Anil Singhvi Strategy June 13: Market guru gives Nifty, Bank Nifty support levels; suggests what investors should do in current market

Amid negative global markets, negative Foreign Institutional Investors (FII), positive Domestic Institutional Investors (DII), neutral Futures and Options, negative sentiments, the short-term trend of the Indian market will be negative on Monday, June 13, 2022.  

What should investors do in current market scenario?   

Zee Business Managing Editor Anil Singhvi recommends investors and short-term traders to keep a stoploss at 15700 and 33000 closing bases. He suggests them to lower position in small cap and midcap stocks. " Investors should put 25% money in 1500-15800 and 33000-33300 levels," said the Market Guru.  

Anil Singhvi's trading strategy on Nifty, Bank Nifty on June 13, 2022   

 Nifty support zone 15800-15850 and 15735-15785, Below that 15550-15675 strong Buy zone 
 
Nifty higher zone 16000-16075, Above that 16175-16200 strong Sell zone 
 
Bank Nifty support zone 33525-33675 and 33125-33300, Below that 32875-33000 strong Buy zone 
 
Bank Nifty higher zone 33900-34150, Above that 34350-34500 strong Sell zone 
 
Nifty support levels 15975, 15900, 15850, 15810, 15785, 15735, 15675, 15625, 15550 
 
Nifty higher levels 16000, 16075, 16125, 16200, 16250 
 
Bank Nifty support levels 33800, 33675, 33600, 33525, 33300, 33125, 33000, 32875 
 
Bank Nifty higher levels 33900, 34000, 34150, 34275, 34350, 34475 
 
FIIs Index Long at 21% Vs 24% 
PCR at 0.88 Vs 1.28 
India VIX up by 2% at 19.58 

 
For Existing Long Positions: 
 
Nifty Intraday and Closing SL 15700 
BankNifty Intraday and Closing SL 33000 

 
For Existing Short Positions: 
 
Nifty Intraday SL 16000 and Closing SL 16200 
BankNifty Intraday SL 34350 and Closing SL 34500 

For New Positions: 
 
Sell Nifty: 
SL 16075 Tgt 15975, 15900, 15850, 15810, 15785, 15735, 15675, 15625 
 
Aggressive Traders Buy Nifty in 15735-15810 range: 
Strict SL 15700 Tgt 15850, 15900, 15975, 16000, 16075 
 
For New Positions: 
 
Sell BankNifty: 
SL 34350 Tgt 33900, 33800, 33675, 33600, 33525, 33300, 33125, 33000, 32875 
 
Aggressive Traders Buy BankNifty in 33000-33300 range: 
Strict SL 32800 Tgt 33525, 33600, 33675, 33800, 33900, 34000 
 
F&O Ban Update: 
Already In Ban: Delta Corp 
New In Ban: Nil 
Out Of Ban: Nil