Shekhar's Tech -Nifty intraday 23/09/2016

			T1	T2	T-3	T-4	T-5
Buy at/above	8883.1	Targets:	8902.2	8925.8	8949.4	8973.1	8996.8
Stoploss Buy:	8859.5
			T-1	T-2	T-3	T-4	T-5
Sell at/below:	8859.5	Targets:	8840.4	8816.9	8793.5	8770.0	8746.6
Stoploss Sell:	8883.1

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Sell 1st target DONE

Shekhar Sinha - Money Investment Plans

Best Tax Saver for 2016 is Tax Saving Mutual Funds

         Everyone is looking to make some tax saving investment. There are plenty of options for investments. 5 year FD, 10 year Bonds, Medical Insurance, PPF, Health Insurance etc… But to choose from them you need to consider the returns and the term of lock-in period of your investment.

Considering the current Market position and several other factors Tax Saver

 Mutual Funds are selected as the best Tax Saving investment for 2016.

The factors making the Tax Saving Mutual Funds the best option for saving 

tax are shortest lock in period among all other investments. Since the ELSS 

are market linked there is a risk associated with this, but most of the ELSS 

always gives high returns. There are no or very small fee for the investing 

in ELSS while other insurance polices have huge amount of fees.

Tax Saving Mutual Funds

Below are couple of best performing funds in ELSS

HDFC Tax Saver

Reliance Tax Saver

Canara Robeco Tax Saver

BNP Paribas Long Term Equity Fund