Bank Nifty (12-06-2023) Today's Prediction and Key Levels: Support, Resistance, and Stop Losses

Support Range: 43820-43925

Strong Buying Zone: 43675-43775

Resistance Range: 44175-44375

Profit Booking Zone: 44350-44575

Key Indicators on June 12, 2023 (Monday) Show Changes in FIIs Long Positions, Nifty PCR, Nifty Bank PCR, and India VIX

1. FIIs Long Positions: Reduced from 48% to 46%

2. Nifty PCR: Increased from 1.06 to 0.84

3. Nifty Bank PCR: Increased from 0.77 no chnages

4. India VIX: Increased by 1.12% to 11.12

Nifty (12-06-2023) Today's Prediction and Key Levels: Support, Resistance, and Stop Losses

Support Range: 18550-18650

Strong Buying Zone: 18465-18535

Resistance Range: 18660-18690

Profit Booking Zone: 18725-18875

Stop Loss Levels for Bank Nifty and Nifty on June 12, 2023 (Monday): 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: 18485

Intraday and Closing Stop Loss for Nifty Bank: 43665

Buy Nifty in the range of 18450-18550, with a Stop Loss at 18400 and Targets at 18675, 18690, 18750, 18775, and 18790.

Today's Strategist

No worries unless Nifty closes below 18450, Bank Nifty 43650

Note: These figures are provided for study purposes only.