Anil Singhvi Strategy on July 1: Support Zone on Nifty is 15675-15725, Bank Nifty is 33100-33200

Amid detrimental international markets, detrimental International Institutional Buyers (FIIs), constructive Home Institutional Buyers (DIIs), impartial Future & Choices (F&O) and impartial sentiment, the short-term development of the Indian market might be detrimental on Friday, July 1, 2022, mentioned Zee Enterprise Managing Editor Anil Singhvi.  

Earlier, benchmarks Nifty50 slipped under 15,800, whereas the Sensex dropped merely 8 factors to finish close to the 53,000-mark on Thursday amid volatility within the international market. Following headline indices, Nifty Midcap and smallcap indices declined by round half per cent within the broader market on Juen 30.  

Right here is Anil Singhvi’s technique on Nifty, Financial institution Nifty on July 1 

Nifty assist zone is 15675-15725, under that 15550-15625 is a powerful purchase zone 
 
Nifty increased zone is 15850-15900, above that 15925-16000 is a powerful revenue reserving zone 
 
Financial institution Nifty assist zone is 33100-33200, under that 32650-32850 is a powerful purchase zone 
 
Financial institution Nifty increased zone is 33650-33800, above that 34000-34150 is a powerful revenue reserving zone 
 
Nifty assist ranges 15750, 15725, 15700, 15675, 15650, 15625, 15550 
 
Nifty increased ranges 15800, 15850, 15890, 15925, 15975, 16000 
 
Financial institution Nifty assist ranges 33300, 33200, 33125, 33000, 32925, 32850, 32750, 32650 
 
Financial institution Nifty increased ranges 33500, 33650, 33725, 33800, 33900, 34000 
 
FIIs Index Lengthy at oversold ranges at 15% Vs 16%, brief protecting anticipated 
PCR at 1.16 Vs 1.05 
India VIX unchanged at 21.84 

 
For Current Lengthy Positions: 
 
Nifty Intraday n Closing SL 15650 
BankNifty Intraday n Closing SL 33100 

 
For Current Brief Positions: 
 
Nifty Intraday n Closing SL 15950 
BankNifty Intraday n Closing SL 33850 

For New Positions: 
 
Purchase Nifty in 15675-15750 vary: 
SL 15550 Tgt 15775, 15800, 15850, 15890, 15925, 15975 
 
Promote Nifty in 15850-15925 vary: 
SL 16000 Tgt 15800, 15750, 15725, 15700, 15675, 15650, 15625 
 
For New Positions: 
 
Purchase BankNifty in 33100-33200 vary: 
SL 33000 Tgt 33300, 33425, 33500, 33650, 33725, 33800 
 
Aggressive Merchants Purchase BankNifty: 
Strict SL 33100 Tgt 33500, 33650, 33725, 33800, 33900, 34000 
 
Promote BankNifty in 33650-33800 vary: 
SL 34000 Tgt 33500, 33425, 33300, 33200, 33125 
 
F&O Ban Replace: 
Out Of Ban: Solar TV 
Already In Ban: Nil 
New In Ban: Nil