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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,000-25,100 levels and a strong buy zone at 24,835-24,900 levels on Friday, October 10. For the Nifty Bank, the market wizard expects support at 55,850-56,000 levels and a strong buy zone at 55,600-55,725 levels. 

Global: Neutral

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FII:  Positive

DII: Positive

F&O: Neutral

Sentiment: Positive

Trend: Neutral

FII long positions at 7 per cent vs 8 per cent before Thursday's session

Nifty put-call ratio (PCR) at 1.06 vs 0.80

Nifty Bank PCR at 1.08 vs 1.05

Volatility index India VIX down 2 per cent at 10.12

 The market wizard expects a higher zone at 25,225-25,325 levels and profit-booking zone at 25,350-25,450 levels for the headline index.For the banking index, he expects a higher zone at 56,300-56,500 levels and a profit-booking zone at 56,575-56,700 levels.​For existing long positions:

Nifty intraday and closing stop loss at 24,975

Nifty Bank intraday stop loss at 55,800 and closing stop loss at 55,575For existing short positions:

Nifty intraday and closing stop loss at 25,250 

Nifty Bank intraday and closing stop loss at 56,550For new positions in Nifty50:

The best range to buy Nifty is 25,000-25,115 with a stop loss at 24,950 for targets of 25,175, 25,200, 25,275, 25,325, 25,425 and 25,450

Sell Nifty only if it gives up 25,000, with a stop loss at 25,200 for targets of 24,900, 24,865, 24,835, 24,800 and 24,750

For new positions in Nifty Bank:

The best range to buy Nifty Bank is 55,825-56,025 with a stop loss at 55,600 for targets of 56,100, 56,150, 56,200, 56,275, 56,400 and 56,500

Aggressive traders can buy Nifty Bank with a strict stop loss at 55,800 for targets of 56,300, 56,500, 56,575, 56,700, 56,850 and 56,975

Aggressive traders can sell Nifty Bank in the 56,500-56,700 range with a strict stop loss at 56,800 for targets of 56,300, 56,200, 56,150, 56,100, 56,025 and 55,850

Stock in F&O ban

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