Market Prediction Today (13th June 2026)

Nifty Prediction Today

Today, Nifty 50 prediction suggests a Bearish range between 23250 and 23850, with strong support at 23250-23300 and resistance at 23800-23850. Traders should monitor these crucial levels closely for potential market shifts.

Nifty Support and Resistance Level Today

• Nifty Support: 23250-23300
• Nifty Resistance: 23800-23850
• BIAS: Sideways to Bullish

Indian equity benchmark Nifty index witnessed a positive close on 11th June 2026. The index opened with a gap-down of 110.55 points at 23,104.40 compared to the previous close of 23,214.95. Selling pressure was visible early in the session, dragging the index to an intraday low of 23,072.05 in the first half itself. However, strong buying interest emerged from lower levels and triggered a sharp intraday recovery of 255.40 points from low to high. The index climbed to an intraday high of 23,327.45 during the first half, but the rally failed to sustain as profit booking emerged at higher levels in the latter half of the session. The Nifty eventually settled at 23,161.60, ending the day with a decline of 53.35 points or 0.23%. On the daily timeframe, the index formed an inverted hammer-like candlestick pattern, indicating buying support from lower levels despite weakness at the close. The long upper shadow reflects rejection from higher levels, while the recovery from the intraday low suggests that buyers attempted to defend the support zone.

Sectorally, the market witnessed mixed performance with a negative bias. IT, Consumer Durables, Chemicals, Realty, PSU Banks, and FMCG remained under pressure, while Media, Pharma, Healthcare, and Private Banks showed relative resilience. Broader market breadth remained weak, with declining stocks significantly outnumbering advancing stocks, reflecting continued caution across the broader market.

Bank Nifty Prediction Today

Today, Bank Nifty prediction suggests a Bearish range between 56000 and 57500, with strong support at 56000-56200 and resistance at 57300-57500. Traders should monitor these crucial levels closely for potential market shifts.

Bank Nifty Support And Resistance Today

• Bank Nifty Support: 56000-56200
• Bank Nifty Resistance: 57300-57500
• BIAS: Sideways to Bullish

The Bank index opened with a sharp gap-down of 320.65 points at 54,779.65 against the previous close of 55,100.30. It registered its intraday low of 54,753.15 within the first few minutes of trade, but buying interest quickly emerged and triggered a strong rebound. The index rallied nearly 847 points from low to high, reaching an intraday high of 55,600.15 in the first half itself. However, profit booking from higher levels capped the upside during the second half, and Bank Nifty eventually settled at 55,176.75, ending the session with a gain of 76.45 points or 0.14%. On the daily timeframe, Bank Nifty formed a bullish candlestick pattern, indicating resilience in the banking space despite the weak start to the session. The recovery from lower levels suggests that buyers remained active near support zones.

From a technical perspective, immediate support is placed in the 54,300–54,400 zone, while resistance is observed in the 56,000–56,100 range. The Relative Strength Index (RSI) stands at 55.24, indicating relatively stronger momentum compared to the broader market.

Markets witnessed a volatile session with both benchmark indices opening sharply lower but recovering strongly during the first half. However, profit booking at higher levels prevented a decisive breakout, resulting in mixed closing performances. Nifty ended slightly lower, while Bank Nifty managed to close with marginal gains. Broader market breadth remained negative, indicating that caution still persists beneath the headline indices. Going forward, sustained movement above immediate resistance zones will be crucial for confirming stronger recovery momentum, while support levels near recent lows remain important for short-term market direction.

Sensex Prediction Today

Today, Sensex prediction suggests a bearish range between 74500 and 76200, with strong support at 74500-74700 and resistance at 76000-76200. Traders should monitor these crucial levels closely for potential market shifts.

Sensex Support And Resistance Today

• Sensex Support: 74500-74700
• Sensex Resistance: 76000-76200
• BIAS: Sideways to Bullish

On 11th June 2026, the BSE Sensex closed at 73,832, declining by approximately 150 points in a volatile trading session. The benchmark index traded within a narrow range for most of the day before witnessing profit booking in the latter half, as investors remained cautious amid global geopolitical concerns, elevated crude oil prices, and uncertainty ahead of key global macroeconomic events. Market breadth remained mixed, indicating stock-specific action despite weakness in the broader sentiment.

From a technical perspective, the Sensex formed a long upper-shadow candle, reflecting selling pressure at higher levels and a lack of conviction among buyers near resistance zones. The index failed to sustain intraday gains, suggesting that traders continue to adopt a cautious approach while the market remains trapped within a consolidation phase. The broader structure remains weak as the index continues to trade below key short-term moving averages.

Momentum indicators present a mixed-to-negative outlook. The Relative Strength Index (RSI) remains below the neutral 50 mark, indicating subdued momentum, while the prevailing lower-high, lower-low structure suggests that the market is still under corrective pressure. However, buying interest continues to emerge on declines, preventing a sharper downside move and keeping the consolidation range intact.

Among the major gainers, ICICI Bank, Axis Bank, Kotak Mahindra Bank, provided support to the index. On the losing side, HCL Technologies, Infosys, LT, Hdfc Bank, and Bajaj Finance were among the key drags, reflecting weakness in IT, metals, and commodity-linked counters.

Technically, immediate support for the Sensex is placed near 72,900–73,000. A decisive break down below these levels could accelerate corrective weakness. On the upside, immediate resistance is visible near 74,600–74,700, while a sustained move above 74,800 may trigger fresh buying interest and improve the short-term outlook.

Overall, the short-term trend remains cautiously negative to range-bound. The market needs a decisive breakout above resistance levels to revive bullish momentum, while support zones are expected to attract selective buying interest on declines

Indian VIX Prediction For Today

From a technical perspective, immediate support is placed in the 22,900–23,000 zone, while resistance is observed in the 23,250–23,300 range. The Relative Strength Index (RSI) stands at 35.77, indicating weak momentum and continued pressure on the benchmark index. The volatility index, India VIX, surged 7.85% to close at 17.02, indicating a rise in market volatility and growing uncertainty among traders. In the derivatives segment, notable call writing was observed at the 23,300 and 23,400 strikes, while put writing was concentrated at the 23,100 and 23,000 levels, indicating a broader trading range with support positioned near lower levels

Register to receive daily and weekly stock market predictions for the Nifty and Bank Nifty, including with range, support, and resistance levels.  Join Now