LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Anil Singhvi's Market Strategy for July 19: OMC positive; Buy JK Tyre with target Rs 128-130

The Benchmark S&P Sensex on Wednesday dropped down by 146.52 points (0.40%) to close at 36,373.44 while Nifty 50 also went down by 27.60 points (0.25%) at 10,980.45. Similarly, Nifty Bank was also down by 127.20 points (0.47%) to close at 26,880.90. This fall was led by selling in metal and automobile segment.   

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Anil Singhvi's Market Strategy for July 19: OMC positive; Buy JK Tyre with target Rs 128-130
Anil Singhvi suggests traders to reduce their buying positions if Nifty and BankNifty closes below 10,925 and 26,650. Image source: Youtube
Written By: ZeeBiz WebTeam
Updated: Thu, Jul 19, 2018
10:46 am
ZeeBiz WebDesk
RELATED NEWS
Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec
Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals
Tax rates on under-construction flats, houses to be slashed this week? How GST council meet may bring cheer for you; check market expectations Tax rates on under-construction flats, houses to be slashed this week? How GST council meet may bring cheer for you; check market expectations
How to become crorepati in 2019: Sensex seen at 47k, Nifty above 14k this year; Want a piece of equity? These stocks can be your best bet How to become crorepati in 2019: Sensex seen at 47k, Nifty above 14k this year; Want a piece of equity? These stocks can be your best bet
Macro data, rupee, oil to guide markets this week: Experts Macro data, rupee, oil to guide markets this week: Experts

The Benchmark S&P Sensex on Wednesday dropped down by 146.52 points (0.40%) to close at 36,373.44 while Nifty 50 also went down by 27.60 points (0.25%) at 10,980.45. Similarly, Nifty Bank was also down by 127.20 points (0.47%) to close at 26,880.90. This fall was led by selling in metal and automobile segment. 

Amid positive global, neutral domestic institutional investors (DIIs), future and option (F&O), foreign institutional investors(FII) cues, the short term domestic market is going to be neutral on July 19, 2018. However, the traders are advised to be cautious while trading in the market today.  

Zee Business's Managing Editor Anil Singhvi's Market Strategy for July 19:
11,000 and 26,9000 are going to be the deciding levels on Nifty and BankNifty. 

Small trade range on Nifty stands between 10,925-11,075. 

In case of BankNifty, small trade range lies at 26,800-27,000 while the bigger range is at 26,650-27,175.

Strong support zone on Nifty and BankNifty lies between 10,900-10,925 and 26,650-26,700 respectively. 

However, Anil Singhvi suggests traders to reduce their buying positions if Nifty and BankNifty closes below 10,925 and 26,650. 

Sell and buy strategy on Nifty 
Buy Nifty with a stop loss of 10,900 and a target of 11,020-11,075. 

Sell Nifty near 11,075 with a stop loss of 11,125 and a target of 11,025-11,000. 

Watch this Zee Business video here:

Sell and buy strategy on BankNifty 
Buy BankNifty with a stop loss of 26,650 and a target of 27,000-27,150. 

Sell BankNifty near 27150 with a stop loss of 27,200 and a target of 27,000.

The put-call ratio (PCR) for July 19 stands at 1.65 and the volatility index (VIX) is 13.68.  

Positive: OMC, buy on dips.

Out of F&O Ban: Jet Air

Already in Ban: Adani Ent., Adani Power

Stock of the Day: Buy JK Tyre Target Rs 128-130
 

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 Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Indian markets
RELATED NEWS
Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec Market Trend Positive! Any dips down to the level of 11800-11750 on NSE Nifty is a buy on dips opportunity, says HDFC Sec
Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals Goldman Sachs sees Nifty at 12,500-mark in 12 months - What all research note predicts, reveals
Tax rates on under-construction flats, houses to be slashed this week? How GST council meet may bring cheer for you; check market expectations Tax rates on under-construction flats, houses to be slashed this week? How GST council meet may bring cheer for you; check market expectations
How to become crorepati in 2019: Sensex seen at 47k, Nifty above 14k this year; Want a piece of equity? These stocks can be your best bet How to become crorepati in 2019: Sensex seen at 47k, Nifty above 14k this year; Want a piece of equity? These stocks can be your best bet
Macro data, rupee, oil to guide markets this week: Experts Macro data, rupee, oil to guide markets this week: Experts

LATEST NEWS

West Bengal Schools Closed Latest News 2021: Schools to stay closed from tomorrow says education minister Partha Chatterjee

CBSE CISCE Board Exams 2021 POSTPONED: Class 10 class 12 board exam candidates must know these IMPORTANT points - check here

Google Doodle celebrates Dr Vera Gedroits 151st birthday - here's all you need to know about her

Radhakishan Damani stocks: These two gave bumper returns; check what experts have to say

Delhi Lockdown - Check who is allowed, who is not during a week-long lockdown in Delhi

Man Industries has an order book of Rs 2,000 crore: Dr. R C Mansukhani, Chairman

Cipla, Cadila Healthcare, Glenmark Pharma: Technicals highlighted by Bonanza Portfolio

Alert! THIS forwarded link on your WhatsApp with APK download link is a trap; Don't click - Check all details here

PUBG Mobile Lite Update: Season 24 release date revealed, check WP rewards, APK download link and more

Delhi Lockdown: Check major announcements from CM Arvind Kejriwal, timings, e-pass and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved