Anil Singhvi Market Strategy January 24: Important levels to track in Nifty50, Nifty Bank today

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects enactment to look at 23,075-23,150 levels and a beardown bargain portion astatine 22,975-23,050 levels for the header Nifty50 scale connected Friday, January 24. For the Nifty Bank, helium expects enactment astatine 48,075-48,300 levels and a beardown bargain portion astatine 47,800-48,000 levels. 

Here's however the marketplace guru sums up the commercialized setup this morning: 

• Global: Positive

• FII: Negative

• DII: Positive

• F&O: Neutral

• Sentiment: Neutral

• Trend: Negative

• FII agelong positions astatine 19 per cent vs 18 per cent earlier the erstwhile session

• Nifty put-call ratio (PCR) astatine 0.95 vs 0.88

• Nifty Bank PCR unchanged astatine 0.57

• Volatility scale INDIA VIX down 0.5 per cent astatine 16.70

The marketplace wizard sees a higher portion at 23,300-23,400 levels and a profit-booking portion astatine 23,425-23,525 levels for the header index.  

For the banking index, helium sees a higher portion at 48,875-49,075 levels and a beardown merchantability portion astatine 49,225-49,450 levels.  

ANIL SINGHVI MARKET STRATEGY

For existing agelong positions:

• Nifty Intraday n Closing SL 22975
• Bank Nifty Intraday SL 48200 n Closing SL 48000

For existing abbreviated positions:

• Nifty Intraday SL 23425 n Closing SL 23350
• Bank Nifty Intraday SL 49000 n Closing SL 49350

For caller positions successful Nifty50:

• Best scope to Buy Nifty is 23050-23150:
  SL 22950 Tgt 23200, 23265, 23300, 23350, 23400, 23425

• Aggressive Traders Sell Nifty successful 23300-23425 range:
  Strict SL 23525 Tgt 23265, 23200, 23150, 23100, 23050, 23025

For caller positions successful Nifty Bank:

• Aggressive Traders Buy Bank Nifty successful 48075-48250 range:
  Strict SL 47800 Tgt 48425, 48500, 48575, 48650, 48750, 48875, 49000

• Aggressive Traders Sell Bank Nifty successful 49000-49250 range:
  Strict SL 49500 Tgt 48775, 48675, 48575, 48500, 48425, 48300

Stocks successful F&O ban ​

• Out Of Ban: RBL Bk
• Already In Ban: IndiaMart, PNB, Dixon Tech, Mahanagar Gas, Can Fin Homes, AB Fashion, Manappuram, L&T Fin, Bandhan Bk
• New In Ban: Nil

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