-------- Forwarded Message --------
Subject: Bank Nifty Fut(Oct): Need To Sustain Over 17570-17660 For 18000
Date: Thu, 1 Oct 2015 07:48:19 +0530
From: Asis Ghosh <asis...@gmail.com>
Reply-To: asis...@gmail.com
*"Rajan Rally" May Continue And We Can See 18800-19300 In The Near
Term--Power Sector Reform Initiatives May Help *
*Trading Levels: Positional*
LTP 17328
25 POINTS FROM SLR
T1 T2 T3 T4 T5 SLR
17200
17319-91 17482-570* 17661-760* 17851-950 18053-160
<17150
17150
16979 16619-590* 16270-187* 16000 15793 >17200
Yesterday BNF under performed broader market to some extent due to
concern of NIM for rate cut transmissions by banks. On an average so far
Banks has transmit nearly 70 bps against 120 bps cut by RBI. Also due to
equity infusion in PSBS, there is some possibility of EPS dilution in
Banks, unless, supported by incrementally higher income.
By Apr'16, we may see nearly 90% transmission by banks.
Going forward, various proactive reform initiatives by the Govt after
"Rajan done his job" may help our market. Power sector reforms and
starting of stalled projects will help to generate significant cash flow
which in turn, will reduce the huge NPA associated with that sector too.
Globally, after overnight US market rally amid "No Shutdown" and some
dovish comments of FOMC members and China's improved PMI data may also
help today.
*Above 8050, NF may scale 8125-8200-8355 in the near term. *
*Analytical Charts:*
<http://2.bp.blogspot.com/-XCpsu2Mcnfg/VgyVFhO_MqI/AAAAAAAAEJE/VTxMUg3-LQk/s1600/BNF-30-09-2015.png>
<http://1.bp.blogspot.com/-NXeWmxt8Rp0/VgyVHeIP54I/AAAAAAAAEJM/_0_uOQAaIWs/s1600/BNF-FIBB-30-09-2015.png>
<http://1.bp.blogspot.com/-MLkmQ4LvddU/VgyVJs4UX9I/AAAAAAAAEJU/d_6Fb75dks8/s1600/BNF-WK-30-09-2015.png>
<http://2.bp.blogspot.com/-HK-AfCMgLeA/VgyVMoL1zNI/AAAAAAAAEJc/Gsurj4qXWYc/s1600/BNF-PATTERN-30-09-2015.png>
<http://1.bp.blogspot.com/-TvO2ZH2PJF4/VgyVQK1qpYI/AAAAAAAAEJk/SR-v2PswGJ0/s1600/BNF-TL-30-09-2015.png>
<http://1.bp.blogspot.com/-aDOPliWAncM/VgyVUmZ3msI/AAAAAAAAEJs/sUuIRm8yBc4/s1600/BNF-PATTERN-MT-30-09-2015.png>
--
Thanks & Regards,
Asis Ghosh
(asisghosh.blogspot.in)
NCFM-TA Certified
--
Kindly email stock reports at
STOCKRESEARCHER@googlegroups.com
For sharing knowledge
-- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE.
http://www.niftyviews.com/
Disclaimer :-
"The opinions expressed by the members on this board are based on
their individual experience and perceptions and to share information
with other members with the best of intentions to help fellow members
in investment decisions as equity investment is a risky venture.The administrator of
www.Niftyviews.com just provide a platform for the authors to express their opinion
and take no guarantee for the genuineness of the same."ANY member of this forum
doesnt prepare or publish any research report; or ii. provide research report; or
iii. make 'buy/sell/hold' recommendation; or iv. give price target;
---
You received this message because you are subscribed to the Google Groups "Niftyviews.com" group.
To unsubscribe from this group and stop receiving emails from it, send an email
to stockresearcher+unsubscr...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
