LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Anil Singhvi’s Strategy May 31: Trend & Sentiments are Positive; Buy Coal India Futures with Stop Loss 251

The small and medium day range for trading on Nifty lies between the mark of 11,900-12,000 and 11,850-12,000 respectively. Above 12,050 Nifty can go up to 12,200-12,300. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Anil Singhvi’s Strategy May 31: Trend & Sentiments are Positive; Buy Coal India Futures with Stop Loss 251
The small and medium day range for trading on Bank Nifty lies between the mark of 31,500-31,650 and 31,300-31,725 respectively. Above 31,725 Bank Nifty can go up to 31,900-32,000. Image source: Zee Business
Written By: ZeeBiz WebTeam
Updated: Fri, May 31, 2019
08:39 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Stocks to buy with Anil Singhvi: Sandeep Jain recommends Gulf Oil Lubricants India today Stocks to buy with Anil Singhvi: Sandeep Jain recommends Gulf Oil Lubricants India today
MTAR Technologies IPO Review: Invest for BIG listing gains and long term view, Market Guru Anil Singhvi says - know about valuations, risks MTAR Technologies IPO Review: Invest for BIG listing gains and long term view, Market Guru Anil Singhvi says - know about valuations, risks
Anil Singhvi’s Strategy March 3: Day support zone on Nifty is 14,800-14,850 & Bank Nifty is 35,000-35,125 Anil Singhvi’s Strategy March 3: Day support zone on Nifty is 14,800-14,850 & Bank Nifty is 35,000-35,125
Stocks to Watch: Symphony, Blue Star, Amber Enterprises shares to gain as IMD forecasts sizzling hot summer Stocks to Watch: Symphony, Blue Star, Amber Enterprises shares to gain as IMD forecasts sizzling hot summer
Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation

Amid positive foreign institutional investors (FII), neutral global market and futures and options (F&O) and negative domestic institutional investors (DIIs) cues, the short-term trend and sentiments of the domestic Indian market will stay positive on Friday, May 31, 2019.

Ahead of Prime Minister Narendra Modi's swearing-in ceremony, the key equity benchmarks ended with modest gains. The Sensex and the Nifty, both, settled at a record high. The Sensex at Bombay Stock Exchange rose 329.92 points or 0.84 per cent to finish at record closing of 39,831.97 while the broader Nifty gained 84.80 points or 0.71 per cent to settle at 11,945.90. Similarly, Bank Nifty moved 241.55 points or 0.77 per cent up to end at 31,537.10. 

On the NSE index, NTPC, Yes Bank, Bajaj Finance, BPCL, Bharti Airtel, TCS and GAIL were among the major gainers of the day. 32 out of 50 stocks witnessed gains on the NSE platform. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for May 31:  
The small and medium day range for trading on Nifty lies between the mark of 11,900-12,000 and 11,850-12,000 respectively. Above 12,050 Nifty can go up to 12,200-12,300. 

The small and medium day range for trading on Bank Nifty lies between the mark of 31,500-31,650 and 31,300-31,725 respectively. Above 31,725 Bank Nifty can go up to 31,900-32,000. 

For Existing Long Positions:
Nifty intraday and closing basis stop loss of 11,850. 
Bank Nifty intraday and closing basis stop loss of 31,250.

For New Positions:
Buy Nifty with a stop loss of 11,850 and target 12,000, 12,050, 12,100. 
Buy Bank Nifty with a stop loss of 31,250 and target 31,650, 31,725.  
Sell Bank Nifty near 31,900-32,000 with a stop loss of 32,050 and target 31,800, 31,850. 

The put-call ratio (PCR) stands at 1.64 and the volatility index (VIX) is 15.61. 

Stock of the Day:
Buy Coal India Futures: Stop loss 251 and target 265, 272, 278. Strong Results, very good guidance, rerating possible, good dividend expected. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Anil SinghviBSE SensexMarkets
RELATED NEWS
Stocks to buy with Anil Singhvi: Sandeep Jain recommends Gulf Oil Lubricants India today Stocks to buy with Anil Singhvi: Sandeep Jain recommends Gulf Oil Lubricants India today
MTAR Technologies IPO Review: Invest for BIG listing gains and long term view, Market Guru Anil Singhvi says - know about valuations, risks MTAR Technologies IPO Review: Invest for BIG listing gains and long term view, Market Guru Anil Singhvi says - know about valuations, risks
Anil Singhvi’s Strategy March 3: Day support zone on Nifty is 14,800-14,850 & Bank Nifty is 35,000-35,125 Anil Singhvi’s Strategy March 3: Day support zone on Nifty is 14,800-14,850 & Bank Nifty is 35,000-35,125
Stocks to Watch: Symphony, Blue Star, Amber Enterprises shares to gain as IMD forecasts sizzling hot summer Stocks to Watch: Symphony, Blue Star, Amber Enterprises shares to gain as IMD forecasts sizzling hot summer
Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation

LATEST NEWS

SBI Yono Alert: State Bank of India launches 2nd edition of Super Saving Day

MTAR Technologies IPO opens today: Issue Details highlighted by Axis Securities

PAN Aadhaar Link: Last date is fast approaching! Failing to do this may lead to Rs 10,000 penalty

MTAR Technologies IPO Review: Invest for BIG listing gains and long term view, Market Guru Anil Singhvi says - know about valuations, risks

Hurun Global Rich List 2021: These Indians are in billionaires' club - Check names, rankings

NEET 2021 exam date latest news: Candidates check this big update

Stocks in Focus on March 3: MTAR Technologies IPO, Tata Power, IRCON, Telecom Stocks to Tyre Stocks; here are the 5 Newsmakers of the Day

Yes Bank Share price I Anand Rathi maintains Sell rating with price target of Rs 14

Gujarat Elections Final Results Till Now: PM Narendra Modi bows to people of Gujarat for faith, affection towards BJP

Samsung Galaxy A32 launched in India with 64MP quad camera and 5000mAh battery; Check Price, Bank Offers and Specs now!

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved