Anil Singhvi strategy for February 13: Key market triggers, important levels to track in Nifty50, Nifty Bank
Zee Business Managing Editor Anil Singhvi shares his strategy for the February 13 session on Dalal Street. Check out his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 benchmark at 17,750-17,800 levels on Monday, February 13, and a strong buy zone in the 17,650-17,725 band. For the Nifty Bank — whose 12 constituents include SBI, HDFC Bank, Bank of Baroda, Kotak Mahindra Bank, Axis Bank and ICICI Bank, he sees support coming in at 41,275-41,425, and a strong buy zone in the 41,000-41,100 area.
Here's how Anil Singhvi sums up the market setup on February 13:
- Global: Neutral
- FII: Neutral
- DII: Neutral
- F&O: Neutral
- Sentiment: Neutral
- Trend: Neutral
For the 50-scrip headline index, Anil Singhvi expects a higher zone at 17,875-17,925 levels and a strong sell zone at 17,975-18,025 levels. For the banking index, he sees a higher zone at 41,675-41,800 levels and a strong sell area in the 41,950-42,075 band.
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