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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,600-25,670 levels and a strong buy zone at 25,500-25,575 levels on Monday, October 20. For the Nifty Bank, the market wizard expects support at 57,425-57,525 levels and a strong buy zone at 57,050-57,250 levels.

Global: Positive

FII: Positive

DII: Positive

F&O: Neutral

Sentiment: Positive

Trend: Positive

FII long positions at 16.6 per cent vs 14 per cent before Friday's session

Nifty put-call ratio (PCR) at 1.21 vs 1.38

Nifty Bank PCR at 1.17 vs 1.18

Volatility index India VIX up 7 per cent at 11.62

The market wizard expects a higher zone at 25,775-25,900 levels and a profit-booking zone at 25,975-26,050 levels for the headline index.

For the banking index, he expects a "blue-sky zone" to emerge above 57,850 with the next small target being near the 58,000 mark.​

For existing long positions:

Nifty intraday stop loss at 25,575 and closing stop loss at 25,500

Nifty Bank intraday stop loss at 57,400 and closing stop loss at 57,200

For existing short positions:

Nifty intraday and closing stop loss at 25,800

Nifty Bank intraday and closing stop loss at 57,850

For new positions in Nifty50: