Market Strategy Today (July 21): How to trade Nifty 50, Nifty Bank today? Key levels to track

4 hours ago 1

Anil Singhvi Market Strategy Today (July 21, 2025): Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 24,800-24,900 levels and a strong buy zone at 24,675-24,750 levels on Monday, July 21. For the Nifty Bank, the market wizard expects support at 55,825-56,000 levels and a stronger support zone at 55,575-55,725 levels.

How market guru Anil Singhvi sums up trade setup:

Global: Neutral
FII: Negative
DII: Positive
F&O: Neutral
Sentiment: Cautious
Trend: Neutral
FII long positions at 15 per cent vs 17 per cent before Friday's session
Nifty put-call ratio (PCR) at 0.78 vs 0.94
Nifty Bank PCR at 0.78 vs 0.85
Volatility index India VIX up 3 per cent at 11.39

The market wizard expects a higher zone at 25,075-25,150 levels and a profit-booking zone at 25,200-25,250 levels for the headline index.

For the banking index, he expects a higher zone at 56,600-56,750 levels and a strong sell zone at 56,825-56,975 levels.

ANIL SINGHVI MARKET STRATEGY | How to trade Nifty Bank and Nifty50?

For existing long positions:

Nifty intraday and closing stop loss at 24,865
Nifty Bank intraday stop loss at 56,000 and closing stop loss at 56,200

For existing short positions:

Nifty intraday stop loss at 25,150 and closing stop loss at 25,250
Nifty Bank intraday stop loss at 56,750 and closing stop loss at 57,000

For new positions in Nifty50:

The best range to sell Nifty is 25,075-25,200 with a stop loss at 25,275 for targets of 25,000, 24,965, 24,925, 24,865, 24,825 and 24,800
Aggressive traders can buy Nifty in the 24,750-24,865 range with a strict stop loss at 24,675 for targets of 24,900, 24,950, 25,000, 25,100, 25,150 and 25,200

For new positions in Nifty Bank:

The Best range to sell Nifty Bank is 56,700-56,850 with a stop loss at 57,000 for targets of 56,600, 56,500, 56,300, 56,200, 56,150 and 56,050
Aggressive traders can buy Nifty Bank in the 55,825-56,000 range with a strict top loss at 55,675 for targets of 56,150, 56,200, 56,275, 56,475, 56,600 and 56,700