Anil Singhvi Market Strategy September 25: Important levels to track in Nifty50, Nifty Bank today
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi shares his strategy for today's session on Dalal Street. Learn more about his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index to emerge at 25,800-25,875 levels and a stronger support zone at 25,625-25,700 levels on Wednesday, September 25. For the Nifty Bank, he expects support at 53,725-53,800 levels followed by a stronger support zone at 53,350-53,500 levels.
The market wizard sees a higher zone for the headline index at 25,975-26,025 levels and a "blue-sky zone" above the 26,050 mark. For the banking index, he sees a higher zone at 54,100-54,250 levels and a blue-sky zone above 54,300.
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Anil Singhvi Market Strategy September 25 | How the market wizard sums up the trade setup
Global: Positive
FII: Neutral
DII: Positive
F&O: Neutral
Sentiment: Positive
Trend: Positive
FII long positions at 72 per cent vs 75 per cent a day ago
Nifty put-call ratio (PCR) at 1.31 vs 1.42
Nifty PCR Bank at 1.13 vs 1.34
Volatility index India VIX down 3 per cent at 13.39
Anil Singhvi Market Strategy September 25 | For existing long positions
Nifty intraday and closing stop loss at 25,750
Nifty Bank intraday and closing stop loss at 53,700
Anil Singhvi Market Strategy September 25 | For existing short positions
Nifty intraday and closing stop loss at 26,050
Nifty Bank intraday and closing stop loss at 54,300
Anil Singhvi Market Strategy September 25 | For new positions in Nifty50
The best range to buy Nifty is 25,800-25,875 with a stop loss at 25,750 for targets of 25,940 and 26,000; above 26,050, one may hold on to their long positions with a trailing stop loss
There is no signal to short Nifty; aggressive traders can sell with a strict stop loss at 26,000 if it breaks below 25,750
Anil Singhvi Market Strategy September 25 | For fresh positions in Nifty Bank
Aggressive traders can buy Nifty Bank in the 53,725-53,800 range with a strict stop loss at 53,650 for targets of 53,900, 53,975, 54,100, 54,200 and 54,250; above 54,300, one may hold their long positions with a trailing stop loss
There is no signal to short Nifty Bank; aggressive traders can sell Nifty Bank with a strict stop loss at 54,000 if it breaks below 53,700
Anil Singhvi Market Strategy September 25 | Stocks in F&O ban
New in ban: IEX, Hindustan Copper
Out of ban: Biocon, GNFC, OFSS, NALCO, SAIL, LIC Housing Finance, Aarti Industries, Chambal Fertilisers and PNB
Already in ban: AB Fashion, Vodafone Idea, Granules India
Anil Singhvi Stock of the Day | Vedanta
The market wizard suggests buying Vedanta futures with a stop loss at Rs 464 for targets of Rs 474, Rs 480 and Rs 488.
There is a strong bounceback in metals globally and Vedanta appears to be the best stock to play the commodities revival theme on Dalal Street, according to him.
Anil Singhvi Stock of the Day | MCX
The market guru suggests buying MCX futures with a stop loss at Rs 5,850 for targets of Rs 6,000, Rs 6,075 and Rs 6,200.
A revision in F&O transaction charges is positive for the company, according to him.
Singhvi is very bullish on market infrastructure stocks.
Anil Singhvi Stock of the Day | Piramal Pharma
The market wizard suggests buying Piramal Pharma shares in the cash segment with a stop loss at Rs 213 for targets of Rs 221, Rs 225 and Rs 228.