Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects a beardown bargain portion for the header Nifty50 scale astatine 23,900-24,075 levels on Monday, November 25. For the Nifty Bank, helium expects a beardown bargain portion astatine 51,150-51,350 levels.
Here's however the marketplace guru sums up the commercialized setup this morning:
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Global: Positive
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FII: Positive
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DII: Positive
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F&O: Neutral
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Sentiment: Positive
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Trend: Neutral
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FII agelong positions astatine 31 per cent vs 25 per cent earlier Friday's session
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Nifty put-call ratio (PCR) astatine 1.19 vs 0.94
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Nifty Bank PCR astatine 1.15 vs 0.91
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Volatility scale India VIX up 1 per cent astatine 16.09
The marketplace wizard sees a higher portion for the header scale at 24,250-24,350 levels and a profit-booking portion astatine 24,400-24,525 levels.
For the banking index, helium sees a higher portion astatine 51,825-52,000 levels and a profit-booking portion astatine 52,100-52,325 levels.
ANIL SINGHVI MARKET STRATEGY
For existing agelong positions:
- Nifty Intraday n Closing SL 23950
- Bank Nifty Intraday n Closing SL 51250
For existing abbreviated positions:
- Nifty Intraday n Closing SL 24075
- Bank Nifty Intraday n Closing SL 51500
For caller positions successful Nifty50:
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Buy Nifty:
SL 24000 Tgt 24250, 24300, 24350, 24400, 24435, 24465, 24500 -
Aggressive Traders Sell Nifty successful 24400-24500 range:
Strict SL 24550 Tgt 24350, 24300, 24250, 24200, 24175, 24075
If crosses and closes supra 24550 chopped each shorts and make caller agelong positions
For caller positions successful Nifty Bank:
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Buy Bank Nifty:
SL 51125 Tgt 51675, 51800, 51875, 52000, 52100, 52175, 52325, 52500 -
Aggressive Traders Sell Bank Nifty successful 52175-52325 range:
Strict SL 52500 Tgt 52000, 51925, 51875, 51800, 51675, 51575
Stocks successful F&O ban:
- Out Of Ban: AB Fashion
- Already In Ban: NALCO, Adani Ent, IGL, GNFC, Aarti Ind, Hind Copper, Granules
- New In Ban: Nil
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