Anil Singhvi strategy December 15: Important levels to track in Nifty50, Nifty Bank today
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi shares his strategy for todays session. 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 sees a strong buy zone in the headline Nifty50 index emerging at 21,000-21,075 levels and a blue-sky zone above 21,225 on Friday, December 15. For the Nifty Bank, he expects support at 47,450-47,575 levels and a strong buy zone in the 47,200-47,325 band.
Here's how Anil Singhvi sums up the market setup:
- Global: Positive
- FII: Positive
- DII: Positive
- F&O: Neutral
- Sentiment: Positive
- Trend: Positive
Singhvi expects a higher zone for the Nifty Bank at 47,950-48,000 levels and a blue-sky zone above 48,050.
ANIL SINGHVI MARKET STRATEGY
- FII index longs at 57 per cent vs 58 per cent the previous day
- Nifty put-call ratio (PCR) at 1.37 vs 0.96
- Nifty Bank PCR at 1.01 vs 0.99
- Volatility index India VIX up 2.11 per cent at 12.32
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