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Anil Singhvi Market Strategy Today: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,700-24,800 levels and a strong buy zone at 24,525-24,625 levels on Friday, September 26. For the Nifty Bank, the market wizard expects support at 54,450-54,575 levels and a stronger support area at 54,200-54,400 levels. 

Global: Negative

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FII: Negative

DII: Positive

F&O: Neutral

Sentiment: Negative

Trend: Neutral

FII long positions at 16 per cent vs 15 per cent before Thursday's session

Nifty put-call ratio (PCR) at 0.68 vs 0.87

Nifty Bank PCR at 0.82 vs 0.85

Volatility index India VIX up 2.5 per cent at 10.78The market wizard expects a higher zone at 24,950-25,050 levels and a strong sell zone at 25,085-25,200 levels for the headline index.For the banking index, he expects a higher zone at 55,150-55,275 levels and a strong sell zone at 55,350-55,500 levels.​For existing long positions:

Nifty intraday and closing stop loss at 24,800

Nifty Bank intraday and closing stop loss at 54,700For existing short positions:

Nifty intraday and closing stop loss at 25,100

Nifty Bank intraday and closing stop loss at 55,350   For new positions in Nifty50:

Sell Nifty with a stop loss at 25,100 for targets of 24,800, 24,750, 24,700, 24,625, 24,575 and 24,525

Aggressive traders can buy Nifty in the 24,575-24,700 range with a strict stop loss at 24,500 for targets of 24,775, 24,800, 24,850, 24,875, 24,900 and 24,975  

For new positions in Nifty Bank:Stock in F&O ban

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