Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 23,425-23,500 levels and a stronger support zone at 23,350-23,425 levels oand Friday, March 28. For the Nifty Bank, he expects support at 51,050-51,200 levels and a strong buy zone at 50,600-50,800 levels. Read on to learn about the market wizard's views for the day. 

The market wizard sees a higher zone at 23,650-23,725 levels and a profit-booking zone at 23,800-23,870 levels for the headline index. For the banking index, he expects a higher zone at 51,875-52,050 levels and a profit-booking zone at 52,275-52,475 levels. 

For existing long positions: 

For existing short positions:

For new positions in Nifty50:

For new positions in Nifty Bank:

F&O Ban Update

ANIL SINGHVI SHARES 'STOCKS OF THE DAY': BSE, CDSL

BSE & CDSL

Buy BSE shares for targets of Rs 4,725, Rs 4,790 and Rs 4,875 with a stop loss at Rs 4,565; buy CDSL shares for targets of Rs 1,196, Rs 1,205 and Rs 1,220 with a stop loss at Rs 1,165 

ITC Hotels

Buy ITC Hotels shares for targets of Rs 198, Rs 201 and Rs 205 with a stop loss at Rs 190 

Paytm 

Buy Paytm shares on dips for targets of Rs 825, Rs 840 and Rs 850 with a stop loss at Rs 770 

Reliance Industries

Buy Reliance Industries shares for targets of Rs 1,300, Rs 1,310 and Rs 1,325 with a stop loss at Rs 1,270 

• Goldman Sachs has maintained its 'buy' rating
• The brokerage has raised its target for the stock to Rs 1,640 from Rs 1,590  

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