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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index emerging at 25,500-25,650 levels and a strong buy zone at 25,325-25,450 levels on Wednesday, February 4.

The market wizard sees support for the Nifty Bank coming in at 59,600-59,800 levels and a strong buy zone at 59,350-59,500 levels.

FII long position at 16.85 per cent vs 12 per cent before Tuesday's session

Nifty put-call ratio (PCR) at 1.01 vs 0.99

Nifty Bank PCR at 1.04 vs 0.89

Volatility index India VIX down 7.0 per cent at 12.89

For the headline index, the market wizard expects a higher zone at 25,800-25,935 levels and a profit-booking zone at 26,000-26,125 levels.

For the banking index, he expects a higher zone at 60,225-60,425 and a "real breakout" once above the 60,500 mark.

For existing long positions:

For existing short positions:

For new positions in Nifty50:

The best range to buy Nifty is 25,500-25,650 with a stop loss at 25,400 for targets of 25,725, 25,800, 25,875, 25,935, 26,000, 26,050 and 26,125

The best range to sell Nifty is 25,900-26,050 with a stop loss at 26,250 for targets of 25,800, 25,725, 25,650, 25,575, 25,500 and 25,450

For new positions in Nifty Bank:

Aggressive traders can buy Nifty Bank in the 59,500-59,700 range with a strict stop loss at 59,350 for targets of 59,800, 59,950, 60,050, 60,115, 60,225, 60,300 and 60,425

Aggressive traders can sell Nifty Bank in the 60,225-60,425 range with a strict stop loss at 60,550 for targets of 60,050, 59,800, 59,700, 59,600, 59,525 and 59,400

Sell Bajaj Finance futures for targets of Rs 955, Rs 945 and Rs 925 with a stop loss at Rs 974

Buy AB Capital shares near key support level

Sell Persistent Systems futures for targets of Rs 6,000 and Rs 5,880 with a stop loss at Rs 6,325

Sell Infosys futures for targets of Rs 1,640, Rs 1,600 and Rs 1,580 with a stop loss at Rs 1,700