Nifty & Bank Nifty Pivot Points — Tuesday, 7 July 2026
Nifty & Bank Nifty pivots — Wednesday, 8 July 2026
Monday closed weak. Nifty gave up nearly the entire day's range and shut near the lows, Bank Nifty did much the same. Here's where the pivots sit for today.
Nifty 50
| Level | Value | % from close |
|---|---|---|
| R3 | 24,685.37 | +1.18% |
| R2 | 24,608.13 | +0.86% |
| R1 | 24,503.42 | +0.43% |
| PP | 24,426.18 | +0.11% |
| S1 | 24,321.47 | -0.32% |
| S2 | 24,244.23 | -0.63% |
| S3 | 24,139.51 | -1.06% |
Bank Nifty
| Level | Value | % from close |
|---|---|---|
| R3 | 58,955.50 | +1.30% |
| R2 | 58,768.30 | +0.98% |
| R1 | 58,484.50 | +0.49% |
| PP | 58,297.30 | +0.17% |
| S1 | 58,013.50 | -0.32% |
| S2 | 57,826.30 | -0.64% |
| S3 | 57,542.50 | -1.13% |
On Nifty, the level I'm watching is 24,426 — the pivot sits right above yesterday's close, so any push into it early will tell you whether sellers are still parked there or if we get a squeeze back toward R1 at 24,503. Below, 24,321 is the first real test. Lose that with volume and S2 near 24,244 opens up quickly.
Bank Nifty is the more interesting one. Close was almost exactly on S1 (58,013), which means the index is already sitting on a decision point. A gap-down opening near 57,900 puts S2 in play fast. On the upside, reclaiming 58,297 is the first thing bulls need — until then, rallies are just rallies. Not the cleanest setup either way, I'd keep size small in the first hour.
Live intraday levels here: /nifty-pivot-points-today.