Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects enactment to look at 23,150-23,275 levels and a stronger enactment portion astatine 22,975-23,100 levels for the header Nifty50 scale connected Monday, February 3. For the Nifty Bank, helium expects enactment astatine 48,850-49,025 levels and a beardown enactment portion astatine 48,450-48,650 levels.
Here's however the marketplace guru sums up the commercialized setup this morning:
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Global: Negative
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FII: Negative
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DII: Positive
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F&O: Neutral
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Sentiment: Cautious
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Trend: Negative
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FIIs Long presumption unchanged astatine 12%
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Nifty PCR astatine 0.87 Vs 1.01
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Bank Nifty PCR astatine 0.79 Vs 0.85
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INDIA VIX down by 13% astatine 14.10
The marketplace wizard sees a higher portion for the header scale astatine 23,475-23,625 levels.
For the banking index, helium sees a higher portion at 49,500-49,675 levels and a beardown merchantability portion astatine 49,750-49,950 levels.