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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,675-25,750 levels and stronger support at 25,550-25,650 levels on Thursday, December 18. He sees support for the Nifty Bank emerging at 58,650-58,800 levels and a stronger support zone at 58,250-58,500 levels.

Global: Negative

FII: Neutral

DII: Neutral

F&O: Neutral

Sentiment: Cautious

Trend: Positive

FII long positions at 8 per cent vs 9 per cent before Wednesday's session

Nifty put-call ratio (PCR) at 0.76 vs 0.9

Nifty Bank PCR at 0.75 vs 0.77

Volatility index India VIX down 2 per cent at 9.84

For the 50-scrip index, the market wizard expects a higher zone at 25,850-25,950 levels and a strong sell zone at 26,000-26,100 levels.

For the banking index, he expects a higher zone at 59,125-59,275 levels and a strong sell zone at 59,350-59,550 levels.

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For existing long positions:

For existing short positions:

For new positions in Nifty50:

Aggressive traders can sell Nifty in the 25,900-26,000 range with a strict stop loss at 26,100 for targets of 25,865, 25,825, 25,775, 25,750, 25,700 and 25,650

Aggressive traders can buy Nifty in the 25,650-25,750 range with a strict stop loss at 25,550 for targets of 25,800, 25,835, 25,865, 25,900, 25,925, 25,950 and 26,000

For new positions in Nifty Bank:

Aggressive traders can sell Nifty Bank in the 59,250-59,450 range with a strict stop loss at 59,600 for targets of 59,125, 59,050, 58,925, 58,875, 58,800 and 58,650

Aggressive traders can buy Nifty Bank in the 58,650-58,800 range with a strict stop loss at 58,500 for targets of 58,900, 59,000, 59,125, 59,250, 59,350 and 59,425

Stock in F&O ban