Anil Singhvi's Market Strategy for July 25: Positive on capital goods; Hexaware stock of the day

The Sensex closed in a green on Tuesday after touching the all-time high of 36,902.06. S&P BSE Sensex closed at 36,825.10 after gaining 106.50 points (0.29%), while Nifty 50 closed 49.55 points (0.45%) high at 11,134.30. However, there was a decline of 33.75 points (0.12%) in Bank Nifty and it closed at 26,974.40. 

Positive cues from foreign institutional investors (FII), domestic institutional investors (DIIs), neutral future and option (F&O) and strong sentiments suggest that the Indian market will remain positive on July 25, 2018. 

Zee Business's Managing Editor Anil Singhvi's Market Strategy for July 25:

11,100 and 27,000 are going to be the deciding level on Nifty and BankNifty. 

Small trade range on Nifty lies between 11,075-11,175 and the bigger range stands between 11,025-11,200.

In the case of BankNifty, the small trade range stands at 26,850-27,125, while the bigger range lies between 26,725-27,200.

Important support zone on Nifty and BankNifty lies at 11,025-11,075 and 26,725-26,875 respectively. 

However, Anil Singhvi suggests traders to reduce their buying positions if Nifty and BankNifty close below 11,000 and 26,775. 

Buy and Sell Strategy on Nifty 

Buy Nifty with a stop loss of 11,025 and a target of 11,150-11,175-11,200. 
Sell Nifty near 11175 with a stop loss of 11,200 and a target of 11,125-11,100.

Buy and Sell Strategy on Bank Nifty 

Buy Bank Nifty with a top loss of 26,850 with a target of 27,150-27,250. 
Sell Bank Nifty near 27125 with a stop loss of 27225 and a target of 27000. 

The put-call ratio (PCR) for July 25 stands at 1.89 and the volatility index (VIX) is 12.47.

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Positive: Capital Goods

Profit booking in Cement

Enter in F&O Ban: Adani Ent

Stock of the Day: Sell Hexaware Target 480, 465, 450 SL 505

Poor margins, high valuation, Stock already ran before results