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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index emerging at 25,250-25,350 levels and a strong buy zone at 25,050-25,175 levels on Friday, January 30.

The market wizard sees support for the Nifty Bank coming in at 59,400-59,600 levels and a stronger support zone at 59,200-59,350 levels.

FII long positions at 12.29 per cent vs 12.62 per cent before Thursday's session

Nifty put-call ratio (PCR) at 1.05 vs 0.98

Nifty Bank PCR at 1.23 vs 1.16

Volatility index India VIX down 1 per cent at 13.37

For the headline index, the market wizard expects a higher zone at 25,435-25,500 levels and sell territory at 25,575-25,700 levels.

For the banking index, he expects a higher zone at 60,050-60,225 levels and a profit-booking zone at 60,300-60,425 levels.

For existing long positions:

For existing short positions:

For new positions in Nifty50:

The best range to buy Nifty is 25,150-25,250 with a stop loss at 25,000 for targets of 25,300, 25,350, 25,425, 25,500, 25,575 and 25,600

Aggressive traders can sell Nifty in the 25,425-25,575 range with a strict stop loss at 25,700 for targets of 25,375, 25,350, 25,300, 25,250, 25,175 and 25,150

For new positions in Nifty Bank:

Aggressive traders can buy Nifty Bank in the 59,400-59,600 range with a strict stop loss at 59,200 for targets of 59,750, 59,950, 60,050, 60,150, 60,225 and 60,300

Aggressive traders can sell Nifty Bank in the 60,100-60,300 range with a strict stop loss at 60,500 for targets of 60,000, 59,775, 59,700, 59,600, 59,525, 59,450 and 59,350