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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects strong support for the Nifty50 index at 25,800-25,900 levels and a strong buy zone at 25,625-25,735 levels on Wednesday, October 29. He sees support for the Nifty Bank emerging at 57,775-58,000 levels and a strong buy zone at 57,500-57,700 levels.

Global: Positive

FII: Positive

DII: Positive

F&O: Neutral

Sentiment: Positive

Trend: Positive

FII long positions at 20 per cent vs 26 per cent before Tuesday's session

Nifty put-call ratio (PCR) at 0.98 vs 1.07

Nifty Bank PCR at 1.04 vs 1.08

Volatility index India VIX up 1 per cent at 11.95

For the 50-scrip index, the market wizard expects a higher zone at 26,000-26,100 levels and a strong sell zone at 26,175-26,275 levels.

For the Nifty Bank, he expects a higher zone at 58,450-58,575 levels and a "blue-sky zone" above the 58,600 mark.​

For existing long positions:

Nifty intraday and closing stop loss at 25,800

Nifty Bank intraday stop loss at 57,750 and closing stop loss at 57,650

For existing short positions:

Nifty intraday stop loss at 26,100 and closing stop loss at 26,000

Nifty Bank intraday stop loss at 58,600 and closing stop loss at 58,325

For new positions in Nifty50: