Amid neutral global markets, negative Foreign Institutional Investors (FIIs), neutral Domestic Institutional Investors (FIIs), neutral Future and Options (F&O) and positive sentiment, the short-term trend of the Indian market will remain neutral on Tuesday, July 26,2022, said Zee Business Managing Editor Anil Singhvi.  

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Earlier, snapping six-day winning streak, the Indian market closed in the red with benchmarks declining by more than half per cent each. The Nifty50 dropped by 88.45 points (-0.53%) to close at 16,631.00 and the 30-share Sensex ended lower by 306.01 points (0.55%) to settle at 55,766.22. Nifty Midcap and Smallcap had closed with 0.9% and 0.58% cuts  

Anil Singhvi's strategy on Nifty, Bank Nifty on July 26  

Nifty support zone is 16475-16525, below that 16350-16425 is a strong buy zone 

Nifty higher zone is 16700-16750, above that 16800-16875 is a profit booking zone 

Bank Nifty support zone is 36275-36475, below that 36075-36200 is a strong buy zone 

Bank Nifty higher zone is 36825-36975, above that 37150-37325 is a profit booking zone 

Nifty support levels 16600, 16575, 16525, 16475, 16450, 16425, 16350 

Nifty higher levels 16700, 16725, 16750, 16800, 16825, 16875 

Bank Nifty support levels 36600, 36475, 36400, 36350, 36275, 36200, 36075 

Bank Nifty higher levels 36825, 36925, 36975, 37050, 37150, 37225, 37325 

FIIs Index Long at 41% Vs 45% 

PCR at 1.18 Vs 1.42, 

India VIX UP 6% by at 17.68 

For Existing Long Positions: 

Nifty Intraday and Closing stoploss (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 37100 

For New Positions: 

Buy Nifty in 16475-16525 range: 

SL 16350 Tgt 16575, 16600, 16625, 16650, 16700, 16725, 16750 
 

Aggressive Traders Sell Nifty in 16700-16750 range: 

Strict SL 16825 Tgt 16650, 16625, 16600, 16575, 16525, 16475, 16425 

For New Positions: 

Buy Bank Nifty in 36275-36475 range: 

SL 36075 Tgt  36600, 36725, 36825, 36925, 36975, 37050, 37150 
 

Aggressive Traders Sell BankNifty 36825-36975 range: 
Strict SL 37100 Tgt  36725, 36600, 36500, 36400, 36350, 36275, 36200, 36075 

F&O BAN 
NEW IN BAN 

NIL 

ALREADY IN BAN 

IB HOUSING 
OUT OF BAN 

DELTA CORP, RBL BANK