follower can go through my old tweets through this link to learn about my trading style.
https://t.co/YqesIdZDQ2\u2026
— Naveen sharma (@learner_naveen) June 14, 2021
Here is the link to the book aka copiled tweets of @Mitesh_Engr sir @_GauravVashisth @ITRADE191 Sir
Anyone can download and use it for free.
Few are saying that now a days I am not sharing any knowledgeable tweet.
I already shared in my old tweets and I don’t want to repeat same.
Read my old learning tweets in this PDF collection.
I already shared in my old tweets and I don’t want to repeat same.
Read my old learning tweets in this PDF collection.
Mitesh Bhai's tweets comprises of the live case studies. Study & apply them in your trading system.
— (DJ)itrade capital solution Private Limited. (@ITRADE191) June 25, 2021
Thanks to those who have made the pdfs of Mitesh Bhai's tweets, have merged it in this single pdf.\U0001f607\U0001f60e\U0001f607https://t.co/RLGACDY6sj
Pvt LTD : 25% tax
You can withdraw fund in form of salary and dividend only. Double taxation if withdraw after completion of financial year.
Partnership firm : 35% tax
Funds u can withdraw anytime. No double taxation even after completion of financial year.
Discussed with CA.
If any CA has more information they can update here.
I am moving ( principal capital) to partnership firm to avoid double taxation.
Only drawback is you have to pay more 10% tax but funds will remain on your name only and no double taxation in future. You can buy properties etc on your name.
You can withdraw fund in form of salary and dividend only. Double taxation if withdraw after completion of financial year.
Partnership firm : 35% tax
Funds u can withdraw anytime. No double taxation even after completion of financial year.
Discussed with CA.
1. Make a Pvt Ltd Company.
— Aditya Todmal (@AdityaTodmal) March 1, 2022
Form a company with family members and trade under it. The family members should be directors of the company. Will explain why later.
Why form a company?
You will only need to pay 25% flat tax. Individuals have to pay 30% tax above 10 lakh profits.
If any CA has more information they can update here.
I am moving ( principal capital) to partnership firm to avoid double taxation.
Only drawback is you have to pay more 10% tax but funds will remain on your name only and no double taxation in future. You can buy properties etc on your name.