Market Strategy Today (July 3): How to trade Nifty 50, Nifty Bank today? Key levels to track & more


Anil Singhvi Market Strategy Today (July 3, 2025): Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,275-25,375 levels and a strong buy zone at 25,125-25,250 levels on Thursday, July 3. For the Nifty Bank, the market wizard expects support at 56,625-56,825 levels and a strong support zone at 56,425-56,550 levels. 

How market guru Anil Singhvi sums up trade setup:

  • Global: Positive

  • FII: Negative

  • DII: Positive

  • F&O: Neutral

  • Sentiment: Neutral

  • Trend: Positive

  • FII long positions at 33 per cent vs 37 per cent before Wednesday’s session

  • Nifty put-call ratio (PCR) light at 0.78 vs 0.88

  • Nifty Bank PCR at 1.02 vs 1.15

  • Volatility index India VIX down 0.7 per cent at 12.44

The market wizard expects a higher zone at 25,500-25,565 levels and a profit-booking zone at 25,600-25,665 levels for the headline index.

For the banking index, he expects a higher zone at 57,150-57,325 levels and a profit-booking zone at 57,450-57,625 levels. 

 

Has anything big happened in the US?

  • Relief for China from the US: The US has lifted restrictions on chip design exports
  • It is no longer mandatory for US companies to acquire licenses to operate in China
  • The decision has been made under a new trade deal between the US and China
  • In May, the Donald Trump administration had imposed a ban on chip design exports
  • This relief is set to benefit auto and auto ancillary companies
  • It is positive for companies like Tata Motors, Motherson and Bharat Forge in India

Remerging tensions with Iran over crude oil?

  • Iran has refused to allow inspections of its nuclear sites
  • It has halted IAEA inspections
  • Crude oil has jumped 3 per cent to reach $69/barrel levels
  • The spike in oil prices is slightly negative
  • However, sustaining higher levels is difficult
  • There is nothing to be overly concerned about for now

US-Vietnam trade deal:

  • Trump has announced a 20 per cent import duty on Vietnam
  • US imports into Vietnam will remain fully duty-free

Will FII outflows continue for a third straight day?

  • There has been some selling in cash segment for three straight sessions
  • The combined selling in index and futures is medium in scale
  • FIIs appear to be in wait-and-watch mode before making fresh purchases, awaiting earnings season
  • After a one-sided rally, valuations are no longer very cheap
  • DII buying has also slowed down a bit
  • One should wait until a clear trend emerges in FII selling
  • With both major investor classes not in aggressive buying mode, investors too should go slow

Is there a risk of range breakdown on weekly F&O expiry day?

  • The market has weakened somewhat due to three days of FII selling
  • Nifty’s PCR is down at 0.87
  • Mild short covering and recovery seen from lower levels
  • However, profit-booking is expected at higher levels
  • Strong support zone for the Nifty stands at 25,125-25,275, with the upper range being around 25,600-25,700
  • Weakness may increase if Nifty stays below 25,350 or Nifty Bank below 56,800 in intraday trade

Which strategy to adopt in a dull market?

  • The market isn’t falling sharply
  • It tends to close around support levels, making it hard to take directional bets
  • One-sided moves are easier to trade; in this environment, participants’ positions may face adverse moves
  • It is better to keep positions light until clarity emerges
  • The larger trend in the market is still bullish
  • Nifty hasn’t closed below any key level yet
  • No big trade is visible in the index currently
  • One should wait for a range breakout
  • Until then, the focus should remain on sector- and stock-specific action

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

For existing long positions

  • Nifty intraday and closing stop loss at 25,350

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

For existing short positions:

  • Nifty intraday and closing stop loss at 25700

  • Nifty Bank intraday stop loss at 57,650 and closing stop loss at 57,450

For new positions in Nifty50:

  • Aggressive traders can buy Nifty in the 25,275-25,375 range with a strict stop loss at 25,200 for targets of 25,450, 25,500, 25,550, 25,600, 25,635 and 25,665

  • Aggressive traders can sell Nifty in the 25,550-25,650 range with a strict stop loss at 25,700 for targets of 25,500, 25,475, 25,450, 25,375, 25,275 and 25,250

For new positions in Nifty Bank:

  • Aggressive traders can buy Nifty Bank in the 56,475-56,675 range with a stop loss at 56,250 for targets of 56,825, 56,975, 57,150, 57,200, 57,325 and 57,450

  • There is no clear sell signal in the banking index yet

  • Aggressive traders can sell Nifty Bank in the 57,200-57,450 range with a stop loss at 57,650 for targets of 57,000, 56,850, 56,675, 56,625, 56,550 and 56,425

Stocks in F&O ban

  • New in ban: RBL Bank

  • Already in ban: None

  • Out of ban: None

 



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