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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,000-25,115 levels and a strong buy zone at 24,850-24,975 levels on Wednesday, September 24. For the Nifty Bank, the market wizard expects support at 55,150-55,350 levels and a strong buy zone at 54,825-55,000 levels. 

Global: Neutral

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FII: Negative

DII: Positive

F&O: Neutral

Sentiment: Cautious

Trend: Positive

FII long position at 14 per cent vs 13 per cent before Tuesday's session

Nifty put-call ratio (PCR) at 0.97 vs 0.72

Nifty Bank PCR at 1.12 vs 0.96

Volatility index India VIX unchanged at 10.60The market wizard expects a higher zone at 25,250-25,325 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 55,675-55,825 levels and a strong sell zone at 55,950-56,150 levels.​What major market data signals

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Will Nifty Bank show strength again today?

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Will FIIs’ selling weigh on the market today as well?For existing long positions:

Nifty intraday and closing stop loss at 25,000 

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 and closing stop loss at 55,850 For new positions in Nifty50:

The best range to buy Nifty is 25,000-25,115 with a stop loss at 24,900 for targets of 25,150, 25,175, 25,200, 25,240, 25,275, 25,325 and 25,350

The best range to sell Nifty is 25,275-25,350 with a stop loss at 25,450 for targets of 25,200, 25,175, 25,150, 25,115, 25,085, 25,050 and 25,000

For new positions in Nifty Bank:

Aggressive traders can buy Nifty Bank in the 55150-55350 range range with a strict stop loss at 55,000 for targets of 55,450, 55,500, 55,575, 55,675, 55,725, 55,825 and 55,950

Aggressive traders can sell Nifty Bank in the 55,675-55,825 range with a strict stop loss at 56,000 for targets of 55,575, 55,500, 55,450, 55,350, 55,275, 55,200 and 55,150

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