Anil Singhvi Market Strategy November 18: Important levels to track in Nifty50, Nifty Bank today

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects enactment for the header Nifty50 index to look astatine 23,300-23,400 levels and a beardown bargain portion astatine 23,000-23,200 levels on Monday, November 18, erstwhile the marketplace is acceptable to resume trading aft a agelong play owing to the Guru Nanak Jayanti vacation connected November 15. 

For the Nifty Bank, helium expects enactment at 49,750-49,900 levels and a stronger enactment portion astatine 49,425-49,650 levels.

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

• Global: Negative

• FII: Negative

• DII: Positive

• F&O: Neutral

• Sentiment: Negative

• Trend: Negative

• FII agelong positions astatine 23 per cent vs 22 per cent earlier the past session

• Nifty put-call ratio (PCR) astatine 0.88 vs 0.70

• Nifty Bank PCR astatine 0.95 vs 1.12

• Volatility scale India VIX down 4 per cent astatine 14.78

The marketplace wizard sees a higher portion for the header scale at 23,575-23,675 levels and a beardown merchantability portion astatine 23,750-23,875 levels.

For the banking index, helium sees a higher portion astatine 50,575-50,800 levels and a beardown merchantability portion astatine 51,000-51,175 levels.

MARKET STRATEGY

For existing agelong positions:

• Nifty Intraday n Closing SL 23450

• Bank Nifty Intraday n Closing SL 49900

For existing abbreviated positions:

• Nifty Intraday n Closing SL 23700

• Bank Nifty Intraday n Closing SL 50600

For caller positions successful Nifty50:

• Best scope to Sell Nifty is 23675-23775:
  SL 23900 Tgt 23625, 23550, 23500, 23400, 23350, 23300

• Aggressive Traders Buy Nifty successful 23100-23300 range:
  Strict SL 22900 Tgt 23475, 23500, 23550, 23600, 23675, 23750

For caller positions successful Nifty Bank:

• Aggressive Traders Sell Bank Nifty successful 50800-51000 range:
  Strict SL 51200 Tgt 50575, 50375, 50200, 50100, 50000, 49950, 49750

• Aggressive Traders Buy Bank Nifty successful 49650-49750 range:
  Strict SL 49500 Tgt 49900, 50000, 50075, 50175, 50375, 50550

Stocks successful F&O ban​

• Out Of Ban: Aarti Ind
• Already In Ban: GNFC, Hind Copper, AB Fashion, Granules
• New In Ban: Nil

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