Anil Singhvi Market Strategy (Nov 14): How to trade Nifty 50, Nifty Bank on Bihar election results day

Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,700-25,800 levels and a strong buy zone at 25,575-25,675 levels on Friday, November 14. He sees support for the Nifty Bank emerging at 57,825-58,000 levels and a strong buy zone at 57,525-57,725 levels.

How market guru Anil Singhvi sums up the trade setup:

• Global: Negative
• FII: Neutral
• DII: Positive
• F&O: Neutral
• Sentiment: Cautious
• Trend: Positive
• FII long positions unchanged at 12 per cent as before Thursday’s session
• Nifty put-call ratio (PCR) at 1.10 vs 1.23
• Nifty Bank PCR at 0.98 vs 0.97
• Volatility index India VIX up 0.5 per cent at 12.16

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For the 50-scrip index, the market wizard expects a higher zone at 25,875-25,950 levels and a sell zone at 26,000-26,100 levels.

For the Nifty Bank, he expects a higher zone at 58,475-58,600 levels and a "blue-sky zone" once it crosses the 58,650 mark.​

What to do before and after the Bihar election results?

According to the market guru, Dalal Street is expecting a full-majority NDA government in the Bihar Assembly elections, with the counting of votes underway in the 2025 Bihar polls.

If the NDA wins around 140-150 seats in the 243-constituency Assembly, the market reaction may be neutral to slightly positive, but a tight contest or an NDA defeat could trigger a sharp correction, according to Singhvi.

Catch latest updates on Bihar election results here

ANIL SINGHVI MARKET STRATEGY | How to trade Nifty Bank and Nifty50?

For existing long positions:

• Nifty intraday and closing stop loss at 25,775
• Nifty Bank intraday and closing stop loss at 57,950

For existing short positions:

• Nifty intraday and closing stop loss at 26,050
• Nifty Bank intraday stop loss at 58,650 and closing stop loss at 58,500

For new positions in Nifty50:

• Aggressive traders can sell Nifty with a strict stop loss at 26,050 for targets of 25,800, 25,775, 25,725, 25,700, 25,670 and 25,600
• Aggressive traders can buy Nifty in the 25,650-25,800 range with a strict stop loss at 25,500 for targets of 25,875, 25,925, 25,950, 26,000, 26,050 and 26,100

For new positions in Nifty Bank:

• Aggressive traders sell Nifty Bank with a strict stop loss at 58,650 for targets of 58,250, 58,125, 58,000, 57,850, 57,775 and 57,650
• Aggressive traders can buy Nifty Bank in the 57,825-58,000 range with a strict stop loss at 57,600 for targets of 58,125, 58,250, 58,325, 58,375, 58,500 and 58,575; the index is set to be in a blue-sky zone above 58,650

Stock in F&O ban

• New in ban: None
• Already in ban: SAIL
• Out of ban: None