Anil Singhvi strategy for February 28: Key market triggers, levels to track in Nifty50, Nifty Bank today
Zee Business Managing Editor Anil Singhvi shares his strategy for the February 28 session on Dalal Street. Check out his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 benchmark at 17,300-17,350 levels on Tuesday, February 28, and a strong support zone in the 17,175-17,250 band. For the Nifty Bank — whose 12 constituents include HDFC Bank, SBI, Bank of Baroda and Axis Bank, he sees support emerging in the 39,900-40,000 area, and a strong buy zone in the 39,600-39,750 range.
Here's how Anil Singhvi sums up the market setup on February 28:
- Global: Positive
- FII: Negative
- DII: Positive
- F&O: Neutral
- Sentiment: Cautious
- Trend: Negative
latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.