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Anil Singhvi Market Strategy (February 28): Key Nifty 50 & Nifty Bank levels to track, stocks of the day & more

Published 2 weeks ago1 minute read

: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty 50 index at 22,300-22,400 levels and a stronger support zone at 22,100-22,200 on Friday, February 28. For the Nifty Bank, he expects support at 48,275-48,525 levels and a strong buy zone at 47,800-48,050 levels.

Read on to learn about the market wizard's views and recommendations for the day. 

The market wizard sees a higher zone at 22,500-22,600 levels and a strong sell zone at 22,625-23,725 levels for the 50-scrip benchmark. 

For the banking index, he sees a higher zone at 48,975-49,150 levels and a strong sell zone at 49,250-49,350 levels.  

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Sell Tata Motors shares in the cash segment for targets of Rs 638 and Rs 633 with a stop loss at Rs 657 

Sell Tech Mahindra shares in the spot market for targets of Rs 1,570, Rs 1,550 and Rs 1,520 with a stop loss at Rs 1,620

Sell HCL Tech shares in cash segment for targets of Rs 1,615, Rs 1,595 and Rs 1,580 with a stop loss at Rs 1,645 

  • Nasdaq fell 531 points on Thursday 

Catch all the latest stock market updates here. For all other news related to business, market, tech and auto, visit Zeebiz.com.  

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