Anil Singhvi market strategy: The Manager of Sea Business, Anil Singhvi, expects support for the NIFTY50 title index at 23,900-24,000 levels and a strong purchase zone at 23,775-23,875 levels on Tuesday, April 22. For the Nifty Bank, Singhv5-4,75 54,100-54,300 levels. Keep reading to know the opinions of the market assistant for the day.
How the Guru of the Anil Singhvi market summarizes the commercial configuration this morning:
-
Global: negative
-
Fii: positive
-
DII: neutral
-
F&P: neutral
-
Feeling: positive
-
Trend: positive
-
Fii Long positions to 32 percent compared to 30 % before Monday’s session
-
Nifty Put-Call Ratio (PCR) at 1.15 vs 1.17
-
Nifty Bank PCR at 1.17 vs 1.16
-
VIX Indian Volatility Index without changes at 15.52
The market assistant sees a higher area at 24,200-24,335 levels and a profit reserve area with 24,400-24,500 levels for the main index. For the bank index, it sees a higher area at 55,450-55,575, and hopes that one beyond the 55,600 mark with the following objective only about 56,000.
Anil Singhvi market strategy | How to negotiate Nifty Bank and Nifty50?
For existing long positions:
- NIFTY INTRADAY STOP Loss at 240.00 and a loss of closing stop at 23,850
- Nifty Bank intraday stop loss at 55000 and a loss of closing stop at 54,375
For existing short positions:
- NIFTY INTRADAY AND CLOSING OF THE LOSS OF 24,225
- NIFTY BANK INTRADAY AND STOP LOSD CLOSURE A 55,600
For new positions in nifty50:
-
The best range to buy NIFTY is 23,850-24000 with a loss of stop at 23,775 TGT 24065, 24125, 24175, 24225, 24275, 24300
-
Aggressive merchants can buy NIFTY with a loss of strict stop at 23950 TGT 24175, 24225, 24300, 24335, 24365, 24400
-
Aggressive merchants sell nifty in 24300-24435 Range: Strict SL 24550 TGT 24200, 24125, 24075, 24000, 23900, 23850
For new positions at Nifty Bank:
-
The best range to buy Nifty Bank is 54400-54675: SL 54250 TGT 54900, 55000, 55275, 55450
-
Aggressive merchants buy Bank Nifty: Strict SL 54900 TGT 55450, 55550, above 55600 in Blue Sky Zone. Next objective about 56000
-
The short call in Bank Nifty will be activated only if it breaks 54250
F& O BAN UPDATE
-
New in the prohibition: Tata Elxsi
-
Out of the prohibition: Nalco
-
It is already in the prohibition: Angel One, Hindustan Copper, IREDA, Manpppuram Finance
Actions of Anil Singhvi actions of the day ‘: Sail, JSPL, JSW Steel
Buy 360 a wam:
SL 945 TGT 975, 985, 1000
The company is dedicated to an exclusive strategic collaboration with UBS on heritage management in India and international markets
Focus banking sector:
New positive CSF patterns for banks
Another impulse to liquidness
It will benefit more from PSU banks and large private banks
Steel Stocks in focus:
The Government imposed 12% taxes on selective steel import
The industry demanded it for a long time
It is positive but not a great relief
Positive for Sail, JSPL, JSW Steel
The shares will open with GAP-UP, but do not pursue, the expected earnings reserve at higher levels
Catch the key stock updates here. For all other news, visit Zeebiz.com.
