Anil Singhvi's Market Strategy May 31: Private Banks and Metals set to be positive
Stock markets closed slightly lower on Wednesday but amid positive global, Domestic Institutional Investors (DIIs) sentiments as well as neutral Futures and Options (F&O) and foreign institutional investors (FII) cues, it seems that the short term trend of the market will remain positive today.
Anil Singhvi suggests that the traders should reduce their long/buying positions on Nifty and BankNifty if it closes below the mark of 10,600 and 26,250 respectively. Image source: Youtube