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Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,000-25,075 levels and a strong buy zone at 24,800-24,950 levels on Thursday, June 12. For the Nifty Bank, the market wizard expects support at 56,000-56,150 levels and a strong buy zone at 55,750-55,925 levels. 

Global: Neutral

FII: Neutral

DII: Neutral

F&O: Neutral

Sentiment: Positive

Trend: Positive

FII long positions at 22 per cent vs 20 per cent before Wednesday's session

Nifty put-call ratio (PCR) unchanged at 0.97 

Nifty Bank PCR at 0.96 vs 0.98

Volatility index India VIX down 2.5 per cent at 13.66

The market wizard expects a higher zone at 25,150-25,235 levels and a profit-booking zone at 25,300-25,400 levels for the headline index.

For the banking index, he expects a higher zone at 56,850-57,000 levels and a "blue-sky zone" above the 57,050 mark.

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For existing long positions: 

Nifty Intraday n Closing SL 24950

Bank Nifty Intraday SL 56350 n Closing SL 56000

For existing short positions:

Nifty Intraday n Closing SL 25250

Bank Nifty Intraday n Closing SL 56850

For new positions in Nifty50:

Aggressive Traders Buy Nifty in 24950-25075 range: Strict SL 24800 Tgt 25100, 25150, 25200, 25225, 25300, 25335

Aggressive Traders Sell Nifty in 25200-25300 range: Strict SL 25400 Tgt 25150, 25100, 25075, 25000, 24950, 24900

For new positions in Nifty Bank:

Best range to Buy Bank Nifty is 56000-56150: SL 55800 Tgt 56400, 56475, 56575, 56625, 56675, 56775

Aggressive Traders Sell Bank Nifty in 56675-56850 range: Strict SL 57000 Tgt 56625, 56575, 56450, 56400, 56150, 56025

Stocks in F&O ban

New in ban: CDSL, IEX

Already in ban: IREDA, RBL Bank, Titagarh Rail, Hindustan Copper, Chambal Fertilisers, AB Fashion

Out of ban: None

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