Nifty rose 111 points to shut shop at 8532 on the back of broad-based buying. For most part of the day, the Sensex and Nifty traded on a firm note led by gains in banking stocks. The strong rollover position in the current month at 64 percent has been higher compared to 59 percent seen in the previous month. This shows that investors are taking fresh long positions on hopes of better economic prospects in the near term. Also, globally there haven’t been any major negative developments that could trigger a downfall.
RESISTANCE: 8550, 8580, 8610 SUPPORT: 8520, 8490, and 8460
Finance Ministry is expected to disburse about Rs 20,000 crore to various public sector banks in the next two months to shore up their capital base, Of this, Rs 10,000 crore would be provided to weak public sector banks which require more capital.
That’s why on Friday banks have gained, and looking good for upcoming week also.
Capvision Investment Advisor is an Investment Advisory Company. Capvision Investment Company provides recommendation in all segment of stock market like Capital Market, Commodity Market, Forex Market etc.
We are offering 2 days free trial in stock cash tips, stock future tips, nifty/bank nifty tips, option, MCX tips, Ncdex tips & forex market. For getting free trial pack you can fill trial form from site or call us on 09713344666. For any query or feedback feel free to mail us on [email protected]. We believe in giving best recommendation to each and every client by providing 24*7online and telephonic assistance
Capvision Investment Advisor is SEBI Register & ISO Certified Company stock advisory company, connoisseur in Stock market, Commodity market & Forex market.
We’ve known by our proficient Research Team. We stand at a very nice position among advisory company because of our Research team’s allegiance towards research & efficiency to manage clients funds & help them to profit rising.
We have totally customized services for each & every clients. Whether you trade in equity, commodity, forex, intraday, positional or you are small trader or big investor, we have a huge range of services which has been designed to keep you in mind.
Here we have mentioned some basic services like
Option trading Tips,
Nifty future Tips,
Forex Trading tips,
You get all services through SMS and Instant Messenger. Free trial facility we also provide our client to watch our services. We believe in giving best recommendation to each and every client by providing 24*7online and telephonic assistance.