Positive domestic institutional investors (DIIs), neutral global market, futures and options (F&O), negative foreign institutional investors (FII) and cautious sentiments suggest that the short-term trend of the Indian market will remain negative on Monday, February 18, 2019. 

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Earlier on Friday, February 15, 2019, the key indices at the Stock markets, Sensex and Nifty, closed in a red after witnessing a marginal fall from the previous day. On that day, the BSE Sensex declined 67.25 points (0.19%) to end at 35,808.95. The Nifty 50 closed at 10,724.40 after witnessing a fall of 21.65 points (0.20%) while the Nifty Bank tumbled 176.35 points (0.65%) to settle at 26,794.25. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for February 18: 
10,700 and 26,800 are the deciding levels on Nifty and Bank Nifty. 

The small and medium trading ranges on Nifty lies between 10,700-10,775 and 10,650-10,800 while the extreme range stands at 10,600-10,850. 

In the case of Bank Nifty, the small range stands at 26,650-26,900 while the medium and extreme ranges lie between 26,550-27,000 and 26,450-27,150. 

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For Existing Long Positions:
Stop loss already triggered in Nifty and Bank Nifty. 

For Existing short positions:
Nifty stop loss 10,800 and target 10,700, 10,650, 10,625. 
Bank Nifty stop loss 27,050 and target 26,650, 26,550. 

For New Positions:
Sell Nifty in 10,775-10,800 range with a stop loss of 10,850 and target 10,725, 10,700. 
Buy Nifty in 10,600-10,625 range with a stop loss of 10,525 and target 10,700, 10,725. 
Sell Bank Nifty in 26,900-27,050 range with a stop loss of 27,150 and target 26,800, 26,650. 
Buy Bank Nifty near 26, 500 with a stop loss of 26,450 and target 26,650, 26,800. 

The put-call ratio (PCR) stands at 1.30 and the volatility index (VIX) is 16.46. 

Sectors:
Positive: Pharma, Metals
Negative: Aviation, Oil & Gas

Enters F&O Ban: Nil
Out of Ban: IDBI
6 Already in Ban: Jet Airways, Reliance Power, Adani Enterprises, Jain Irrigation, CG Power, PC Jewellers.

Stock of the Day: Buy Dr. Reddy’s Futures: Stop loss 2550 and target 2640, 2680, 2700. Dwada unit gets a clean chit from USFDA. 

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Aaj Ka Hero: Buy Reliance Capital Futures: Stop loss 146 and target 152, 155, 160. ADAG group gets relief from lenders. Trapped traders should exit at higher levels.