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Market Strategy Today (July 8): How to trade Nifty 50, Nifty Bank today? Key levels to track & more

Published 4 days ago1 minute read

: Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 index at 25,335-25,400 levels and a strong buy zone at 25,125-25,265 levels on Tuesday, July 8. For the Nifty Bank, the market wizard expects support at 56,625-56,775 levels and a stronger base at 56,425-56,550 levels. 

The market wizard expects a higher zone at 25,500-25,580 levels and a profit-booking zone at 25,600-25,670 levels for the headline index.

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

:

Stocks of the Day: Kotak Mahindra Bank, Titan, Divi's Labs, Sobha

Buy Kotak Bank futures for targets of Rs 2,175, Rs 2,195, Rs 2,220 and Rs 2,245 with a stop loss at Rs 2,130  

Sell Titan futures for targets of Rs 3,640, Rs 3,605 and Rs 3,570 with a strict stop loss at Rs 3,710 

Buy Divi's futures for targets of Rs 6,945, Rs 7,040 and Rs 7,125 with a stop loss at Rs 6,800 

Buy Sobha shares for targets of Rs 1,530, Rs 1,545 and Rs 1,565 with a stop loss at Rs 1,495 

  • There is a strong quarterly update
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