Amid negative global markets, neutral Foreign Institutional Investors (FIIs), positive Domestic Institutional Investors (DIIs), neutral Future and Options (F&O) and positive sentiment, the short-term trend of the Indian market will be neutral on Monday, July 25, said Zee Business Managing Editor Anil Singhvi.  

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Earlier, the markets closed in the green for the sixth day, as benchmarks ended the week with over 4% each. The broader Nifty50 gained 114.20 points or 0.69% to close at 16,719.45 and the Sensex added over 390.28 points or 0.70% to 56,072.23 on Friday.  

Anil Singhvi's strategy on Nifty, Bank Nifty on July 25 

Nifty support zone is 16575-16625, below that 16475-16525 is a strong buy zone 

Nifty higher zone is 16750-16825, above that 16875-16950 is a profit booking zone 

Bank Nifty support zone is 36275-36350, below that 36075-36200 is a strong Buy zone 

Bank Nifty higher zone is 36825-36975, above that 37075-37200 is a profit booking zone 
 

Nifty support levels: 16650, 16625, 16600, 16575, 16525, 16475 

Nifty higher levels: 16725, 16750, 16800, 16825, 16875, 16950, 16975 

Bank Nifty support levels: 36600, 36500, 36400, 36350, 36275, 36200, 36075 

Bank Nifty higher levels: 36825, 36925, 36975, 37075, 37200, 37275, 37350 

FIIs Index Long at 45% Vs 40% 

PCR near overbought level at 1.42 Vs 1.41, Profit booking accepted at higher level 

India VIX down 1.25% by at 16.65 

For Existing Long Positions: 

Nifty Intraday stoploss (SL) 16575 and Closing SL 16475 

Bank Nifty Intraday and Closing SL 36175 

For Existing Short Positions: 

Nifty Intraday and Closing SL 16800 

Bank Nifty Intraday and Closing SL 36850 

For New Positions: 

Buy Nifty in 16475-16525 range: 

SL 16350 Tgt 16575, 16600, 16625, 16650, 16700, 16725 

Aggressive Traders Buy Nifty in 16575-16625 range: 

Strict SL 16475 Tgt 16650, 16700, 16725, 16750, 16800, 16825, 16875 

Aggressive Traders Sell Nifty in 16750-16825 range: 

Strict SL 16900 Tgt  16725, 16650, 16625, 16600, 16575, 16525, 16475 

For New Positions: 
Buy Bank Nifty in 36200-36350 range: 

SL 36000 Tgt 36400, 36500, 36600, 36725, 36825 

Aggressive Traders Buy Bank Nifty 

Strict SL 36500 Tgt 36825, 36925, 36975, 37075, 37200, 37275, 37350 

Aggressive Traders Sell Bank Nifty 36925-36975 range: 

Strict SL 37100 Tgt  36825, 36750, 36600, 36500, 36400, 36350, 36275, 36200 

F&O BAN 
NEW IN BAN: IB HOUSING 

ALREADY IN BAN: DELTA CORP, RBL BANK  

OUT OF BAN: NIL