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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,040-25,150 levels and a strong buy zone at 24,850-24,975 levels on Tuesday, September 23. For the Nifty Bank, the market wizard expects support at 55,000-55,150 levels and a strong buy zone at 54,700-54,900 levels. 

Global: Positive

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FII: Negative

DII: Positive

F&O: Neutral

Sentiment: Neutral

Trend: Positive

FII long positions unchanged at 13 per cent as before Monday's session

Nifty put-call ratio (PCR) at 0.72 vs 1.08

Nifty Bank PCR at 0.96 vs 1.03

Volatility index India VIX up 6 per cent at 10.56The market wizard expects a higher zone at 25,240-25,325 levels and a strong sell zone at 25,350-25,450 levels for the headline index.For the banking index, he expects a higher zone at 55,500-55,675 levels and a profit-booking zone at 55,725-55,850 levels.​For existing long positions:

Nifty intraday stop loss at 25,000 and closing stop loss at 25,100

Nifty Bank intraday and closing stop loss at 55,000For existing short positions:

Nifty intraday and closing stop loss at 25,350

Nifty Bank intraday stop loss at 55,600 and closing stop loss at 55,725For new positions in Nifty50:

Aggressive traders can buy Nifty in the 24,950-25,115 range with a strict stop loss at 24,850 for targets of 25,150, 25,200, 25,240, 25,275, 25,325 and 25,350

Aggressive traders can sell Nifty in the 25,275-25,425 range with a strict stop loss at 25,500 for targets of 25,240, 25,200, 25,150, 25,115, 25,085, 25,050 and 24,975

For new positions in Nifty Bank:

Aggressive traders can buy Nifty Bank in the 54,825-55,025 range with a strict stop loss at 54,700 for targets of 55,150, 55,225, 55,300, 55,450, 55,550 and 55,675

Aggressive traders can sell Nifty Bank in the 55,550-55,725 range with a strict stop loss at 55,850 for targets of 55,450, 55,350, 55,300, 55,225, 55,150, 55,025 and 54,900

ALSO READ: What GIFT Nifty signals Stock in F&O ban

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