Published on 28/08/2025 09:07 AM
Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,535-24,650 levels and a strong buy zone at 24,365-24,500 levels on Thursday, August 28. For the Nifty Bank, the market wizard expects support to emerge at 54,175-54,375 levels followed by a stronger support zone at 53,900-54,100 levels.
Global: Positive
FII: Negative
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DII: Positive
F&O: Neutral
Sentiment: Negative
Trend: Neutral
FII long positions at 14 per cent vs 13 per cent before Tuesday's session
Nifty put-call ratio (PCR) at 0.72 vs 0.87
Nifty Bank PCR at 0.54 vs 0.56
Volatility index India VIX down 4 per cent at 12.19
The market wizard expects a higher zone at 24,800-24,900 levels and a strong sell zone at 24,925-25,015 levels for the headline index.
For the banking index, he expects a higher zone at 54,575-54,700 levels and a strong sell zone at 54,900-55,150 levels.
Nifty intraday and closing stop loss at 24,600
Nifty Bank intraday and closing stop loss at 54,350
Nifty intraday stop loss at 24,850 and closing stop loss at 24,925
Nifty Bank intraday stop loss at 54,700 and closing stop loss at 55,100Aggressive traders can sell Nifty in the 24,800-24,900 range with a strict stop loss at 25,025 for targets of 24,725, 24,685, 24,635, 24,600, 24,535, 24,500Aggressive traders can buy Nifty in the 24,475-24,650 range with a strict stop loss at 24,325 for targets of 24,700, 24,800, 24,850, 24,875, 24,900, 24,925Aggressive traders can sell Nifty Bank in the 54,700-54,900 range with a strict stop loss at 55,150 for targets of 54,450, 54,400, 54,275, 54,175, 54,100 and 53,900Aggressive traders can buy Nifty Bank in the 53,900-54,175 range with a strict stop loss at 53,800 for targets of 54,375, 54,450, 54,575, 54,700, 54,900 and 55,000Out of ban: TitagarhAlready in ban: RBL Bank New in ban: None
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