Amid neutral global markets, negative Foreign Institutional Investors (FIIs), neutral Domestic Institutional Investors (DIIs), neutral Future and Options (F&O) and neutral sentiment, the short-term trend of the Indian market will remain neutral on Tuesday, August 30, said Zee Business Managing Editor Anil Singhvi.  
 
Anil Singhvi's strategy on Nifty, Bank Nity on August 30 

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Nifty support zone is 17150-17225, below that 17025-17075 is a strong buy zone  

Nifty higher zone is 17375-17450, above that 17475-17550 is a strong sell zone  

Bank Nifty support zone is 37950-38050, below that 37625-37750 is a strong buy zone  

Bank Nifty higher zone is 38400-38550, above that 38650-38800 is a strong sell zone  

Nifty support levels17300, 17225, 17175, 17150, 17075, 17025  

Nifty higher levels: 17340, 17375, 17400, 17450, 17475, 17500, 17525, 17550  

Bank Nifty support levels: 38225, 38175, 38050, 37950, 37750, 37700, 37625 

Bank Nifty higher levels: 38400, 38550, 38650, 38700, 38750, 38800, 38850, 38975  

FIIs Index Long at 34% Vs 39%  
PCR at 0.98 Vs 0.96 
India VIX up by 9% at 19.82 

For Existing Long Positions: 

Nifty Intraday and Closing stoploss (SL) 17125 
Bank Nifty Intraday and Closing SL 37900 
 
For Existing Short Positions: 

Nifty Intraday SL 17425 and Closing SL 17600 
Bank Nifty Intraday SL 38550 and Closing SL 38700 

For New Positions: 

Buy Nifty: 
SL 17150 Tgt 17375, 17400, 17450, 17475, 17500, 17525, 17550 

Sell Nifty in 17450-17525 range:
SL 17600 Tgt 17400, 17380, 17360, 17340, 17300, 17225, 17175

For New Positions: 
 
Buy Bank Nifty: 
SL 37900 Tgt 38400, 38550, 38650, 38700, 38750, 38800, 38850, 38975 

Aggressive Traders Sell Bank Nifty in 38700-38850 range: 
Strict SL 39000 Tgt 38650, 38550, 38400, 38300, 38225, 38175, 38050, 37950 

No Stocks in F&O Ban