Top Trades: These levels will be important for the index next week, you will also earn from these 5 stocks

According to Sudeep Shah of SBI Securities, FIIs are adopting a cautious stance amid global uncertainties. The long-short ratio of FIIs is only 25.36%, which shows that 74.64% of their index futures positions are on the short side. This means that FIIs are still largely hedged or positioned for negative sentiments.

In an interview with Moneycontrol, he said that until global trade tensions and bond yields stabilize, FIIs will likely remain cautious.

Market volatility due to Trump tariffs
Last week was the most volatile, with all major asset classes seeing turmoil. The volatility began when US President Donald Trump announced new tariffs and then global trade tensions increased. After this, the 10-year bond yield in the US saw a rise of more than 10%.

This week, Nifty also witnessed volatility. Every trading session saw either a big gap-up or gap-down. This gives an idea of ​​the volatility in the market. After hitting a low of 21,743 on Monday, Nifty showed a rise of more than 1,000 points. According to technical analysis and chart patterns, it would be advisable to adopt a cautious stance for the next week.

Important levels of Nifty next week
Talking about the important levels of Nifty, the zone of 22,600-22,550 will act as the first support for Nifty, while the zone of 23,000-23,050 will act as resistance. Strategy on Nifty Bank next week Bank Nifty is performing stronger than Nifty 50. Last week, Nifty broke its previous swing low, while Bank Nifty maintained its High Lows. Among the important levels of Bank Nifty, the zone of 51,500-51,600 will act as the first resistance. Which stocks to rely on next week? Referring to the stocks that will show good move next week, Sudip Shah said that buying would be recommended in Power Grid and Poonawalla Fincorp . On the other hand, Poonawalla Fincorp has recently crossed its swing high and is above the important moving average. He said that we are also bullish on PI Industries and Dixon Technologies . PI Industries has given a downward-sloping trendline breakout, while Dixon Technologies is on the verge of a significant breakout. This is the right time to add PNB Housing , while CG Power should be avoided for now. PNB Housing has outperformed the key index in the last few trading sessions, while CG Power is trading below its average. 

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