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Market Strategy Today (July 17): How to trade Nifty 50, Nifty Bank today? Key levels to track & more

Published 1 day ago1 minute read

: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,075-25,150 levels and a strong buy zone at 24,865-25,000 levels on Thursday, July 17. For the Nifty Bank, the market wizard expects support at 56,850-57,000 levels and a strong buy zone at 56,600-56,750 levels. 

The market wizard expects a higher zone at 25,325-25,400 levels and a strong sell zone at 25,425-25,550 levels for the headline index.

For the banking index, he expects a higher zone at 57,300-57,450 levels and a profit-booking zone at 57,500-57,625 levels.

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Tech Mahindra 

Angel One

Stocks of the Day

Buy SBI futures for targets of Rs 845 and Rs 855 with a stop loss at Rs 814; long-term target at Rs 1,000

Buy IXIGO shares for targets of Rs 181, Rs 184 and Rs 186 with a stop loss at Rs 175 

  • Results are strong on all parameters

Buy Wipro futures for targets of Rs 263, Rs 266 and Rs 269 with a stop loss at Rs 254 

  • IT stocks are looking strong post-Tech Mahindra results

Buy Hindalco futures for targets of Rs 673, Rs 680 and Rs 688 with a stop loss at Rs 660 

  • Alcoa has declared very strong results 
  • Dollar Index is stable after sharp run-up
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