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Anil Singhvi Nifty50 Strategy: Profit-booking zone at 22715-22815—Key levels to track on D-Street
Zee Business 1 hr ago·12 Oct 2026, 2:51 am
Stocks Zee Business
Anil Singhvi, a prominent market strategist, has identified the Nifty 50 index's current trading range of 22,715 to 22,815 as a critical 'profit-booking zone'. This suggests that the market may be entering a phase where investors look to lock in gains, potentially causing short-term volatility.
For investors, this signals a period of caution. While the broader market remains in a strong uptrend, this specific range acts as a resistance level. It is a key area to watch for potential pullbacks or consolidation before the next leg of the rally.
Moving forward, traders should monitor the index's reaction to these levels. A decisive break above 22,815 could signal continued strength, whereas a sustained decline below 22,715 might indicate a temporary pause in the rally.
Key takeaways
- Category: Stocks.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
