Pivot Levels

Nifty & Bank Nifty Pivot Points — Wednesday, 24 June 2026

Nifty closed about 55 pts above its pivot after a wide 301-point swing yesterday — decent expansion day, and we're parked closer to R1 than to PP heading into Thursday's open. Bank Nifty did the same thing but more aggressively, closing 320 pts above its pivot on an 1180-pt range.

So both indices finished in the upper half of their daily range, which usually means the bulls have something to defend right at the open. Worth watching how PP behaves if we get any early dip.

Nifty 50 — levels for today

LevelValue
R324,445
R224,268
R124,145
Pivot23,967
S123,844
S223,666
S323,543

R1 at 24,145 is the one I'd flag — it's only ~0.5% from yesterday's close, so we'll likely tag it early if there's any continuation. PP at 23,967 is the line that matters on the downside; lose it and S1 around 23,844 comes into play quickly.

Bank Nifty — levels for today

LevelValue
R359,761
R259,009
R158,580
Pivot57,827
S157,398
S256,646
S356,217

BNF levels are spaced wider, as you'd expect from yesterday's 1181-pt range. R1 at 58,580 is just above yesterday's high (58,256) — so a clean break above the prior high more or less gets you to R1. PP at 57,827 sits comfortably below the close; that's your first real intraday support reference. Below that, S1 at 57,398 was roughly yesterday's low zone, so that's a meaningful level if tested.

Fwiw, both ranges yesterday were on the wider side, so don't be surprised if today opens with a gap or a quick directional move before settling. Manage size accordingly.

Live updates and intraday levels here: /nifty-pivot-points-today.