The News: Shares of
BSE
plunged on April 29 after SEBI asked the exchange to pay regulatory fee based on the notional value of its options contracts and not on the premium value.
My take: Today's reaction has now taken into account this news and one need not panic. A stop loss at 2580 should do well. We are in a bull market and supports are respected. Follow your stop loss ✅
Fundamentally & Technically Strong ✅
BSE
plunged on April 29 after SEBI asked the exchange to pay regulatory fee based on the notional value of its options contracts and not on the premium value. My take: Today's reaction has now taken into account this news and one need not panic. A stop loss at 2580 should do well. We are in a bull market and supports are respected. Follow your stop loss ✅
Fundamentally & Technically Strong ✅
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)