Anil Singhvi Market Strategy Today (August 29): How to trade Nifty 50, Nifty Bank today? Key levels to track
Published on 29/08/2025 09:01 AM
Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,335-24,400 levels and a stronger support zone at 24,150-24,300 levels on Friday, August 29. For the Nifty Bank, the market wizard expects support to emerge at 53,500-53,600 levels and a stronger support zone at 53,100-53,350 levels.
Global: Positive
FII: Negative
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DII: Positive
F&O: Neutral
Sentiment: Negative
Trend: Neutral
FII long positions are at 8 per cent as against 14 per cent before Thursday's session
Nifty put-call ratio (PCR) at 0.85 vs 0.72
Nifty Bank PCR at 0.96 vs 0.54
Volatility index India VIX is unchanged at 12.17
The market wizard expects a higher zone at 24,535-24,625 levels and a strong sell zone at 24,675-24,800 levels for the headline index.
For the banking index, he expects a higher zone at 54,375-54,450 levels and a profit-booking zone at 54,575-54,700 levels.
Nifty Intraday n Closing SL 24325
Bank Nifty Intraday n Closing SL 53500
Nifty Intraday n Closing SL 24725
Bank Nifty Intraday n Closing SL 54500
Aggressive Traders Sell Nifty in 24625-24725 range: Strict SL 24875 Tgt 24550, 24500, 24475, 24400, 24365, 24335
Aggressive Traders Buy Nifty in 24335-24400 range: Strict SL 24275 Tgt 24475, 24500, 24535, 24625, 24675, 24700
Aggressive Traders Sell Bank Nifty in 54375-54575 range: Strict SL 54700 Tgt 54100, 53900, 53825, 53600, 53500, 53350, 53225
Aggressive Traders Buy Bank Nifty in 53350-53600 range: Strict SL 53100 Tgt 53750, 53825, 53900, 54100, 54375, 54450Out of ban: RBL BankAlready in ban: NoneNew in ban: None
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