Neutral global market, foreign institutional investors (FII), futures & options (F&O) and domestic institutional investors (DIIs) and cautious sentiments cues suggest that the short-term trend of the Indian stock market will continue to be neutral on Tuesday, March 26, 2019. 

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Earlier on Monday, March 25, 2019, the key benchmark indices closed with sharp losses. The BSE Sensex declined 355.70 points (0.93%) to 37,808.91. The Nifty 50 also fell 102.65 points (0.90%) to settle at 11,354.25 while Nifty Bank fell 301.30 points (1.02%) to close at 29,281.20

See Anil Singhvi tweet below:

Zee Business's Managing Editor Anil Singhvi's Market Strategy for March 26:
The small and medium day range for trading on Nifty lies between 11,300-11,400 and 11,250-11,450. 
The small and medium day range on Bank Nifty lies between 29,150-29,500 and 29,100-29,600 while the bigger range stands at 29,050-29,750. 
Neat strong Support Zone on the two indices, Nifty and Bank Nifty, lies between 11,300-11,350 and 29,100-29,150 respectively. 
Neat strong Sell Zone on Nifty and Bank Nifty lies between 11,450-11,500 and 29,600-29,750.

For Existing Long Positions:
Nifty Intraday stop loss 11,300 and Closing stop loss 11,340. 
Bank Nifty Intraday stop loss 29,150 and Closing stop loss 29,000. 

For Existing short positions:
Nifty Intraday stop loss 11,400 and Closing stop loss 11,450.
Bank Nifty Intraday stop loss 29,500 and Closing stop loss 29,600.

For New Positions:
Buy Nifty with a stop loss of 11,300 and target 11,400, 11,425, 11,450. 
Sell Nifty in 11,425-11,475 range with a stop loss of 11,500 and target 11,400, 11,350. 

Buy Bank Nifty with a stop loss of 29,150 and target 29,350, 29,500, 29,600. 
Sell Bank Nifty near 29,600 with a stop loss of 29,750 and target 29,500, 29,400. 

The put-call ratio (PCR) stands at 1.46 and the volatility index (VIX) is 16.67.

Enters F&O Ban: Nil
Exit Ban: Jet Airways
5 Already in Ban: IDBI, Adani Enterprises, Reliance Power, Adani Power, PNB

Stock of the Day:
Buy Jet Futures: Stop loss 233 and target 250, 258. Huge short covering expected. 
Short Indigo Futures: Stop loss 1395 and target 1370, 1355, 1330. The revival of Jet is bad for other airlines. 

Aaj Ka Hero:
Sell ICICI Prudential Futures: Stop loss 325 and target 310, 305. Promoters to sell 3.5% stake via OFS