Anil Singhvi Market Strategy (October 8): How to trade Nifty 50, Nifty Bank today
Published on 08/10/2025 09:03 AM
Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,000-25,075 levels and a stronger support zone at 24,835-24,950 levels on Wednesday, October 8. For the Nifty Bank, the market wizard expects support at 56,000-56,100 levels and a strong buy zone at 55,725-55,875 levels.
Global: Neutral
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FII: Positive
DII: Positive
F&O: Neutral
Sentiment: Positive
Trend: Neutral
FII long positions unchanged at 7 per cent as before Tuesday's session
Nifty put-call ratio (PCR) at 1.04 vs 1.33
Nifty Bank PCR at 1.11 vs 1.13
Volatility index India VIX down 1.4 per cent at 10.05The market wizard expects a higher zone at 25,150-25,225 levels and a profit-booking zone at 25,275-25,425 levels for the headline index.For the banking index, he expects a higher zone at 56,500-56,700 levels and a profit-booking zone at 56,850-56,975 levels.For existing long positions:
Nifty intraday and closing stop loss at 24,950
Nifty Bank intraday and closing stop loss at 55,900For existing short positions:
Nifty intraday and closing stop loss at 25,275
Nifty Bank intraday and closing stop loss at 56,575For new positions in Nifty50:
Aggressive traders can buy Nifty in the 24,950-25,075 range with a strict stop loss at 24,825 for targets of 25,115, 25,150, 25,225, 25,275 and 25,325
Aggressive traders can sell Nifty in the 25,225-25,350 range with a strict stop loss at 25,450 for targets of 25,175, 25,115, 25,075, 25,025, 24,975 and 24,900
For new positions in Nifty Bank:Aggressive traders can buy Nifty Bank at 56,025-56,100 with a strict stop loss at 55,900 for targets of 56,225, 56,400, 56,500, 56,575, 56,700 and 56,850Aggressive Traders can sell Nifty Bank in 56,500-56,700 range with a strict stop loss at 56,800 for targets of 56,400, 56,250, 56,150, 56,100, 56,025 and 55,900
Stock in F&O ban
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