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Anil Singhvi Market Strategy : Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index to emerge at 24,300-24,400 levels and a stronger support zone at 24,150-24,250 levels on Monday, July 22. For the Nifty Bank, he expects support to come in at 51,850-52,000 levels followed by a stronger support zone at 51,650-51,750 levels. Global: Negative FII: Positive DII: Neutral F&O: Neutral Sentiment: Neutral Trend: Positive FII long positions at 79 per cent vs 81 per cent the previous day Nifty put-call ratio (PCR) at 1.11 vs 1.40 Nifty Bank PCR at 0.76 vs 1.06 India VIX up two per cent at 14.83 He expects a higher zone for the headline index at 24,585-24,650 levels followed by a strong sell zone at 24,800-24,850 levels. For the banking index, he expects a higher zone at 52,450-52,575 levels and a strong sell zone at 52,675-52,825 levels. For existing long positions: For existing short positions: Nifty intraday stop loss at 24,675 and closing stop loss at 24,800 Nifty Bank intraday stop loss at 52,825 and closing stop loss at 53,000 For new positions in Nifty50: Sell Nifty with a stop loss at 24,675 for targets of 24,435, 24,400, 24,350, 24,300, 24,250, 24,200 and 24,150 The best range to buy Nifty is 24,150-24,300 with a stop loss at 24,100 for targets of 24,350, 24,400, 24,435, 24,500, 24,525 and 24,585 For new positions in Nifty Bank: Aggressive traders can sell Nifty Bank in the 52,575-52,775 range with a strict stop loss at 53,000 for targets of 52,450, 52,325, 52,275, 52,175, 52,075, 52,000, 51,850 and 51,750 Aggressive traders can buy Nifty Bank in the 51,750-51,850 range with a strict stop loss at 51,650 for targets of 52,000, 52,075, 52,175, 52,275, 52,375 and 52,450 Stocks in F&O ban Result Review HDFC Bank Kotak Mahindra Bank RBL Bank JSW Steel Stocks of the Day Buy ICICI Lombard futures with a stop loss at Rs 1,867 for targets of Rs 1,900, Rs 1,915 and Rs 1,930 Sell Reliance futures with a stop loss at Rs 3,140 for targets of Rs 3,050, Rs 3,020 and Rs 2,990 Sell Wipro futures with a stop loss at Rs 566 for targets of Rs 534, Rs 523, Rs 520 and Rs 515 Sell Canfin Homes: stop loss at 861 for targets of 835, 830, 820 Results below estimates NIMs declined, cost of borrowing up Sell Indian Hotel Futures: stop loss at 584 for targets of 570, 563, 550 Mixed results, Inline with estimates Nothing great, nothing bad Catch all the latest stock market updates here. For all other news related to business, market, tech and auto, visit . Get Latest Business News , Stock Market Updates and Videos ; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Business Twitter and Facebook . Subscribe on YouTube . None
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