Pivot Levels
Nifty & Bank Nifty Pivot Points — Thursday, 4 June 2026
Pivot Levels — Thursday, 4 June 2026
Nifty closed at 23,416.55, sitting ~40 pts above its pivot and just 49 pts off the day's high — a firm close on a fairly contained 218-pt range. Bank Nifty mirrored the setup, finishing in the upper third of its range.
Nifty 50
| Level | Value | % from close |
|---|---|---|
| R3 | 23,723.47 | +1.31% |
| R2 | 23,594.38 | +0.76% |
| R1 | 23,505.47 | +0.38% |
| PP | 23,376.38 | -0.17% |
| S1 | 23,287.47 | -0.55% |
| S2 | 23,158.38 | -1.10% |
| S3 | 23,069.47 | -1.48% |
Bank Nifty
| Level | Value | % from close |
|---|---|---|
| R3 | 55,201.04 | +1.64% |
| R2 | 54,831.02 | +0.96% |
| R1 | 54,569.43 | +0.48% |
| PP | 54,199.42 | -0.20% |
| S1 | 53,937.83 | -0.68% |
| S2 | 53,567.82 | -1.36% |
| S3 | 53,306.23 | -1.85% |
Commentary
- Nifty's 218-pt range is on the tighter side — a clean break of R1 (23,505) or S1 (23,287) would extend the move; staying between them keeps the day rangebound.
- R1–S1 band on Nifty is just 218 pts wide, matching yesterday's full range. Worth watching whether today expands or compresses further.
- Bank Nifty's R1 at 54,569 sits only 261 pts above close — reachable inside an average session. S1 at 53,937 lines up just below the round 54,000 mark.
- Both indices closing in the upper third sets up a test of R1 early; failure there typically rotates back to PP.
Live levels and intraday updates: /nifty-pivot-points