Anil Singhvi Market Strategy (March 25): Important levels to track in Nifty 50, Nifty Bank today-UltraTech, Karur Vysya Bank 'stocks of the day' | Zee Business
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 23,400-23,500 levels levels and a strong buy zone at 23,200-23,350 levels oand Tuesday, March 25. For the Nifty Bank, he expects support at 51,075-51,250 levels and a strong buy zone at 50,600-50,800 levels. Read to learand about the market wizard's views for the day.
The market wizard sees a higher zone at 23,700-23,800 levels and a strong sell zone at 23,870-24,000 levels for the headline index. For the banking index, he expects a higher zone at 51,975-52,150 levels and a profit-booking zone at 52,275-52,475 levels.
Will FII inflows continue to rise?
What makes 23,800 an important level for Nifty 50?
Which stocks and sectors to focus on?
For existing long positions:
For existing short positions:
For new positions iand Nifty50:
For new positions iand Nifty Bank:
Buy UltraTech futures for targets of Rs 11,250 and Rs 11,325 with a stop loss at Rs 10,870
Buy SG Finserv shares for targets of Rs 375, Rs 385 and Rs 400 with a stop loss at Rs 350
- Ace investor Madhu Kela bought 9.50 lakh shares at Rs 350 apiece on Monday
Buy Karur Vysya Bank shares for targets of Rs 212, Rs 215 and Rs 218 with a stop loss at Rs 206
- Midcap banks are looking attractive after a huge run-up in largecap banks
- A smart trading rally is expected in the KVB stock
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