Anil Singhvi Market Strategy Today (July 2, 2025): Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,425-25,500 levels and a strong buy zone at 25,265-25,400 levels on Wednesday, July 2. For the Nifty Bank, the market wizard expects support at 57,000-57,200 levels and a strong buy zone at 56,625-56,850 levels. 

How market guru Anil Singhvi sums up trade setup:

• Global: Neutral

• FII: Negative

• DII: Positive

• F&O: Neutral

• Sentiment: Positive

• Trend: Positive

• FII long positions at 37 per cent vs 36 per cent before Tuesday’s session

• Nifty put-call ratio (PCR) at 0.88 vs 0.81

• Nifty Bank PCR at 1.15 vs 1.08

• Volatility index India VIX down 2 per cent at 12.5

The market wizard expects a higher zone at 25,565-25,665 levels and a strong sell zone at 25,700-25,800 levels for the headline index.

For the banking index, he expects a higher zone at 57,525-57,625 levels and a “blue-sky zone” above the 57,650 mark. 

Has something big happened in the US?

• US President Donald Trump has mentioned “very low tariffs on India”
• Trump has doubts over Japan deal
• His “big, beautiful bill” has been passed in Senate with an equal number of votes in favour and against
• Fed Chair Jerome Powell has said that rates would have been lowered by now if it weren’t for Trump’s tariffs
• “Might have to shut shop and return to South Africa,” Trump has said about Elon Musk

Should you worry about two-day FII selling?

• After buying on the first day of the July F&O series, FIIs have been selling in the cash segment for two straight days
• Combined selling in index and futures is of medium scale
• FIIs appear to be in wait-and-watch mode before making fresh purchases
• They are possibly waiting for the onset of the earnings season
• After a one-sided rally, market valuations are no longer cheap
• DII buying has also slowed down
• Funds are flowing into IPOs, block deals and OFSs
• One should wait until more clarity emerges on the FII trend
• If FIIs and DIIs are cautious, retail investors should also slow down their pace

Will Dalal Street remain in a narrow range?

• Nifty has rallied 4,000 points in three months; this necessitates a time-wise correction
• Most short-term positives have been digested
• The market will likely wait for the earnings season to exit the current range
• Nifty has initial support at 25,125-25,275 followed by its upper range at 25,,800-26,000
• There is no sign of weakness in Nifty Bank yet  
• Nifty Bank remains much stronger compared to Nifty50
• The banking index has strong support at 56,250-56,450

Which strategy to follow in a dull market?

• No major trade visible in the index for now
• Nifty Bank is better placed for bullish trades
• Those looking to go short should focus on Nifty
• Investors should wait for a breakout from the range
• Until then, they may focus on sector- and stock-specific action and pay attention to sector rotation
• Bank, NBFC, defence, and PSU stocks are still looking strong
• Some profit-booking can be expected in IT stocks ahead of Q1 earnings

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

For existing long positions: 

• Nifty intraday and closing stop loss at 25,450

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

For existing short positions:

• Nifty intraday and closing stop loss at 25,700

• Nifty Bank intraday and closing stop loss at 57,650

For new positions in Nifty50:

• Aggressive traders can buy Nifty in the 25,400-25,500 range with a strict stop loss at 25,325 for targets of 25,535, 25,565, 25,600, 25,635, 25,665 and 25,700

• Aggressive traders can sell Nifty in the 25,600-25,700 range with a strict stop loss at 25,800 for targets of 25,565, 25,535, 25,500, 25,475 and 25,425

For new positions in Nifty Bank:

• Aggressive traders can buy Nifty Bank in the 57,050-57,250 range with a stop loss at 56,950 for targets of 57,325, 57,400, 57,525 and 57,600
• Above the 57,650 level, Nifty Bank is set to be in a blue-sky zone
• No clear sell signal in the banking index yet
• Aggressive traders can sell near the life high with a strict stop loss of 50 points

Stocks in F&O ban

• New in ban: RBL Bank

• Already in ban: None

• Out of ban: None

Stocks of the Day | DMart, Tata Communications

Buy DMart futures for targets of Rs 4,500, Rs 4,545 and Rs 4,590 with a stop loss at Rs 4,390 

• Consumption stocks are looking strong
• The company is set to benefit from the income tax cut

Buy Tata Communications futures for targets of Rs 1,760, Rs 1,775 and Rs 1,795 with a stop loss at Rs 1,720 

• The stock is in a strong uptrend
• Macquarie has initiated coverage with a target of Rs 2,300 

Buy HPCL futures for targets of Rs 448, Rs 453 and Rs 460 with a stop loss at Rs 436 

• Oil companies will soon get their LPG compensation 
• The Petroleum Ministry is certain that the Finance Ministry will release the amount soon