Anil Singhvi Strategy on June 27: Support zone on Nifty is 15700-15750 and Bank Nifty is 33425-33650

Amid positive global markets, neutral Foreign Institutional Investors (FIIs), positive Domestic Institutional Investors (DIIs), neutral Future & Options (F&O), positive sentiment, the short-term trend of the Indian market will be negative on Monday, June 27, 2022, said Zee Business Managing Editor Anil Singhvi.  

Earlier, the Indian stock market closed with nearly one per cent gains on Friday. The Nifty50 gained 0.92% to end near 15,699, while the Sensex surged over 462 points to settle at 52,727 on Friday.  

Anil Singhvi Strategy on Nifty, Bank Nifty on June 27, 2022  
Nifty support zone is 15700-15750, below that 15625-15675 is a strong Buy zone 
 
Nifty higher zone is 15775-15850, above that 15875-15975 is a strong Profit booking zone 
 
Bank Nifty support zone is 33425-33650, below that 33125-33200 is a strong Buy zone 
 
Bank Nifty higher zone is 34000-34175, above that 34350-34475 is a strong Profit booking zone 
 
Nifty support levels: 15700, 15675, 15650, 15625, 15550, 15425 
 
Nifty higher levels: 15750, 15775, 15850, 15875, 15900, 15975, 16000, 16075 
 
Bank Nifty support levels: 33625, 33425, 33300, 33200, 33125 
 
Bank Nifty higher levels: 33775, 33900, 34000, 34175, 34350, 34475, 34650, 34750 
 
FIIs Index Long at 25% Vs 24% 
PCR at 1.04 Vs 1.03 
India VIX down by 1.5% at 20.55 

 
For Existing Long Positions: 
 
Nifty Intraday and Closing stoploss (SL) 15600 
Bank Nifty Intraday and Closing SL 33100 

 
For Existing Short Positions: 
 
Nifty Intraday and Closing SL 15800 
Bank Nifty Intraday and Closing SL 33650 

For New Positions: 
 
Buy Nifty: 
15600 Tgt 15750, 15775, 15850, 15875, 15900, 15975, 16000, 16075
 
Aggressive Traders Sell Nifty in 15875-15975 range: 
Strict SL 16075 Tgt 15850, 15775, 15750, 15700, 15675, 15625 
 
For New Positions: 
 
Buy Bank Nifty: 
SL 33350 Tgt 33775, 33900, 34000, 34175, 34350, 34475 
 
Sell Bank Nifty in 34350-34475 range: 
SL 34650 Tgt 34175, 34000, 33900, 33775, 33650, 33425 
 
F&O Ban Update: 
Already In Ban: Delta Corp, Sun TV, IB Housing Finance, RBL Bank 
New In Ban: Nil 
Out Of Ban: Nil