Published on 16/07/2025 09:05 AM
Anil Singhvi Market Strategy Today (July 16, 2025): Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,000-25,100 levels and a strong support zone at 24,865-24,950 levels on Wednesday, July 16. For the Nifty Bank, the market wizard expects support at 56,600-56,750 levels and a stronger support zone at 56,275-56,475 levels.
Global: Negative
FII: Neutral
DII: Positive
F&O: Neutral
Sentiment: Neutral
Trend: Positive
FII long positions at 19 per cent vs 18 per cent before Tuesday's session
Nifty put-call ratio (PCR) at 0.87 vs 0.72
Nifty Bank PCR at 0.89 vs 0.86
Volatility index India VIX down 1 per cent at 11.48
The market wizard expects a higher zone at 25,200-25,325 levels and a strong sell zone at 25,350-25,475 levels for the headline index.
For the banking index, he expects a higher zone at 57,150-57,300 levels and a strong sell zone at 57,450-57,625 levels.
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Nifty intraday stop loss at 25,075 and closing stop loss at 25,000
Nifty Bank intraday stop loss at 56,500 and closing stop loss at 56,700
Nifty intraday stop loss at 25,250 and closing stop loss at 25,350
Nifty Bank intraday stop loss at 57,150 and closing stop loss at 57,250
Aggressive traders can buy Nifty in the 25,000-25,100 range with a strict stop loss at 24,900 for targets of 25,150, 25,200, 25,250, 25,325, 25,350 and 25,400
Aggressive traders can sell Nifty in the 25,250-25,400 range with a strict stop loss at 25,500 for targets of 25,200, 25,150, 25,125, 25,090, 25,050 and 25,000
Aggressive traders can buy Nifty Bank in the 56,600-56,750 range with a strict stop loss at 56,450 for targets of 56,850, 56,925, 57,000, 57,075, 57,150 and 57,250
Aggressive traders can sell Nifty Bank in the 57,150-57,350 range with a strict stop loss at 57,500 for targets of 57,000, 56,925, 56,850, 56,750, 56,700 and 56,600
Already in ban: Glenmark Pharma, Hindustan Copper, RBL Bank
New in ban: None
Out of ban: None
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