Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support to emerge at 23,400-23,500 levels and a stronger support zone at 23,275-23,350 levels for the headline Nifty50 index on Monday, February 10. For the Nifty Bank, he expects support at 49,675-49,875 levels and a strong buy zone at 49,375-49,575 levels. 

The market wizard sees a higher zone at 23,600-23,700 levels and a profit-booking zone at 23,770-23,870 levels for the headline index. 

For the banking index, he sees a higher zone at 50,375-50,525 levels and a profit-booking zone at 50,650-50,850 levels.  

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The market wizard has highlighted the following points: 

For existing long positions: 

For existing short positions:

For new positions in Nifty50:

For new positions in Nifty Bank:

RESULTS REVIEWS

Sun TV 

Delhivery 

LIC 

• One can sell LIC futures at higher levels
• Futures have support at Rs 790 and an expeted higher level at Rs 830 

STOCK OF THE DAY

Buy M&M futures for targets of Rs 3,240 and Rs 3,290 with a stop loss at Rs 3,160 

• The management has given a strong post-results commentary 
• The sector business outlook is looking very strong