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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 26,000-26,100 levels and a strong buy zone at 25,875-25,975 levels on Tuesday, December 23. He sees support for the Nifty Bank emerging at 59,000-59,150 levels and a strong buy zone at 58,725-58,900 levels.

Global: Positive

FII: Positive

DII: Positive

F&O: Cautious

Sentiment: Positive

Trend: Positive

FII long positions at 11.4 per cent vs 8.8 per cent before Monday's session

Nifty put-call ratio (PCR) at 1.42 vs 1.13

Nifty Bank PCR at 0.87 vs 0.81

Volatility index India VIX up 1.6 per cent at 9.67

For the 50-scrip index, the market wizard expects a higher zone at 26,200-26,300 levels and "blue-sky zone" above the 26,325 mark.

For the banking index, he expects a higher zone at 59,450-59,550 levels and a profit-booking zone at 59,600-59,800 levels.

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For existing long positions:

For existing short positions:

For new positions in Nifty50:

The best range to buy Nifty is 26,000-26,125 with a stop loss at 25,900 for targets of 26,175, 26,215, 26,240, 26,275 and 26,300; once above 26,325, Nifty is set to be in a blue-sky zone where one may hold on to their positions with a trailing stop loss

Aggressive traders can sell Nifty in the 26,215-26,325 range with a strict stop loss at 26,400 for targets of 26,175, 26,125, 26,100, 26,050, 26,000 and 25,950

For new positions in Nifty Bank:

The best range to buy Nifty Bank is 59,000-59,150 with a stop loss at 58,800 for targets of 59,300, 59,375, 59,450, 59,525, 59,600, 59,675 and 59,800

Aggressive traders can sell Nifty Bank in the 59,450-59,550 range with a strict stop loss at 59,625 for targets of 59,375, 59,300, 59,250, 59,200, 59,125 and 59,025

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