Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 benchmark at 18,215-18,265 levels and a strong buy zone at 18,100-18,150 levels on Monday, May 15. For the Nifty Bank — whose 12 constituents include HDFC Bank, SBI, Bank of Baroda and Axis Bank, he sees support emerging at 43,475-43,575 levels and a strong buy zone at 43,200-43,375 levels.

Here's how Anil Singhvi sums up the market setup on May 15: 

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

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For the 50-scrip headline index, he expects a higher zone at 18,315-18,375 levels and a strong sell zone at 18,400-18,450 levels.​ For the banking index, he sees a higher zone at 43,850-43,950 levels,  levels and a strong sell zone at 44,050-44,150 levels.

  • FII index longs at 46 per cent on Monday vs 47 per cent the previous day
  • Nifty put-call ratio (PCR) at 1.24 vs 1.25
  • Nifty Bank PCR at 1.29 vs 1.06
  • Fear index India VIX down three per cent at 12.85

ANIL SINGHVI MARKET STRATEGY

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