Nifty & Bank Nifty Pivot Points — Thursday, 2 July 2026
Morning folks — quick look at where we're placed heading into Thursday's session. Nifty had a pretty tight day yesterday, just 136 points range, and closed at 24,175 which is comfortably above the pivot at 24,143. Bank Nifty was a bit more lively (512 pt range) but ended weak-ish at 58,031, sitting just below its pivot of 58,104. So the two indices are in slightly different spots going in — worth noting.
For Nifty, the level I'd actually watch is 24,143 (PP) — as long as we hold above it, R1 at 24,227 is the obvious near-term test. Lose the pivot and 24,091 (S1) becomes the intraday battleground. Honestly the R2/S2 stuff feels a bit far given how compressed yesterday was, so I wouldn't overthink those unless we get a gap.
Bank Nifty is the more interesting one imo. Close was below pivot, so 58,104 becomes the reclaim level bulls want. Below that, 57,812 (S1) is the first real support and 57,592 (S2) is where I'd expect some proper reaction if things unwind. On the upside, 58,323 is R1 but the real supply zone is closer to 58,600 given yesterday's high was 58,396. Gap-up opens above 58,323 change the picture quickly — heads up on that.
Nifty 50 — Pivot Levels
| Level | Value |
|---|---|
| R2 | 24,278.77 |
| R1 | 24,227.23 |
| Pivot | 24,143.02 |
| S1 | 24,091.48 |
| S2 | 24,007.27 |
Bank Nifty — Pivot Levels
| Level | Value |
|---|---|
| R2 | 58,615.62 |
| R1 | 58,323.63 |
| Pivot | 58,104.12 |
| S1 | 57,812.13 |
| S2 | 57,592.62 |
Fwiw, if you want live updating levels through the day, they're on /nifty-pivot-points-today.