Anil Singhvi Market Strategy: Nifty50 strong buy area at 24,825-24,975 -- Other key levels to track
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Market guru Anil Singhvi identified the 24,825-24,975 range as a strong buy area for the Nifty50 in Wednesday’s session.
- ✓He suggested that those holding short positions place an intraday and closing stop loss at 25,150.
- ✓The expert also shared key support and profit-booking levels for both Nifty and Nifty Bank.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Zee Business
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Market guru Anil Singhvi suggests those holding short positions in the 50-scrip benchmark place an intraday and closing stop loss at 25,150. Read on to learn more about how he views the market now.
Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index to emerge at 25,000-25,075 levels and a strong buy zone to occur at 24,825-24,975 levels in Wednesdays session as the market returns to trade after the mid-week Diwali Balipratipada holiday.
The market guru expects immediate support for the Nifty Bank to emerge at 59,250-59,500 levels and a stong buy area at 58,750-59,000 levels.
How market guru Anil Singhvi sums up the trade setup
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Zee Business
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