nifty moves 28.08.2014 abhayshah An investment in knowledge always pays the best interest. DAM in MH – In India 40% of DAM’s constructed in MAHARASHTRA itself. Nifty future level to watch is 7900 / 7980. Nifty is hovering around 8000 levels and we believe that COURT judgement on Sep 1 will be decider on either side. Traditionally before FESTIVE SEASON consumption story generally takes a halt in 2nd QTR FY, MANSOON is a bit dampner so results might not come as expected. From today onwards NAMO’S big dream of ACCOUNT OPENING all over INDIA will inaugurated and first day target is 1 Crore BANK ACCOUNT’S. This above movement of “ जन धन योजना “ will be very much positive if really results in a way govt wants. This will definitely make liquidity more robust and DCT ( Direct Credit Transfer ) what this govt intents will be operative. This might change fortunes for Indian Banking System, still OVERDRAFT FACILITY OF 5000/- will be a worrisome point. Even after MAHARASHTRA is having 40% of total DAM’S constructed in India in last 67 years we are water thurst state and what we researched is MH has enough water resources what required is “ WATER MANAGEMENT “ instead. Here we lacks as a STATE, there is complete bias in the STATE GOVT working about how water will be divided among the state which results in less productivity in CROPS from last few years. If we address this we will be able to increase GDP of STATE. BUY nifty @ 7910 and sell @7980.
Posted on: Thu, 28 Aug 2014 04:57:35 +0000
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