Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi sees a strong buy zone in the Nifty index coming in at 18,860-18,890 levels on Friday, June 30. The market wizard points out that levels above 19,025 will be the "blue sky zone" for the headline index. 

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For the Nifty Bank, he sees support at 44,125-44,175 and a strong buy zone at 43,925-44,025 levels. 

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

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

For the banking index, he expects a higher zone at 44,425-44,500 levels and a blue sky zone above the 44,550 mark.    

  • FII index longs at 66 per cent vs 60 per cent 
  • Nifty put call ratio (PCR) at 1.41 vs 1.21
  • Nifty Bank PCR at 1.3 vs 1.46
  • Fear index India VIX up one per cent at 10.89

ANIL SINGHVI MARKET STRATEGY

Read more on what market wizard Anil Singhvi makes of PKH Ventures IPO

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