Anil Singhvi's Market Strategy November 15: Market is Positive; Yes Bank and Page Industries are Stocks of the Day
Amid neutral global markets, domestic institutional investors (DIIs), global markets, foreign institutional investors (FII), and positive future and option (F&O), sentiments, the short-term trend of the Indian market is set to be positive today, on November 15, 2018.
Indian markets ended on a flat note after trading in a range-bound manner on November 14, 2018. Nifty 50 closed down by 6.20 points (0.06%) at 10,576.30 while Nifty Bank went up by 161.55 points (0.63%) to close at 25,930.15. S&P BSE Sensex went down by 2.50 points (0.01%) and closed 35,141.99
Amid neutral global markets, domestic institutional investors (DIIs), global markets, foreign institutional investors (FII), and positive future and option (F&O), sentiments, the short-term trend of the Indian market is set to be positive today, on November 15, 2018.
Zee Business's Managing Editor Anil Singhvi's Market Strategy for November 15:
10,600 and 26,000 are going to be the deciding levels on Nifty and Bank Nifty.
The small and bigger trading range on Nifty lies between 10,525-10,625 and 10475-10650 respectively while the extreme range rests at 10,450-10,700.
The small and bigger trading range for BankNifty lies between 25,800-26,050 and 25,700-26,100. The extreme range stands at 25,600-26,250.
The strong support zone on the two indices, Nifty and BankNifty stand at 10,525 and 25,700-25,800 respectively.
Traders can start fresh buying if Nifty closes above the mark of 10,600.
हंसी-मज़ाक के बीच दमदार स्ट्रैटेजी, तगड़ी रिसर्च और कमाई के बेहतरीन टिप्स और कहां सिर्फ #ZeeBusiness पर।@AnilSinghviZEE @amitdutta09 @kunalsaraogi @iamrakeshbansal @deepaliranaa @dkalra81 @SumitResearch @sandeepgrover09 @poojat_0211 @12_AparnaRoy pic.twitter.com/4XIXZAw2m4
— Zee Business (@ZeeBusiness) November 15, 2018
Sell and Buy strategy on Nifty
Buy Nifty with a stop loss of 10,525 and target of 10,625, 10,650 and 10,700.
Sell Nifty in the range of 10,650-10,700 with a stop loss of 10,725 and target of 10600
Sell and Buy strategy on BankNifty
Buy BankNifty with a stop loss of 25,700 and target of 26,000, 26,100 and 26,250
Sell BankNifty in the range of 26,050-26,150 with a stop loss of 26,250 and target of 26,000, 25,900 and 25,800.
#ZBusinessInMumbai | #BankNifty की वीकली एक्सपायरी आज, अनिल सिंघवी की दमदार स्ट्रैटेजी से करिए बाज़ार में पैसा कमाने की तैयारी।#MarketStrategy @AnilSinghviZEE pic.twitter.com/rXa0Ulr8GX
— Zee Business (@ZeeBusiness) November 15, 2018
Enter or out of F&O ban: Nil
Already in F&O ban: Adani Power and Jet Airways.
The put-call ratio (PCR) stands at 1.57 and the volatility index (VIX) is 18.82.
Sectors:
Positive: Cement
Result Analysis:
Buy UBL Futures: Stop loss 1285 and target of 1340, 1355 and 1370. Strong volume growth and best performance so far.
Sell Idea Futures: Stop loss 42 and target 38, 37.25. Big loss and weak outlook.
Apollo Hospital: Stop loss 1150 and target 1185, 1200.
Results good and, profit booking if it opens up with a gap
Stock of the Day:
Sell Yes Bank Futures: Stop loss 228 and target of 213, 208, 202
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Mukhyamantri Majhi Ladki Bahin Yojana: Know eligibility, benefits, and documents to apply for this women-centric government scheme
Gratuity Calculator: Rs 37,000 as last-drawn salary; 6 years and 3 months as service period; know your gratuity?
Top 7 Gold ETFs With Highest Annualised Returns in 10 Years: Know how Rs 10 lakh investment in each ETF has performed in last decade
Defence PSU Stock to BUY: This multibagger scrip corrects 49% from 52-week high - Is this right time to buy?
Top 7 Large and Mid Cap Mutual Funds With up to 43% Return in 1 Year: Rs 25,000 monthly SIP investment in No. 1 scheme is now worth Rs 3,64,654
Power of Compounding: Can monthly SIP investment of Rs 7,000 help build corpus of Rs 4.5 crore? See in how many years it can be done
09:39 AM IST