Happy Rise in Banks

The sparkling up moves in all the PSU banks made screen in green colour. The morning session SBI was sub-dued as if it is likely to fall but once it crossed the 1566 and after 1573 zoomed to 1620 levels. The reverse is the case with Tata Steel showed strength in early trades came down to 691 levels. RCOM with news strength gained to all time high closing, more potential left. RIL stayed above the support level 1766 as posted. Nifty stayed above the immediate support level on 4493 through out the day is a positive sign.