At "CASA" roads!
Lots of positive in the big picture than negatives.
Pin pricking negatives have not led anyone anywhere.
Ahead of budget, Fiscal Deficit, the Government borrowing, dis-investment remains the themes to move on.
In the short term, the CASA, where the deposits are growing slower than advances, plus the move of money towards equity drawing the money from the banking system, at some point of time would turn victim than the victory. But not for now.
Not much to infer, saner Europe, Mixed Data, Inflation numbers ahead remain on the watch.
Dollar dithers, circles around the 105.00-mark, Rupee is rock-steady.
Cues mixed, nothing changing either side at this point, the recent up move bias is broadly intact.
Support 52250-52150-51950
Supply 52600-52780-53000
Pin pricking negatives have not led anyone anywhere.
Ahead of budget, Fiscal Deficit, the Government borrowing, dis-investment remains the themes to move on.
In the short term, the CASA, where the deposits are growing slower than advances, plus the move of money towards equity drawing the money from the banking system, at some point of time would turn victim than the victory. But not for now.
Not much to infer, saner Europe, Mixed Data, Inflation numbers ahead remain on the watch.
Dollar dithers, circles around the 105.00-mark, Rupee is rock-steady.
Cues mixed, nothing changing either side at this point, the recent up move bias is broadly intact.
Support 52250-52150-51950
Supply 52600-52780-53000
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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