Amid positive domestic institutional investors (DIIs) and global markets, neutral futures and options (F&O), negative foreign institutional investors (FIIs) and sentiment cues, the short-term trend of the domestic Indian markets will be Negative on Thursday, July 25, 2019. 

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Earlier on Wednesday, July 24, 2019, benchmark domestic indices closed with losses amid mixed cues from global equity markets. Sensex at Bombay Stock Exchange logged a modest loss of 135.09 points or 0.36% to settle at 37,847.65. Nifty at National Stock Exchange also slipped 59.75 points or 0.53% to end at 11,271.30 while Bank Nifty was 175.85 points or 0.60% down and settled at 28,952.25. 

Besides, the International Monetary Fund (IMF) has cut India’s growth forecast for 2019-20 to 7% from its forecast in April of 7.3% on poor demand conditions. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for July 25:
11,300 and 29,000 are going to be the deciding levels on Nifty and Bank Nifty respectively. 
Small day range for trading on Nifty stands at 11,225-11,325 while the medium and bigger ranges lie between 11,200-11,350 and 11,100-11,400 respectively. 
Small day range for trading on Nifty stands at 28,850-29,100 while the medium-range resides at 28,500-29,300. 
PCR near oversold, some short covering expected. 

For Existing Long Positions:
Nifty intraday and closing stop loss 11,225.
Bank Nifty intraday and closing stop loss 28,850. 

For Existing Short Positions:
Nifty intraday and closing stop loss 11,350. 
Bank Nifty intraday stop loss 29,125 and closing stop loss 29,300.

For New Positions:
Buy Nifty with a stop loss of 11,225 and target 11,300, 11,325, 11,350. 
Sell Nifty in 11,325-11,350 range with a stop loss of 11,400 and target 11,300, 11,275. 
Buy Bank Nifty with a stop loss of 28,850 and target 29,125, 29,200, 29,275. 
Sell Bank Nifty in 29,200-29,275 range with a stop loss of 29,350 and target 29,125, 29,075, 28,950. 

The put-call ratio (PCR) stands at 0.96 and the volatility index (VIX) is 12.76.

2 already in F&O Ban: Dish TV, IDBI

Result Analysis: Shriram Transport Futures: Weak Results but support at 885, 965 higher level. Stock may recover after a gap down opening. Wait for management concall. 
Buy Bharti Infratel Futures: Stop loss 260 and target 270. 

Stock of the Day: Sell IDFC First Bank Futures: Stop loss 38 and target 35.50, 34. Weak asset quality and heavy provisioning.