Pivot Levels
Nifty & Bank Nifty Pivot Points — Tuesday, 16 June 2026
Nifty closed 29 points above its pivot on a 114-point range — well below the typical 150–180 pt session and right near the day's high. Tight range, strong close: classic setup for either a breakout continuation or a fade back into the pivot.
Nifty 50 — Pivot Levels for 16 June
| Level | Value | % from close |
|---|---|---|
| R3 | 24,146.17 | +0.65% |
| R2 | 24,074.38 | +0.36% |
| R1 | 24,031.77 | +0.18% |
| PP | 23,959.98 | −0.12% |
| S1 | 23,917.37 | −0.30% |
| S2 | 23,845.58 | −0.60% |
| S3 | 23,802.97 | −0.78% |
R1 sits just 43 points overhead — a normal range day takes that out easily. S1 to R1 spans only 114 points, mirroring yesterday's compressed range.
Bank Nifty — Pivot Levels for 16 June
| Level | Value | % from close |
|---|---|---|
| R3 | 57,762.60 | +0.81% |
| R2 | 57,581.15 | +0.50% |
| R1 | 57,439.15 | +0.25% |
| PP | 57,257.70 | −0.07% |
| S1 | 57,115.70 | −0.32% |
| S2 | 56,934.25 | −0.63% |
| S3 | 56,792.25 | −0.88% |
BankNifty's 323-point range is also on the tighter side. Close came in 40 points above PP — similar posture to Nifty. R1 to S1 spans 323 points, so a single ATR-style move covers the central band.
What the numbers imply
- Compressed ranges into a near-high close often resolve with an expansion day — either direction.
- Holding above PP keeps R1/R2 in play as the working band; losing it shifts focus to S1.
- R2 on both indices is a sub-0.5% move — reachable on any trending session.
Live levels and intraday updates at /nifty-pivot-points-today.