Anil Singhvi strategy March 17: Key share market triggers, important levels to watch in Nifty50, Nifty Bank
Zee Business Managing Editor Anil Singhvi shares his strategy for the March 17 session. 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 16,925-17,000 levels on Friday, March 17. He sees a strong buy zone coming in at 16,750-16,850 levels. For the Nifty Bank — whose 12 constituents include HDFC Bank, SBI, Bank of Baroda and Axis Bank, he sees support emerging at 38,950-39,050 levels, and a strong buy zone in the 38,450-38,625 area.
Here's how Anil Singhvi sums up the market setup on March 17:
- Global: Positive
- FII: Negative
- DII: Positive
- F&O: Neutral
- Sentiment: Neutral
- Trend: Negative
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