Anil Singhvi Market Strategy October 1: 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 at 25,475-25,625 levels connected Tuesday, October 1.

For the Nifty Bank, helium expects enactment to travel successful at 52,425-52,575 levels and a beardown bargain portion astatine 52,075-52,275. 

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: Positive

• FII agelong positions unchanged astatine 81 per cent arsenic the erstwhile day

• Nifty put-call ratio (PCR) astatine 0.84 vs 1.16

• Nifty Bank PCR astatine 0.62 vs 0.74

• Volatility scale India VIX up 7 per cent astatine 12.79

The marketplace wizard sees a higher portion for the header scale at 25,875-25,940 levels and a profit-booking portion astatine 26,000-26,025 levels. 

For the banking index, helium expects a higher portion astatine 53,100-53,350 and a beardown portion astatine 53,750-53,900 levels. 

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MARKET STRATEGY 

For existing agelong positions:

• Nifty Intraday n Closing SL 25750

• Bank Nifty Intraday n Closing SL 52700

For existing abbreviated positions:

• Nifty Intraday n Closing SL 26050
• Bank Nifty Intraday n Closing SL 53400

For caller positions successful Nifty50:

• Aggressive Traders Sell Nifty successful 25940-26025 range:
  Strict SL 26075 Tgt 25875, 25850, 25800, 25775, 25625; Best scope to Buy Nifty is 25475-25625: SL 25400 Tgt 25775, 25800, 25850, 25875, 25940

• Aggressive Traders Buy Nifty Strict SL 25750 Tgt 25850, 25875, 25940, 26000, 26025, 26150

For caller positions successful Nifty Bank: 

• Best scope to Sell Bank Nifty is 53750-53900:
  SL 54050 Tgt 53500, 53350, 53175, 53100, 53025

• Aggressive Traders Sell Bank Nifty adjacent 53350:
  Strict SL 53400 Tgt 53175, 53100, 53000, 52925, 52850, 52750

• Aggressive Traders Buy Bank Nifty successful 52425-52575 range:
  Strict SL 52350 Tgt 52750, 52850, 52925, 52975, 53100, 53350