Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support to emerge at 22,725-22,825 levels and a stronger support zone at 22,500-22,600 levels for the headline Nifty50 index on Wednesday, February 19. For the Nifty Bank, he expects support at 48,725-48,825 levels and a stronger support zone at 48,350-48,525 levels. 

The market wizard sees a higher zone at 23,025-23,125 levels and a strong sell zone at 23,150-23,300 levels for the headline index. 

For the banking index, he sees a higher zone at 49,325-49,475 levels and a profit-booking zone at 49,575-49,700 levels.  

FII net bought Indian shares worth almost Rs 4,787 crore on Tuesday; should bulls celebrate? 

Foreign institutional investors emerged net buyers of Indian shares to the tune of Rs 4,787 crore on Tuesday—their first buying since February 4—while domestic institutional investors made net purchases of Rs 3,072 crore, according to provisional exchange data.

What can investors expect now?

For existing long positions: 

For existing short positions:

For new positions in Nifty50:

For new positions in Nifty Bank:

STOCKS OF THE DAY

Sell Adani Enterprises futures for targets of Rs 2,170, Rs 2,150, Rs 2,100 and Rs 2,050 with a stop loss at Rs 2,250 

Sell Adani Green futures for targets of Rs 855, Rs 840 and Rs 820 with a stop loss at Rs 890 

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