Anil Singhvi's Market Strategy June 25: Check out Nifty Buy and Sell strategy, more

The Indian share market on June 22, 2018, Friday, closed in the green. The S&P BSE Sensex closed higher by 257.21 points or 0.73 per cent to close at 35,689.60. While Nifty 50 and BankNifty settled higher by 80.75 points or 0.75 per cent at 10,821.85 and 269.90 points or 1.02 per cent at 26,766.85 respectively. 

However, the positive trend of the domestic institutional investors (DIIs), neutral global outlook, Futures and Options (F&O) and foreign institutional investors (FII) cues suggest that the short-term trend of the Indian market is going to stay positive on June 25, 2018 (Monday). 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for June 25: 
10,800 and 26,700 are going to be the deciding levels at Nifty and BankNifty. 
Trade range on Nifty is going to be between 10,750-10,900. 
In case of BankNifty, the small trade range will remain between 26,650-26,800, while the bigger range will stay between 26,500-26,950.
The strong support zone on Nifty and BankNifty will be between 10,700 and 10,750 and 26,600 respectively. 
Anil Singhvi suggests traders reduce their positions in Nifty and BankNifty if they close below the mark of 10,700 and 26,400. 

Buy and Sell strategy on Nifty 
Buy Nifty on a gap down opening with a stop loss of 10,750 and a target of 10,850-10,875-108,90.
Sell Nifty near 10,890 with a stop loss of 10,925 and target of 10,850-10,825. 

Watch this Zee Business video here:

Buy and Sell strategy on BankNifty 
Buy BankNifty on a gap down opening with a stop loss of 26,500 and a target of 26,800-26,900-26,950. 
Sell BankNIfty above the mark of 26,900 with a stop loss of 27,000 and a target of 26,800. 

The put-call ratio (PCR) for June 25, 2018, stands at 1.65 and volatility index (VIX) is 12.02, but be alert at higher levels. 

Positive: OMC (Oil Marketing Companies)

Enters F&O Ban: IDBI

Out of Ban: Nil

3 Already In Ban: Dewan Housing Finance Corporation Limited (DHFL), Infibeam, JP Associates, CG Power