Market Strategy Today (July 2): How to trade Nifty 50, Nifty Bank today? Key levels to track & more
: 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.
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.
:
Stocks in F&O ban
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
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
- 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