Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,040-25,150 levels and a strong buy zone at 24,850-24,975 levels on Tuesday, September 23.
For the Nifty Bank, the market wizard expects support at 55,000-55,150 levels and a strong buy zone at 54,700-54,900 levels.
How market guru Anil Singhvi sums up trade setup:
The market wizard expects a higher zone at 25,240-25,325 levels and a strong sell zone at 25,350-25,450 levels for the headline index.
For the banking index, he expects a higher zone at 55,500-55,675 levels and a profit-booking zone at 55,725-55,850 levels.
ANIL SINGHVI MARKET STRATEGY | How to trade Nifty Bank and Nifty50?
For existing long positions:
For existing short positions:
For new positions in Nifty50:
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Aggressive Traders Buy Nifty in 24950-25115 range: Strict stop loss at 24850 for targets of 25150, 25200, 25240, 25275, 25325, 25350
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Aggressive Traders Sell Nifty in 25275-25425 range: Strict stop loss at 25500 for targets of 25240, 25200, 25150, 25115, 25085, 25050, 24975
For new positions in Nifty Bank:
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Aggressive Traders Buy Nifty Bank in 54825-55025 range: Strict stop loss at 54700 for targets of 55150, 55225, 55300, 55450, 55550, 55675
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Aggressive Traders Sell Nifty Bank in 55550-55725 range: Strict stop loss at 55850 for targets of 55450, 55350, 55300, 55225, 55150, 55025, 54900
ALSO READ: What GIFT Nifty signals
Stock in F&O ban
- Already in ban: HFCL, Sammaan Capital
- Out of ban: Angel One
- New in ban: RBL Bank
