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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,900-25,000 levels and a strong buy zone at 24,750-24,865 levels on Tuesday, October 7. For the Nifty Bank, the market wizard expects support at 55,725-55,875 levels and a strong buy zone at 55,400-55,600 levels. 

Global: Positive

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FII: Negative

DII: Positive

F&O: Neutral

Sentiment: Positive

Trend: Neutral

FII long positions unchanged at 7 per cent as before Monday's session

Nifty put-call ratio (PCR) at 1.33 vs 1.17

Nifty Bank PCR at 1.13 vs 1.15

Volatility index India VIX up 1 per cent at 10.19The market wizard expects a higher zone at 25,115-25,235 levels and a strong sell zone at 25,275-25,425 levels for the headline index.For the banking index, he expects a higher zone at 56,200-56,400 levels and a profit-booking zone at 56,450-56,575 levels.​For existing long positions:

Nifty intraday stop loss at 24,950 and closing stop loss at 24,865

Nifty Bank intraday stop loss at 55,700 and closing stop loss at 55,550For existing short positions:

Nifty intraday and closing stop loss at 25,150 

Nifty Bank intraday and closing stop loss at 56,250 For new positions in Nifty50:

Best range to Buy Nifty is 24865-25000: SL 24725 Tgt 25075, 25115, 25150, 25235, 25275, 25325

Aggressive Traders Sell Nifty in 25175-25350 range: Strict SL 25450 Tgt 25115, 25075, 25025, 24975, 24900

For new positions in Nifty Bank:

Best range to Buy Bank Nifty is 55600-55850: SL 55500 Tgt 56100, 56150, 56300, 56400, 56450, 56525

Aggressive Traders Sell Bank Nifty in 56450-56575 range: Strict SL 56750 Tgt 56300, 56250, 56175, 56100, 56000, 55875

Stock in F&O ban

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