Anil Singhvi's Market Strategy October 24: Banks, NBFC, Oil Companies are Positive
Amid positive global market, neutral domestic institutional investors (DIIs), future and option (F&O), negative foreign institutional investors (FII) sentiments, the short-term trend of the Indian market is set to be negative on Tuesday, October 24, 2018. PCR oversold at 1.04, sharp 11% fall in VIX to 19.04.
Traders are advised to reduce their buying positions if BankNifty closes below the mark of 25,000. Image source: Zee Business