Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects enactment to look at 23,200-23,275 levels and a beardown bargain portion astatine 23,100-23,175 levels for the header Nifty50 scale connected Tuesday, January 21. For the Nifty Bank, helium expects enactment astatine 49,000-49,075 levels and a beardown bargain portion astatine 48,550-48,750 levels.
Here's however the marketplace guru sums up the commercialized setup this morning:
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Global: Neutral
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FII: Negative
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DII: Positive
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F&O: Neutral
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Sentiment: Positive
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Trend: Negative
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FII agelong presumption astatine 17 per cent vs 16 per cent earlier the erstwhile session
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Nifty put-call ratio (PCR) astatine 1.03 vs 0.91
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Nifty Bank PCR astatine 0.65 vs 0.55
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Volatility scale India VIX up 4 per cent astatine 16.42
The marketplace wizard sees a higher portion at 23,400-23,500 levels and a beardown merchantability portion astatine 23,525-23,675 levels for the header index.
For the banking index, helium sees a higher portion at 49,650-49,825 levels and a beardown merchantability portion astatine 49,950-50,200 levels.
ANIL SINGHVI MARKET STRATEGY
For existing agelong positions:
- Nifty intraday and closing halt nonaccomplishment astatine 23,150
- Nifty Bank intraday and closing halt nonaccomplishment astatine 48,950
For existing abbreviated positions:
- Nifty intraday and closing halt nonaccomplishment astatine 23,425
- Nifty Bank intraday and closing halt nonaccomplishment astatine 49,750
For caller positions successful Nifty50:
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The champion scope to bargain Nifty is 23,175-23,300 with a stop nonaccomplishment astatine 23,100 for targets of 23,350, 23,390, 23,425, 23,500, 23,575 and 23,600
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Aggressive traders tin merchantability Nifty successful the 23,500-23,600 scope with a strict halt nonaccomplishment astatine 23,700 for targets of 23,425, 23,400, 23,350, 23,275, 23,200 and 23,175
For caller positions successful Nifty Bank:
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The champion scope to bargain Nifty Bank is 48,550-48,750 with a halt nonaccomplishment astatine 48,450 for targets of 49,000, 49,075, 49,250, 49,350, 49,450 and 49,500
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Aggressive traders tin bargain Nifty Bank with a strict halt nonaccomplishment astatine 48,950 for targets of 49,500, 49,650, 49,750, 49,825, 49,950 and 50,200
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Aggressive traders tin merchantability Nifty Bank successful the 49,750-49,950 scope with a strict halt nonaccomplishment astatine 50,100 for targets of 49,650, 49,500, 49,350, 49,275, 49,075 and 49,000
Stocks successful F&O ban
- Out of ban: Hindustan Copper, Aarti Industries
- Already successful ban: Can Fin Homes, AB Fashion, Manappuram, Kalyan Jewellers, Angel One, L&T Finance, Bandhan Bank, RBL Bank
- New successful ban: None
Results Reviews
Dixon Tech
- Results amended than expectations
- Strong momentum successful capex
- Good lawsuit summation but banal has already risen 10 per cent successful 5 days
- Profit booking whitethorn travel astatine higher levels
- Futures person enactment astatine Rs 17,200 and an expected higher level astatine Rs 17,900
L&T Finance
- Numbers anemic connected each parameters
- The banal whitethorn unfastened anemic and past retrieve from little levels
- Futures person enactment astatine Rs 133 and an expected higher level astatine Rs 148
Stock of the Day
Sell Zomato futures for targets of Rs 237, Rs 233 and Rs 230 with a halt nonaccomplishment astatine Rs 246
- Results weak
- The marketplace is not blessed with the currency pain successful Blinkit