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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects strong support for the Nifty50 index at 25,775-25,850 levels and a strong buy zone at 25,600-25,700 levels on Friday, October 24. He sees support for the Nifty Bank emerging at 57,725-57,875 levels and a strong buy zone at 57,425-57,625 levels.

Global: Neutral

FII: Positive

DII: Positive

F&O: Positive

Sentiment: Positive

Trend: Positive

FII long positions at 24 per cent vs 19 per cent before Thursday's session

Nifty put-call ratio (PCR) at 0.95 vs 1.08

Nifty Bank PCR at 1.13 vs 1.14

Volatility index India VIX up 4 per cent at 11.73

For the 50-scrip index, the market wizard expects a higher zone at 25,975-26,075 levels and a stng sell zone at 26,200-26,275 levels.

For the Nifty Bank, he expects a higher zone at 58,275-58,500 levels and a "blue-sky zone" above the 58,575 mark. ​

For existing long positions:

Nifty intraday and closing stop loss at 25,775

Nifty Bank intraday and closing stop loss at 57,700

For existing short positions:

Nifty intraday and closing stop loss at 26,125

Nifty Bank intraday stop loss at 58,600 and closing stop loss at 58,275

For new positions in Nifty50: