Anil Singhvi strategy March 29: Key market triggers, important levels to track in Nifty50, Nifty Bank today
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi shares his strategy for the March 29 session, a day ahead of the Ram Navami holiday in the Indian share market. Check out his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 benchmark at 16,850-16,925 levels on Wednesday, March 29, a day ahead of the Ram Navami holiday in the Indian share market. He sees a strong buy zone emerging at 16,750-16,825 levels.
For the Nifty Bank — whose 12 constituents include HDFC Bank, SBI, Bank of Baroda and Axis Bank, he sees support emerging at 39,275-39,425 levels, and a strong buy zone in the 39,050-39,150 band.
Here's how Anil Singhvi sums up the market setup on March 29:
- Global: Neutral
- FII: Neutral
- DII: Neutral
- F&O: Neutral
- Sentiment: Neutral
- Trend: Negative
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