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Anil Singhvi Market Strategy (March 6): Important levels to track in Nifty 50, Nifty Bank today, top recommendations & more

Published 1 week ago1 minute read

: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty 50 index at 22,125-22,250 levels and a strong buy zone at 22,000-22,100 levels on Thursday, March 6. For the Nifty Bank, he expects support at 48,200-48,350 levels and a strong buy zone at 47,925-48,075 levels. Read o and to lear and about the market wizard's views for the day. 

The market wizard sees a higher zone at 22,450-22,550 levels and a profit-booking zone at 22,625-22,725  for the 50-scrip benchmark. 

For the banking index, he sees a higher zone at 48,850-48,975 levels and a profit-booking zone at 49,150-49,350 levels.  

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For new positions in Nifty50:

For new positions in Nifty Bank:

ANIL SINGHVI SHARES STOCKS OF THE DAY

Buy Reliance Industries futures with a stop loss at Rs 1,160 for targets of Rs 1,195, Rs 1,205 and Rs 1,220

Buy Tata Motors futures with a stop loss at Rs 630 for targets of Rs 650, Rs 658 and Rs 665

Buy Pharma stocks

Buy crude oil-related stocks

Buy metal stocks

  • Even Hindalco are looking strong 
  • Market expecting some anti dumping duty in steel imports from government for quite sometime 

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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