Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi sees support for the Nifty index coming in at 18,635-18,690 levels and a strong buy zone at 18,550-18,600 levels on Tuesday, June 20. For the Nifty Bank, the market wizard sees support at 43,275-43,400 levels and a strong base at 43,000-43,200 levels. 

Here's how Anil Singhvi sums up the market setup:

  • Global: Negative
  • FII: Positive
  • DII: Positive
  • F&O: Neutral
  • Sentiment: Positive
  • Trend: Positive

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For the 50-scrip headline index, he expects a higher zone at 18,750-18,800 levels and a strong sell zone at 18,825-18,875 levels.​ For the banking index, he sees a higher zone at 43,675-43,800 levels and a strong sell zone at 43,875-44,075 levels.   

  • FII index longs at 51 per cent vs 55 per cent the previous day
  • Nifty put-call ratio (PCR) for all contracts at 0.98 vs 1.29
  • Nifty Bank PCR for all contracts at 0.75 vs 0.99
  • Fear index India VIX rises 3.55 per cent to 11.23

ANIL SINGHVI MARKET STRATEGY

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