NIFTY DAILY CHART
TRENDLINE : THE ABOVE TRENDLINE IS FROM JAN'10 HIGH (5310) CONNECTING APRIL '10 HIGH (5400) TILL AUG'10 HIGH ( 5499) WHICH UPON EXTENSION WE CAN SEE NIFTY MIGHT FACE RESISTANCE AT 5570
VOLUMES : VOLUMES HAVE BEEN DECLINING BETWEEN THE PERIODS AS MENTIONED ABOVE
According to the guidelines, any bank with net NPAs between 6% to 9% of their total loan book, and a negative return on assets for two straight years, may have to face restrictions on dividend and profit remittances.capitalstars
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