Market Strategy Today (June 30): How to trade Nifty 50, Nifty Bank today? Key levels to track & more

1 week ago 2

Anil Singhvi Market Strategy Today (June 30, 2025): Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,475-25,550 levels and a strong buy zone at 25,200-25,275 levels on Monday, June 30. For the Nifty Bank, the market wizard expects support at 57,050-57,250 levels and a strong buy zone at 56,850-57,000 levels. 

How market guru Anil Singhvi sums up trade setup:

  • Global: Positive

  • FII: Positive

  • DII: Neutral

  • F&O: Neutral

  • Sentiment: Positive

  • Trend: Positive

  • FII long positions unchanged at 38 per cent as before Friday's session

  • Nifty put-call ratio (PCR) at 1.25 vs 1.28

  • Nifty Bank PCR at 1.13 vs 1.14

  • Volatility index India VIX down 1.6 per cent at 12.39

The market wizard expects a higher zone at 25,700-25,800 levels and a profit-booking zone at 25,850-25,950 levels for the headline index.

For the banking index, he expects a "blue-sky zone" above the 57,550 mark with the next target at 58,000.

Is Dalal Street excited about Wall Street hitting life highs?

  • On Friday, Nasdaq and S&P 500 hit lifetime highs
  • Wall Street rallied as US President Donald Trump took a softer stance on tariffs
  • The strength on Wall Street is surprising given the life highs came about despite uncertainties around Trump, tariffs and policy
  • Dollar Index at a 3.5-year low and rude oil hovering around $66/barrel are positive triggers for India
  • One can't expect better global cues than this
  • India-US trade deal is also in its final stage

FIIs make a comeback; is a rally in the making?

  • FIIs have turned positive towards Dalal Street
  • July F&O series has begun with buying momentum
  • There has been net buying to the tune of Rs 2,600 crore (including Rs 1,400 crore in the cash segment)
  • No major signs of selling from DIIs
  • DIIs are more active in block deals, OFSs and IPOs
  • Only one risk from a fund flow perspective is: If there's too much supply, the market could face resistance

Where is the next big support for Nifty50 and Nifty Bank?

  • Immediate support for Nifty is at 25,475-25,550, and major support in the 25,125-25,275 range
  • Immediate support for Nifty Bank lies at 56,850-57,000 and major support at 56,250-56,450 
  • Minor resistance near the 26,000 mark for Nifty
  • If Nifty crosses 26,000, it could soon surpass the all-time high of 26,277 (September 27)
  • There is a strong possibility of Nifty hitting a new high in July
  • Nifty Bank has been closing and making intraday life highs for two consecutive days, heading into open blue skies

Missed the bus? What to do now?

  • Traders should adopt a 'buy on dips' strategy
  • They may enter near key and important support levels and hold on to their positions with a trailing stop loss 
  • Investors can still deploy fresh funds
  • A strong rally is expected in midcap and smallcap stocks
  • One may invest in companies with strong fundamentals and good results
  • Must-buy sectors include evergreen ones like NBFCs, banks, defence, PSUs and market infrastructure
  • Chemicals, auto ancillary and textiles will also stay strong
  • Buying is expected to return to global-facing sectors like metals, IT and pharma

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

For existing long positions

  • Nifty intraday and closing stop loss at 25,475

  • Nifty Bank intraday stop loss at 56,950 and closing stop loss at 56,800

For existing short positions:

  • Nifty intraday and closing stop loss at 25,700

  • Nifty Bank intraday and closing stop loss at 57,550

For new positions in Nifty50:

  • Buy Nifty with a stop loss at 25,475 for targets of 25,700, 25,735, 25,765, 25,800, 25,850, 25,875 and 25,950

  • Aggressive traders can sell Nifty in the 25,800-25,950 range with a strict stop loss at 26,050 for targets of 25,740, 25,700, 25,650, 25,600, 25,550 and 25,525

For new positions in Nifty Bank:

  • The best range to buy Nifty Bank is 57,000-57,250 with a stop loss at 56,800 for a target of 57,450; above 57,550, the Nifty Bank is set to be in a blue-sky zone, one may hold on to their positions with a trailing stop loss for the next target near 58,000

  • A 'sell' will only be triggered in Nifty Bank if it breaks below the 56,800 mark

Stocks in F&O ban

  • New in ban: None

  • Already in ban: None

  • Out of ban: None

Stocks of the Day 

One should definitely buy Torrent Pharma shares in case of weakness and keep in the portfolio 

  • Torrent Pharma-JB Chemicals deal is very positive for Torrent Pharma
  • The deal will lead to the country's fifth-largest pharmaceutical company
  • The company will foray into the CDMO space
  • The deal is at a 10 per cent PE discount
  • The entity will be the largest chronic therapy player in the country
  • The combine is set to be EPS accretive from the third year
  • It remains to be seen how funding takes place given it's an all-cash deal

Buy BHEL futures for targets of Rs 268, Rs 271 and Rs 275 with a stop loss at Rs 261 

  • The company has received a Rs 6,500-crore order from the Adani group

Buy Mazagon Dock futures for targets of Rs 3,210, Rs 3,250 and Rs 3,290 with a stop loss at Rs 3,150 

  • On Friday, Mazgaon acquired a 51 per cent stake in Colombo Dockyard in a Rs 452-crore deal
  • This deal will give Mazgaon much needed execution capabilities
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