Anil Singhvi strategy for February 14: Key market triggers, important levels to track in Nifty50, Nifty Bank today
Zee Business Managing Editor Anil Singhvi shares his strategy for the February 14 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 17,650-17,725 levels on Tuesday, February 14, and a strong buy zone in the 17,550-17,600 band. For the Nifty Bank — whose 12 constituents include SBI, HDFC Bank, Bank of Baroda, Kotak Mahindra Bank, Axis Bank and ICICI Bank, he sees support coming in at 41,000-41,150, and a strong buy zone in the 40,600-40,750 area.
Here's how Anil Singhvi sums up the market setup on February 14:
- Global: Positive
- FII: Neutral
- DII: Neutral
- F&O: Neutral
- Sentiment: Neutral
- Trend: Neutral
For the 50-scrip headline index, Anil Singhvi expects a higher zone at 17,800-17,850 levels and a strong sell zone at 17,875-17,950 levels. For the banking index, he sees a higher zone at 41,425-41,550 levels and a strong sell area in the 41,625-41,775 range.
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.