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Anil Singhvi's Market Strategy (Feb 12): Important levels to track in Nifty50, Nifty Bank today

Published 3 months ago2 minute read

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support to emerge at 22,900-23,000 levels and a stronger support zone at 22,750-22,825 levels for the headline Nifty50 index on Wednesday, February 12. For the Nifty Bank, he expects support at 48,850-49,000 levels and a stronger support zone at 48,575-48,750 levels. 

The market wizard sees a higher zone at 23,150-23,265 levels and a profit-booking zone at 23,300-23,400 levels for the headline index. 

For the banking index, he sees a higher zone at 49,675-49,875 levels and a profit-booking zone at 49,975-50,150 levels.  

ALSO READ: Dalal Street Week Ahead: Macro data, Q3 results, FII activity, global cues set to be in focus

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

Birlasoft 

SAIL 

IRCTC

NBCC

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