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By T3D - Published June 7, 2023
Bank Nifty 07-06-2023 Todays Prediction

Bank Nifty (07-06-2023) Today's Prediction and Key Levels: Support, Resistance, and Stop Losses

Support Range: 44000-44075

Strong Buying Zone: 43825-43950

Resistance Range: 44275-44325

Profit Booking Zone: 44425-44500

Key Indicators on June 7, 2023 (Wednesday) Show Changes in FIIs Long Positions, Nifty PCR, Nifty Bank PCR, and India VIX

1. FIIs Long Positions: Reduced from 50% to 46%

2. Nifty PCR: Increased from 1.00 to 1.01

3. Nifty Bank PCR: Increased from 0.87 to 0.97

4. India VIX: Increased by 2% to 11.38

Stop Loss Levels for Bank Nifty and Nifty on June 7, 2023 (Wednesday): Intraday and Closing Targets

Intraday Stop Loss for Bank Nifty: 43925

Closing Stop Loss for Bank Nifty: 43650

Intraday and Closing Stop Loss for Nifty: 18675

Intraday and Closing Stop Loss for Nifty Bank: 44550

Buy Nifty in the range of 18475-18535, with a Stop Loss at 18400 and Targets at 18575, 18660, 18635, 18660, and 18690.

 

 

Note: These figures are provided for study purposes only.

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