Even though Indian indices closed in the red by 0.12 per cent on Thursday, the BSE Sensex regained the psychologically feelgood 36,000 levels in pre opening on Friday. However, Indian investors are still cautious amid the India-Pakistan border tensions. Notably, the March series will start today and Zee Business Managing Editor Anil Singhvi has unveiled his market strategy in this market scenario: 

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Global: Neutral

FII: Positive

DII: Neutral

F&O: Neutral

‪Sentiment: Cautious

Trend: Neutral

The crucial levels for Nifty will be 10800, while for BankNifty it will be 26800 

Nifty 10750-10875 for a small trade range, 10725-10900 for a medium range, while 10700-10925 for extreme range

BankNifty 26725-26925 for a small trade range, 26600-27000 for medium range, while 26500-27150 for extreme range.

For Existing Long Positions:

Nifty Intraday SL 10725 Tgt 10850, 10875

Nifty Closing SL 10775 Tgt 10875, 10925

BankNifty Intraday SL 26700 Tgt 26900, 27000

BankNifty Closing SL 26750 Tgt 27000, 27050, 27150

For Existing short positions:

Nifty SL 10900 Tgt 10750, 10725

BankNifty SL 27000 Tgt 26700, 26650

For New Positions:

Buy Nifty in 10725-10750 range:

SL 10700 Tgt 10800, 10850

Sell Nifty in 10875-10925 range:

SL 10975 Tgt 10825, 10800, 10750

Buy BankNifty in 26700-26750 range:

SL 26600 TGT 26900, 27000

Sell BankNifty in 27000-27100 range:

SL 27200 TGT 26900,26800

Sectors:

Negative: Sell on rise IT, Oil Companies, Aviation

 In F&O Ban: Nil

Out of Ban: Rel Power, Adani Ent, Adani Power

Stock of the Day:

Sell Indigo Cash:

SL 1135 Tgt 1100, 1080, 1070

ATF prices increased by 8%

Aaj Ka Hero:

Sell Bharti Airtel Cash:

SL 335 Tgt 300, 295

Huge right issue, No improvement in earnings