Anil Singhvi Market Strategy October 21: 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 24,700-24,800 levels and a beardown bargain portion at 24,575-24,650 levels connected Monday, October 21. 

For the Nifty Bank, helium expects enactment at 51,700-51,900 levels and a stronger enactment portion astatine 51,475-51,575 levels.

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: Neutral

• FIIs Long presumption astatine 34% Vs 33%

• Nifty PCR astatine 0.93 Vs 0.88

• Bank Nifty PCR astatine 1.20 Vs 0.73

• INDIA VIX down by 2.5% astatine 13.04

The marketplace wizard sees a higher portion for the header scale at 24,900-24,975 levels and a beardown merchantability portion astatine 25,000-25,125 levels. 

For the banking index, helium sees a higher portion astatine 52,275-52,425 levels and a profit-booking portion astatine 52,500-52,675 levels. 

MARKET STRATEGY 

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