Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects enactment to look at 22,900-23,000 levels and a stronger enactment portion astatine 22,750-22,800 levels for the header Nifty50 scale connected Monday, January 26. For the Nifty Bank, helium expects enactment astatine 47,800-48,075 levels and a stronger enactment portion astatine 47,550-47,700 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: Negative
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Trend: Negative
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FII agelong positions astatine 20 per cent vs 19 per cent earlier the erstwhile session
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Nifty put-call ratio (PCR) astatine 0.84 vs 0.95
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Nifty Bank PCR astatine 0.56 vs 0.57
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Volatility scale India VIX unchanged astatine 16.75
The marketplace wizard sees a higher portion at 23,100-23,200 levels and a beardown merchantability portion astatine 23,265-23,350 levels for the header index.
For the banking index, helium sees a higher portion at 48,575-48,750 levels and a beardown merchantability portion astatine 48,850-49,000 levels.
ANIL SINGHVI MARKET STRATEGY
For existing agelong positions:
- Nifty Intraday n Closing SL 22950
- Bank Nifty Intraday n Closing SL 48000
For existing abbreviated positions:
- Nifty Intraday n Closing SL 23350
- Bank Nifty Intraday SL 48600 n Closing SL 48900
For caller positions successful Nifty50:
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Best scope to Buy Nifty is 22800-23000:
SL 22700 Tgt 23100, 23150, 23200, 23265, 23300, 23350 -
Best scope to Sell Nifty is 23200-23350:
SL 23425 Tgt 23150, 23100, 23050, 22975, 22900, 22800
For caller positions successful Nifty Bank:
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Aggressive Traders Buy Bank Nifty successful 47800-48075 range:
Strict SL 47600 Tgt 48200, 48300, 48375, 48500, 48575, 48750, 48850 -
Aggressive Traders Sell Bank Nifty successful 48750-48900 range:
Strict SL 49100 Tgt 48575, 48500, 48375, 48300, 48200, 48075
Stocks successful F&O ban
- Already In Ban: IndiaMart, PNB, Dixon Tech, Mahanagar Gas, Can Fin Homes, AB Fashion, Manappuram, L&T Fin, Bandhan Bk
- New In Ban: Nil
- Out Of Ban: Nil
RESULTS REVIEWS
ICICI Bank Futures:
Stable show arsenic per expectation
Best results successful banking sector
Strong plus quality
Support Level 1180, Higher Level 1220
Buy Bank Of India Futures:
SL 97 Tgt 100, 102, 104
Strong results, amended plus quality
Sell IDFC First Bank Futures:
SL 66 Tgt 60, 58, 57
Results beneath estimates, different anemic quarter
Yes Bank Futures:
Results not impressive
Weak plus quality
Support Levels 17.50 & 17.75, Higher Level 18.65
Buy Torrent Pharma Futures:
SL 3210 Tgt 3300, 3335, 3355
India concern unchangeable and positive
Strong Margin outlook
Sell CDSL Futures:
SL 1530 Tgt 1470, 1455, 1405
Very anemic show successful beardown environment
Don’t leap to bargain astatine little levels
Buy Indigo Futures:
SL 4125 Tgt 4225, 4270, 4350
Strong operational performance
Fleet enlargement is large positive
DLF Futures:
Operationally beardown results arsenic per expectations
Support Levels 681, 671 & 663, Higher Levels 704, 712 & 720
Lodha Futures:
Strong results arsenic per expectations
Support Levels 1080 & 1065, Higher Levels 1110, 1120 & 1140
Buy JK Cement Futures:
SL 4665 Tgt 4880, 4950, 5000
Strong operational performance