Anil Singhvi strategy 13 Sept: Support Zone on Nifty is 17890-17935, Bank Nifty is 40275-40425

Amid positive global markets, positive Foreign Institutional Investors (FIIs), negative Domestic Institutional Investors (DIIs), neutral Future and Options (F&O) and positive sentiment, the short-term trend of the Indian market will remain positive on Tuesday, said Zee Business Managing Editor Anil Singhvi.  

Anil Singhvi's strategy on Nifty, Bank Nifty on September 13, 2022  

Nifty support zone is 17890-17935, below that 17765-17835 is a strong buy zone 
 
Nifty higher zone is 17975-18050, above that 18100-18175 is a profit booking zone 
 
Bank Nifty support zone is 40275-40425, below that 40075-40200 is a strong Buy zone 
 
Bank Nifty higher zone is 40750-40875, above that 41000-41200 is a profit booking zone 
 
Nifty support levels 17925, 17890, 17835, 17800, 17765, 17700 
 
Nifty higher levels 17975, 18000, 18050, 18100, 18125, 18175 
 
Bank Nifty support levels 40500, 40425, 40375, 40275, 40200, 40075 
 
Bank Nifty higher levels 40675, 40750, 40825, 40875, 41000, 41200 
 
FIIs Index Long at 25% Vs 22%  
PCR at 1.18 Vs 1.10 
Bank Nifty PCR at 1.05 Vs 0.98 
India VIX up by 1% at 17.94 

For Existing Long Positions: 
 
Nifty Intraday SL 17825 and Closing SL 17775 
Bank Nifty Intraday SL 40350 and Closing SL 40175 
 
For Existing Short Positions: 
 
Nifty Intraday and Closing SL 18000 
Bank Nifty Intraday and Closing SL 40750 

For New Positions: 
 
Buy Nifty: 
SL 17825 Tgt 17975, 18000, 18050, 18100, 18125, 18175 
 
Sell Nifty in 18100-18175 range: 
SL 18250 Tgt 18050, 18000, 17975, 17935, 17900, 17850, 17800 
 
For New Positions: 

Buy Bank Nifty: 
SL 40350 Tgt 40675, 40750, 40825, 40875, 41000 
 
Aggressive Traders Sell BankNifty in 40875-41000 range: 
Strict SL 41250 Tgt 40750, 40700, 40575, 40500, 40425, 40375, 40275, 40200 
 
F&O Ban Update: 
New In Ban: Indiabulls Housing Finance 
Already In Ban: Ambuja Cement, Delta Corp 
Out Of Ban: Nil