Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support to emerge at 22,800-22,975 levels and a stronger support zone at 22,600-22,750 levels for the headline Nifty50 index on Friday, February 14. For the Nifty Bank, he expects support at 49,000-49,175 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 49,700-49,900 levels and a profit-booking zone at 49,975-50,150 levels.  

EDITOR'S TAKE | How market guru Anil Singhvi views Dalal Street now 

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:

• Aggressive traders can buy Nifty Bank with strict stop loss at 49,150 for targets of 49,475, 49,675, 49,825, 49,875, 49,975 and 50,150

• Aggressive traders can sell Nifty Bank in the 49,825-50,000 range with a strict stop loss at 50,150 for targets of 49,700, 49,575, 49,500, 49,375, 49,275 and 49,175

• New in ban: Manappuram
• Already in ban: None
• Out of ban: None

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