Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 91.05 R2 96.00 R3 99.65

PIVOT 87.40

S1 82.45 S2 78.80 S3 73.85...

Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 75.10 R2 77.20 R3 78.45

PIVOT 73.85

S1 71.75 S2 70.50 S3 68.40...

Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 147.95 R2 151.25 R3 155.75

PIVOT 143.45

S1 140.15 S2 135.65 S3 132.35...

Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 283.95 R2 296.60 R3 306.30

PIVOT 274.25

S1 261.60 S2 251.90 S3 239.25...

Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 1467.20 R2 1501.00 R3 1524.00

PIVOT 144.20

S1 1410.40 S2 1387.40 S3 1353.60
...

Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 183.30 R2 188.60 R3 194.45

PIVOT 177.45

S1 172.15 S2 166.30 S3 161.00...

Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)

R1 296.40 R2 302.55 R3 309.65

PIVOT 289.30

S1 283.15 S2 276.05 S3 269.90



...

Dear Sankarantpr, First we have to get protection for the funds we have saved for our future. Then only SLR or CRR will come into play. Am I correct, Sir? so please allow me to place my view for your kind attention. You can see the difference how a bank in trouble or default is dealtwith in USA. There was a fiscal crisis. The senate met and took decisions collectively. whether it is wrong or right. There was a concerted attempt to discuss and to take a decision. Here our PM and FM give ratio/TV talks and RBI issues statements. The Govt. thinks that the other leaders are not worthy of consutation.There will be divergent views always. That is why we call for a discussion. Now the political parties also do not comment on the Govt. attitude, so that some corrective steps are visibly taken. The opposition parties also to be blamed. When they meet , they simply make noice or stage walk out, without discusing the issues involved and that helps the Govt. to have a cake walk. I am now concerned with the safety of lacs of depositors.The deposit insurance cover is also not increased. There is no voice from the economists,media and share market commentators. Here in USA, we have cover for an account upto 2.5 lacs US dollors. The trade unions like AIBEA and FCII are not touching this aspect. Are they not having bank accounts? It is really very unfortunate that the biggest union AIBEA which was able to give a call for all India Strike for two days, do not send any single point for the protection of bank deposits.Thwy all think that the PSU banks are not vulnarable for the crisis.Why they they have alimited cover for one lac of rupees.It is learned that mutual funds are also selling some holdings in NIFTY. The fiscal crisis has spread to Europe.As there are many small countires, a concerted action to face the world economic crisis is not possible. In Ireland, the Govt. immediately covered with insurance for six banks . Is it not a signal to the country leaders? Perhaps all our radars are lent to Srilanka Govt. I do not know when we all will see the reality. God alone should save this country. v.krishnamoorthy ...

Don`t look at the PIVOT point. It will not work now. It`s work only in rangebound environment. But for ABB there is buy potentiality for short as well as long term....

Dear fellow boarders...there is a very strong negative sentiment about this scrip...all sorts of rumours are flying..could anyone guide me about the future of this scrip please ?thanx ramakrishnan...

why is this scrip going down today? ...

now after result shd buy this stock ?...

This is rocking stock. Stop day trading. Wait for 1yr it will reach 350-400 ...

Axon supports Infy for now, but may review new bids too. ...