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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,925-25,000 levels and a strong buy zone at 24,765-24,875 levels on Wednesday, August 20. For the Nifty Bank, the market wizard expects support to emerge at 55,350-55,525 levels and a strong buy zone at 55,075-55,225 levels. 

Global: Neutral

FII: Negative

DII: Positive

F&O: Neutral

Sentiment: Positive

Trend: Neutral

FII long positions unchanged at 10 per cent as before Wednesday's session

Nifty put-call ratio (PCR) at 1.28 vs 1.14

Nifty Bank PCR at 0.76 vs 0.82

Volatility index India VIX unchanged at 11.78

The market wizard expects a higher zone at 25,090-25,200 levels and a profit-booking zone at 25,250-25,350 levels for the headline index.

For the banking index, he expects a higher zone at 55,850-56,000 levels and a strong sell zone at 56,150-56,300 levels.

Nifty intraday stop loss at 24,900 and closing stop loss at 24,850

Nifty Bank intraday and closing stop loss at 55,500

Nifty intraday and closing stop loss at 25,150

Nifty Bank intraday stop loss at 56,150 and closing stop loss at 56,000

The best range to buy Nifty Bank is 55,225-55,375 with a stop loss at 55,000 for targets of 55,500, 55,625, 55,725, 55,825, 55,950 and 56,000

Aggressive traders can sell Nifty Bank in the 55,950-56,150 range with a strict stop loss at 56,300 for targets of 55,850, 55,750, 55,650, 55,575, 55,500 and 55,375Out of ban: PG ElectroplastAlready in ban: Titagarh, RBL BankNew in ban: None 

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