Anil Singhvi strategy July 14: Important levels to track in Nifty, Nifty Bank today
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi shares his strategy for the July 14 session. Check out his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi sees support for the Nifty headline index coming in at 19,300-19,350 levels and a strong buy zone at 19,200-19,235 levels on Friday, July 14. For the Nifty Bank, he expects support at 44,450-44,550 levels and a strong buy zone at 44,125-44,325 levels.
Here's how Anil Singhvi sums up the market setup:
- Global: Positive
- FII: Negative
- DII: Neutral
- F&O: Positive
- Sentiment: Neutral
- Trend: Positive
The market wizard expects higher levels in the Nifty in the 19,440-19,500 band and profit-booking area at 19,550-19,600. For the banking index, he sees a higher zone at 44,850-44,925 levels and a strong sell zone at 45,000-45,125 levels.
- FII index longs at 69 per cent vs 72 per cent
- Nifty put-call ratio (PCR) at 1.11 vs 0.88
- Nifty Bank PCR at 0.78 vs 0.67
- Fear index India VIX unchanged, at 10.94
ANIL SINGHVI MARKET STRATEGY
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