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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index coming in at 26,000-26,125 levels and a strong buy zone at 25,875-25,975 levels on Wednesday, January 7.

The market wizard sees support for the Nifty Bank emerging at 59,700-59,850 levels and a strong buy zone at 59,450-59,575 levels.

Global: Positive

FII: Negative

DII: Positive

F&O: Neutral

Sentiment: Neutral

Trend: Positive

FII long positions at 12.73 per cent vs 11.50 per cent before Tuesday's session

Nifty put-call ratio (PCR) at 0.92 vs 1.01

Nifty Bank PCR at 1.15 vs 1.13

Volatility index India VIX unchanged at 10.01

For the headline index, the market wizard expects a higher zone at 26,200-26,275 and a strong sell zone in the 26,300-26,375 band.

For the banking index, he expects a higher zone at 60,200-60,300 levels and a profit-booking zone at 60,400-60,500 levels.

For existing long positions:

For existing short positions:

For new positions in Nifty50:

Aggressive traders can buy Nifty in the 25,975-26,100 range with a strict stop loss at 26,875 for targets of 26,150, 26,175, 26,210, 26,235, 26,275 and 26,325

Aggressive traders can sell Nifty in the 26,200-26,325 range with a strict stop loss at 26,400 for targets of 26,125, 26,100, 26,000, 25,975, 25,935 and 25,875

For new positions in Nifty Bank:

Aggressive traders can buy Nifty Bank in the 59,575-59,850 range with a strict stop loss at 59,400 for targets of 60,000, 60,115, 60,150, 60,200, 60,300 and 60,425

Aggressive traders can sell Nifty Bank in the 60,200-60,425 range with a strict stop loss at 60,550 for targets of 60,050, 59,850, 59,775, 59,700, 59,575 and 59,450

Stocks in F&O ban