Support Range: 43800-43925
Strong Buying Zone: 43525-43675
Resistance Range: 44175-44275
Profit Booking Zone: 44350-44475
Key Indicators on June 9, 2023 (Friday) Show Changes in FIIs Long Positions, Nifty PCR, Nifty Bank PCR, and India VIX
1. FIIs Long Positions: Reduced from 50% to 48%
2. Nifty PCR: Increased from 1.38 to 1.06
3. Nifty Bank PCR: Increased from 0.95 to 0.77
4. India VIX: Increased by 1.62% to 11.26
Support Range: 18575-18625
Strong Buying Zone: 18465-18535
Resistance Range: 18660-18690
Profit Booking Zone: 18725-18775
Stop Loss Levels for Bank Nifty and Nifty on June 9, 2023 (Friday): Intraday and Closing Targets
Intraday Stop Loss for Bank Nifty: 43950
Closing Stop Loss for Bank Nifty: 43675
Intraday and Closing Stop Loss for Nifty: 18475
Intraday and Closing Stop Loss for Nifty Bank: 43650
Buy Nifty in the range of 18475-18535, with a Stop Loss at 18400 and Targets at 18675, 18690, 18735, 18760, and 18790.
Note: These figures are provided for study purposes only.