Market Strategy Today (July 24): How to trade Nifty 50, Nifty Bank today? Key levels to track

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Anil Singhvi Market Strategy Today (July 24, 2025): Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,080-25,150 levels and a strong buy zone at 24,965-25,065 levels on Thursday, July 24. For the Nifty Bank, the market wizard expects support at 56,850-57,000 levels and a strong buy zone at 56,600-56,750 levels.

How market guru Anil Singhvi sums up trade setup:

Global: Positive
FII: Negative
DII: Positive
F&O: Neutral
Sentiment: Positive
Trend: Positive
FII long positions at 15 per cent vs 14 per cent before Wednesday's session
Nifty put-call ratio (PCR) at 1.14 vs 0.83
Nifty Bank PCR at 0.99 vs 0.81
Volatility index India VIX 2 per cent at 10.51

The market wizard expects a higher zone at 25,250-25,325 levels and a strong sell zone at 25,350-25,475 levels for the headline index.

For the banking index, he expects a higher zone at 57,300-57,375 levels and a profit-booking zone at 57,450-57,625 levels.

Can you expect gains on Dalal Street today?

Support from Wall Street
Two days of strong results from both largecap and midcap companies
Strong DII buying in two days
FII index long positions at a five-month low of 15 per cent
Improved sentiment around trade deal developments
Wednesday's market recovery as well as closing levels have boosted sentiment

What can cause resistance at higher levels?

FII outflows increased slightly on Wednesday
The market tends to stall near the upper end of the trading range
One can expect higher volatility due to weekly F&O expiry

A Nifty breakout possible today?

A small breakout is likely if the index sustains above 25,265
A close above 25,350 may lead to a strong rally
Very strong support for Nifty50 stands at 25,000 now
Nifty Bank will strengthen above 57,300
Final resistance for Nifty Bank is placed at 57,450-57,625
Strong support lies between 57,700 and 57,900

Which midcap–smallcap stocks to buy on recovery?

Midcap IT stocks may rally sharply on the back of strong results
Buying expected in metal, fertiliser and pharma stocks

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

For existing long positions:

Nifty intraday and closing stop loss at 25,000
Nifty Bank intraday and closing stop loss at 56,700

For existing short positions:

Nifty intraday and closing stop loss at 25,275
Nifty Bank intraday and closing stop loss at 57,375

For new positions in Nifty50:

Buy Nifty with a stop loss at 25,050 for targets of 25,250, 25,325, 25,350, 25,400, 25,450 and 25,475
Aggressive traders can sell Nifty in the 25,325-25,450 range with a strict stop loss at 25,550 for targets of 25,250, 25,215, 25,150, 25,125, 25,090 and 25,065

For new positions in Nifty Bank:

The best range to buy Nifty Bank is 56,825-57,000 with a stop loss at 56,600 for targets of 57,150, 57,200, 57,250, 57,300, 57,375, 57,450 and 57,625
Aggressive traders can sell Nifty Bank in the 57,375-57,600 range with a strict stop loss at 57,650 for targets of 57,300, 57,250, 57,200, 57,150, 57,050 and 56,950