Anil Singhvi Market Strategy Today (October 6): How to trade Nifty 50, Nifty Bank
Published on 06/10/2025 09:07 AM
Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,750-24,835 levels and a strong buy zone at 24,600-24,725 levels on Monday, October 6. For the Nifty Bank, the market wizard expects support at 55,275-55,400 levels and a strong buy zone at 55,000-55,175 levels.
Global: Positive
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FII: Negative
DII: Positive
F&O: Neutral
Sentiment: Neutral
Trend: Neutral
FII long positions unchanged at 7 per cent as before Friday's session
Nifty put-call ratio (PCR) at 1.17 vs 1.18
Nifty Bank PCR at 1.15 vs 1.13
Volatility index India VIX down 2 per cent at 10.06
The market wizard expects a higher zone at 24,950-25,015 levels and a strong sell zone at 25,050-25,150 levels for the headline index.For the banking index, he expects a higher zone at 55,725-55,875 levels and a strong sell zone at 55,950-56,150 levels. For existing long positions:
Nifty intraday and closing stop loss at 24,725
Nifty Bank intraday and closing stop loss at 55,150For existing short positions:
Nifty intraday and closing stop loss at 25,050
Nifty Bank intraday and closing stop loss at 55,900 For new positions in Nifty50:
The best range to buy Nifty is 24,735-24,835 with a stop loss at 24,600 for targets of 24,900, 24,950, 25,015, 25,050, 25,085 and 25,115
Aggressive traders can sell Nifty in the 24,975-25,085 range with a strict stop loss at 25,175 for targets of 24,900, 24,865, 24,835, 24,800, 24,750 and 24,735
For new positions in Nifty Bank:
The best range to buy Nifty Bank is 55,175-55,350 with a stop loss at 55,000 for targets of 55,500, 55,600, 55,725, 55,825, 55,875 and 55,950
Aggressive traders can sell Nifty Bank in the 55,825-56,000 range with a strict stop loss at 56,150 for targets of 55,725, 55,600, 55,500, 55,350, 55,275 and 55,175
Stock in F&O ban
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