Anil Singhvi's strategy on July 15: Support zone on Nifty is 15800-15850, Bank Nifty is 34400-34550

Amid neutral global markets, neutral foreign institutional investors (FIIs), neutral domestic institutional investors (DIIs), neutral Future and Options (F&O) and neutral sentiment, the short-term trend of the Indian market will remain neutral on Friday, July 15, 2022, said Zee Business Managing Editor Anil Singhvi. 

Earlier, benchmark indices Nifty50 and Sensex ended lower by 0.18% each. The broader Nifty50 declined by 28 points to 15,938.65 and the Sensex ended lower by 98 points to 53,416.15. 

Anil Singhvi strategy on Nifty, Bank Nifty on July 15, 2022 
Nifty support zone is 15800-15850, below that 15675-15750 is a strong buy zone 

Nifty higher zone is 16050-16150, above that 16200-16250 is a strong profit booking zone 

Bank Nifty support zone is 34400-34550, below that 34275-34325 is a strong buy zone 

Bank Nifty higher zone is 34825-34925, above that 35025-35125 is a profit booking zone 

Nifty support levels: 15900, 15850, 15800, 15775, 15750, 15725, 15700 

Nifty higher levels: 15975, 16000, 16025, 16050, 16100, 16125, 16150, 16210 

Bank Nifty support levels: 34550, 34400, 34325, 34275, 34150, 34000 

Bank Nifty higher levels: 34750, 34825, 34925, 34975, 35025, 35125, 35250 

FIIs Index Long at 17% Vs 19% 

PCR at 1.09 Vs 0.78 

India VIX changed at 18.34, -1% 

For Existing Long Positions: 

Nifty Intraday and Closing stoploss (SL) 15800 

Bank Nifty Intraday 34500 and Closing SL 34300 
 

For Existing Short Positions: 

Nifty Intraday and Closing SL 16075 

Bank Nifty Intraday SL 34850 and Closing SL 35150 
 

For New Positions: 

Buy Nifty in 15800-15850 range: 

SL 15700 Tgt 15925, 15975, 16000, 16025, 16075, 16100, 16135 

Aggressive Traders Buy Nifty 

Strict SL 15850 Tgt 16000, 16025, 16050, 16100,16135, 16175, 16200 
 

Sell Nifty in 16125-16200 range: 

SL 16300 Tgt 16075, 16050, 16025, 15975, 15925, 15900, 15850, 15800 

For New Positions: 

Buy Bank Nifty in 34400-34550 range: 

SL 34250 Tgt 34650, 34750, 34825, 34925, 34975, 35025 

Aggressive Traders Buy Bank Nifty 

Strict SL 34500 Tgt 34750, 34825, 34925, 34975, 35025, 35125, 35250 

Aggressive Traders Sell BankNifty in 35000-35150 range: 

Strict SL 35350 Tgt  34925, 34825, 34750, 34650, 34550, 34400, 34325 
 

F&O BAN 
NEW IN BAN 

NIL 

ALREADY IN BAN 

DELTA CORP 

OUT OF BAN 

NIL