Intraday calls for 09-04-10
Markets likely to see a flat opening. Support for nifty is at 5250 and resistance at 5330
If markets show weakness later during the day, sell: BHEL (10.20am – Short at cmp 2555, strict sl 2565)
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Gitanjali Says:
April 11th, 2010
Posted at: 11:45 pm
Hi suzane, Ok Thanks ...in my case It is deferent.. because of what I have wanted it to be ..My inheritance I am passing over..to keep in my name would not have been difficult I guess ..thanks again.
Gitanjali Says:
April 11th, 2010
Posted at: 11:47 pm
Hi Kb, Thanks a lot kb, it is not in dmat form ...I will have to get the legalities right ...thanks ..take care ...have a nice day tomorrow .
pankaj Says:
April 11th, 2010
Posted at: 11:47 pm
Hi Suzane, if u r talking of income tax implications it would be same as i explained to Gitanjali.... u will first convert physical shares to demat form... it may involve some stamp duty charges (m not sure of quantum of it).... then u may fill DP slip to trf to a/c of the other person. m assuming that this transfer is without consideration.... i mean its a gift... income tax (more specifically capital gains tax) will be payable by the transferee at the time latter sells it.
Gitanjali Says:
April 11th, 2010
Posted at: 11:51 pm
Good night .KB, Pankaj.Suzane , Sunil Rao,..looking forward to seeing u folks tomorrow..:)
Kb Says:
April 11th, 2010
Posted at: 11:56 pm
Hi Gitanjali,
Hi suzane,
read this discussion ... this may be of useful .... not sure
http://www.traderji.com/equities/28212-transfer-physical-shares.html
SunilRao Says:
April 12th, 2010
Posted at: 12:03 am
Hi Kb, Good Evening. :)
SunilRao Says:
April 12th, 2010
Posted at: 12:04 am
Hi Gitanjali, Good Night. Take Care. Have a good trading day tomorrow.
Gitanjali Says:
April 12th, 2010
Posted at: 12:05 am
Hi pankaj, Thanks for explaining it well again...I will convert it to demat and progress from there ..let's see ...
Hi Suzane ..converting it to demat is not tough ...there is some expense ..u an contact yr broker..
pankaj Says:
April 12th, 2010
Posted at: 12:08 am
u r most welcome Gitanjali. gudnite.
Gitanjali Says:
April 12th, 2010
Posted at: 12:11 am
Hi Kb, Thanks ...converting is not that tough ... brokers shall do it ..Some had been done previously by my father ..thanks even so for the trouble u took
Hi SunilRao, same to you..goodnight.
Kb Says:
April 12th, 2010
Posted at: 12:14 am
Hi CB,
Time to enter in guj nre coke, fortis ?? hammer there ..
how is themismed looking ??
good night CB & all ... .. will check Ur answer 2 marrow ..
suzane Says:
April 12th, 2010
Posted at: 12:17 am
Hi Gitanjali, good night .. Sweet dreams
Hi Kb, thanks dear
Kb Says:
April 12th, 2010
Posted at: 12:17 am
Hi Gitanjali,
hmmm. .. ok.. goodnight. . :)
Kb Says:
April 12th, 2010
Posted at: 12:19 am
Hi suzane,
hi.. welcome. ..
ok.. goodnight :)
suzane Says:
April 12th, 2010
Posted at: 12:21 am
Hi Kb, Hi Gitanjali, Hi pankaj, cant this transfer proceed just by sighning the form ... Is it compalsarry to be in demat form ?? What if the first party deal and sign to another as it was done before the demat form rise in stock market ... They dun have demat acount at that time... Simply they use the stamp ticket and processed in a month...
Is that so Physical to physical process are not done these days ??
Kb Says:
April 12th, 2010
Posted at: 12:40 am
Hi suzane,
brokers may be doing physical to demat conversion" .. as gitanjali said ..
read this,, may be of some use. .
http://www.traderji.com/equities/28212-transfer-physical-shares.html