MARKETS
Anil Singhvi Market Strategy : Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index to emerge at 24,775-24,825 levels and a strong buy zone at 24,600-24,700 levels on Monday, August 26. For the Nifty Bank, he expects support to come in at 50,700-50,850 levels and a buy zone at 50,375-50,525 levels. Here's how the market guru sums up the trade setup this morning: The market wizard sees a higher zone at 24,900-24,975 levels and a profit-booking zone at 25,000-25,075 for the Nifty50. For the banking index, he sees a higher zone coming in at 51,175-51,350 levels and a profit-booking zone at 51,500-51,650 levels. For existing long positions : For existing short positions : For new positions in Nifty50 : For new positions in Nifty Bank : Stocks of the Day Buy Ambuja Cements futures with a stop loss at Rs 622 for targets of Rs 640, Rs 649 and Rs 655 Sell Zydus futures with a stop loss at Rs 1,200 for targets of Rs 1,130 and Rs 1,120 Buy Vedanta futures with a stop loss at Rs 444 for targets of Rs 458 and Rs 464 Catch all the latest stock market updates here. For all other news related to business, market, tech and auto, visit . Get Latest Business News , Stock Market Updates and Videos ; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Business Twitter and Facebook . Subscribe on YouTube . None
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