Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi sees support for the headline Nifty50 index emerging at 22,000-22,075 levels and a strong buy zone at 21,875-21,950 levels on Tuesday, February 27.

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For the Nifty Bank, he expects support to come in at 46,275-46,425 levels and a strong buy zone at 46,050-46,225 levels.

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

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

The market wizard expects a higher zone for the 50-scrip index at 22,200-22,250 levels and a "blue-sky" zone above 22,300. 

For the banking index, he sees a higher zone emerging at 46,800-46,900 and a strong sell zone at 47,000-47,150 levels. 

ANIL SINGHVI MARKET STRATEGY 

The market guru expects see-saw moves to continue in the market within a narrow range. He believes buying may continue in the Nifty50 as long as holds the 22,000 mark on a closing basis and a strong move once it crosses 22,225. 

Singhvi points out that important support for the banking index exists at 46,200-46,400 and resistance at 47,000-47,200. 

He suggests investors remain selective in midcap and smallcap stocks. 

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