Anil Singhvi market strategy: Sea Business Managing Editor, Anil Singhvi, expects support for the NIFTY50 Holder Index at 23,800-23,870 levels and a strong purchase zone at 23,550-23,700 level 54,175-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5-5 53,400-53,600 levels. Keep reading to know the opinions of the market assistant for the day.
How the Guru of the Anil Singhvi market summarizes the commercial configuration this morning:
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Global: positive
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Fii: positive
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Dii: positive
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F&P: neutral
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Feeling: cautious
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Trend: positive
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Fii Long positions to 38 percent compared to 41 percent before Friday session
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Nifty Put-Call Ratio (PCR) to 0.87 against 1.03
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Nifty Bank PCR at 1.03 vs 1.15
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Indian Volatility Index Vix rose 5.5 percent to 17.16
The market assistant sees a higher area at 24,175-24,300 levels and a profit reserve area with 24,350-24,500 levels for the main index.
For the bank index, it sees a higher area in 55,000-55,200 levels and a profit reserve area at 55,250-55,450 levels.
Anil Singhvi market strategy | How to negotiate Nifty Bank and Nifty50?
For existing long positions:
- NIFTY INTRADAY SL 23800 N CLOSURE SL 24000
- Bank Nifty Intraday N Close SL 54150
For existing short positions:
- NIFTY INTRADAY N Close SL 24400
- Bank Nifty Intraday N Close SL 55000
For new positions in nifty50:
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Aggressive merchants buy Nifty: Strict SL 23800 TGT 24125, 24175, 24250, 24300, 24325, 24350
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Aggressive merchants sell nifty in 24250-24350 Range: Strict SL 24400 TGT 24175, 24125, 24075, 24000, 23900, 23850
For new positions at Nifty Bank:
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Aggressive merchants buy Bank Nifty in 54175-54300 Range: Strict SL 53950 TGT 54450, 54650, 54950, 55150, 55250, 55350
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The best range to sell Nifty Bank is 55175-55375: SL 55550 TGT 55075, 54675, 54475, 54400, 54300, 54175
There are no stock in the prohibition of F&P
Profit reviews
Buy Futures Ril:
SL 1280 TGT 1320, 1335
Good performance and strong guide.
Ebidta online.
Good margins in O2C and Retail Biz.
First time management confident in consumer growth
The stock does not have a lower performance now onrives
BBL BANK FUTURES ABOUT 181-183 RANGE:
SL 178 TGT 188, 194, 199
Pathetic result. Greater provisioning in microfinance. But landslides only 4.7% are a positive surprise.
It is now a purchase as stabilization of stress due to the normalization of the loan portfolio
Businesses at attractive valuations at 0.7 to v.
Buy at lower levels. Do not sell at all
IDFC First Bank futures:
Weak results once again
The shares ran 16% in a month
Due to fundraising actions they will recently obtain support at the lowest levels
Support level 63, upper level 71
IGL Futures:
Weak results
6% Ebitda Miss
The results below expectations both in volume and margins
Support levels 167 and 170, higher levels 182 and 184
OFSS FUTURES:
Mixed results
Income growth is not impressive but strong operational performance
The shares ran 9% in a month
8280 support level, higher level 8940
Sell Poonowala Fincorp futures:
SL 387 TGT 365, 355
The results below expectations
The shares ran 20% in three months, expected the profit reserve
L&T Finance Futures:
Mixed results
Nothing bad
Support levels 163 and 161, higher levels 176 and 179
Sell Tata Tech futures:
SL 709 TGT 671, 663
Extremely weak results in all parameters
Support levels, higher levels
Stock of the Day: Indo Torres
Buy futures of the Torre de la Indus: SL 387 TGT 405, 410, 416
Board meeting on April 30 to consider bonus and repurchase
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