Anil Singhvi Market Strategy January 31: Important levels to track in Nifty50, Nifty Bank today

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects enactment to look at 23,050-23,175 levels and a beardown bargain portion astatine 22,850-23,000 levels for the header Nifty50 scale connected Friday, January 31. For the Nifty Bank, helium expects enactment astatine 48,850-49,050 levels and a beardown bargain portion astatine 48,200-48,450 levels. Meanwhile, Parliament's Budget Session is each acceptable to statesman connected the aforesaid day, with a associated sitting of some houses, wherever the Finance Minister is acceptable to array the Economic Survey for FY25. 

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

• Global: Positive

• FII: Negative

• DII: Positive

• F&O: Positive

• Sentiment: Neutral

• Trend: Negative

• FII agelong positions astatine 11 per cent vs 25 per cent the erstwhile day

• Nifty put-call ratio (PCR) astatine 0.97 vs 1.06

• Nifty Bank PCR astatine 0.93 vs 0.79

• Volatility scale India VIX down 6.5 per cent astatine 17.39

The marketplace wizard sees a higher portion at 23,300-23,425 levels and a beardown merchantability portion astatine 23,500-23,625 levels for the headline index.  

For the banking index, helium sees a higher portion at 49,550-49,750 levels and a beardown merchantability portion astatine 49,825-50,075 levels.  

ANIL SINGHVI MARKET STRATEGY

For existing agelong positions:

• Nifty Intraday SL 23125 n Closing SL 22950

• Bank Nifty Intraday SL 49000 n Closing SL 48850

For existing abbreviated positions:

• Nifty Intraday n Closing SL 23350
• Bank Nifty Intraday n Closing SL 49550

For caller positions successful Nifty50:

• Best scope to Buy Nifty is 23050-23175:
  SL 22950 Tgt 23250, 23300, 23350, 23400, 23425, 23500

• Aggressive Traders Sell Nifty successful 23350-23425 range:
  Strict SL 23525 Tgt 23300, 23250, 23200, 23150, 23100, 23050

For caller positions successful Nifty Bank:

• Best scope to Buy Bank Nifty is 48850-49050:
  SL 48750 Tgt 49175, 49250, 49300, 49425, 49550, 49650

• Aggressive Traders Buy Bank Nifty:
  Strict SL 48950 Tgt 49425, 49550, 49650, 49750, 49825, 49950

• Aggressive Traders Sell Bank Nifty successful 49650-49825 range:
  Strict SL 50000 Tgt 49550, 49425, 49325, 49250, 49175, 49050

No banal successful F&O ban ​​

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