Anil Singhvi Market Technique: Zee Enterprise Managing Editor Anil Singhvi expects assist for the headline Nifty50 index at 23,400-23,500 ranges ranges and a robust purchase zone at 23,200-23,350 ranges oand Tuesday, March 25. For the Nifty Financial institution, he expects assist at 51,075-51,250 ranges and a robust purchase zone at 50,600-50,800 ranges. Learn to learand concerning the market wizard’s views for the day.
How market guru Anil Singhvi sums up commerce setup this morning:
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International: Constructive
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FII: Constructive
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DII: Impartial
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F&O: Impartial
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Sentiment: Constructive
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Development: Impartial
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FII lengthy positions unchanged at 32 per cent as earlier than Monday’s session
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Nifty put-call ratio (PCR) at 1.22 vs 1.15
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Nifty Financial institution PCR at 1.24 vs 1.26
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Volatility index India VIX up 9 per cent at 13.70
The market wizard sees a better zone at 23,700-23,800 ranges and a robust promote zone at 23,870-24,000 ranges for the headline index. For the banking index, he expects a better zone at 51,975-52,150 ranges and a profit-booking zone at 52,275-52,475 ranges.
ANIL SINGHVI MARKET STRATEGY
For current lengthy positions:
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Nifty intraday cease loss at 23,600 and shutting cease loss at 23,425
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Nifty Financial institution intraday cease loss at 51,375 and shutting cease loss at 50,800
For current brief positions:
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Nifty intraday and shutting cease loss at 23,800
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Nifty Financial institution intraday and shutting cease loss at 52,000
For brand spanking new positions iand Nifty50:
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The very best vary to purchase Nifty is 23,400-23,500 with a cease loss at 23,325 for targets of 23,600, 23,650, 23,700, 23,775 and 23,800
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Aggressive merchants should buy Nifty with a strict cease loss at 23,575 for targets of 23,700, 23,775, 23,800, 23,870, 23,950 and 24,000
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Aggressive merchants can promote Nifty within the 23,800-23,950 vary with a strict cease loss at 24,075 for targets of 23,700, 23,650, 23,600, 23,500 and 23,450
For brand spanking new positions iand Nifty Financial institution:
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The very best vary to purchase Nifty Financial institution is 50,800-51,000 with a cease loss at 50,575 for targets of 51,175, 51,325, 51,400, 51,575, 51,700 and 51,800
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Aggressive merchants should buy Nifty Financial institution with a strict cease loss at 51,400 for targets of 51,900, 51,975, 52,100, 52,275, 52,375 and 52,475
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Aggressive merchants can promote Nifty Financial institution within the 52,275-52,475 vary with a strict cease loss at 52,575 for targets of 52,150, 52,000, 51,800, 51,700, 51,575 and 51,500
F&O Baand and Replace
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Out of ban: Hindustan Copper, Polycab
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Already in ban: IndusInd Financial institution
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New in ban: None
ANIL SINGHVI SHARES ‘STOCK OF THE DAY’: ULTRATECH CEMENT
Purchase UltraTech futures for targets of Rs 11,250 and Rs 11,325 with a cease loss at Rs 10,870
- Cement shares are trying sturdy
- UBS has double-upgraded the inventory with a revised goal value of Rs 13,000 as a substitute of the sooner Rs 9,000
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