Anil Singhvi Market Strategy (April 22): Nifty 50, Nifty Bank’s important level today, today, JSPL, JSPL, JSW Steel “Stock of the Day”

Anil Singhvi Marketing Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 23,900-24,000 levels and a strong buy zone at 23,775-23,875 levels on Tuesday, April 22. For the Nifty Bank, Singhvi expects support at 54,475-54,675 levels and a strong buy zone at 54,100-54,300 levels.
How Marketing Master Anil Singhvi summarizes the trade settings this morning:
-
Global: Negative
-
FII: Positive
-
DII: Neutral
-
F&O: Neutral
-
Emotion: Positive
-
Trend: Positive
-
FIIS has a long position of 32%, 30% before Monday's meeting
-
Nifty Put-call Ratio (PCR) for 1.15 vs 1.17
-
Nifty Bank PCR, 1.17 vs 1.16
-
Volatility Index India vix remains unchanged at 15.52
The market guide will give the higher level of the title index to a higher level at 24,200-24,335 levels and the profit booking area at 24,400-24,500. For the banking index, he believes that a higher area has a level of 55,450-55,575, and he hopes it will surge when the 55,600 mark exceeds the 55,600 mark, with the next target only approaching 56,000.
Anil Singhvi Marketing Strategy | How to trade beautiful banks and Nifty50?
For existing long positions:
- Nifty Intraday SL 24000 N Close SL 23850
- Bank Nifty Intraday SL 55000 N Close SL 54375
For existing short positions:
- Nifty Intraday N Closing SL 24225
- Bank Nifty Intraday N Closing SL 55600
For new jobs in Nifty50:
-
The best range to buy Nifty is 23850-24000: SL 23775 TGT 24065, 24125, 24175, 24225, 24275, 24300
-
Aggressive businessman buying beautiful: Strict SL 23950 TGT 24175, 24225, 24300, 24335, 24365, 24400
-
Aggressive traders sell Nifty in the range of 24300-24435: Strict SL 24550 TGT 24200, 24125, 24075, 24000, 24000, 23900, 23850
New jobs at Nifty Bank:
-
The best range to buy a bank Nifty is 54400-54675: SL 54250 TGT 54900, 55000, 55275, 55450
-
Active traders buy banks Nifty: Strict SL 54900 TGT 55450, 55550, and above in the blue sky zone. Close to 56,000 next target
-
Short-circuit nifty short call will only be triggered when the 54250 is broken
F&O ban update
-
New ban: Tata Elxsi
-
Ban: Narco
-
Already under ban: Angel One, Hindustan Bronze, ireda, Manappuram Finance
Anil Singhvi shares “Daily Stocks”: Sail, JSPL, JSW Steel
Purchase 360 WAM:
SL 945 TGT 975, 985, 1000
The company conducts exclusive strategic partnership with UBS in wealth management in India and international markets
Focus on banking industry:
New LCR guidelines are good for banks
Another increase in liquidity
Will benefit from PSU banks and large private banks
Focused steel stocks:
Government has 12% responsibility for selective steel
The industry has been asking for it for a long time
It's positive, but not a great relief
Sail, JSPL, JSW Steel
Stocks will open up with the gap, but don't chase, expect higher profits
Capture key stock market updates here. For all other news, visit zeebiz.com.