Home » Stock Market Prediction for Nifty & Bank Nifty 09 June 2026

Stock Market Prediction for Nifty & Bank Nifty 09 June 2026

In today’s stock market, Sensex slips 117 pts; Nifty near 23,360 as IT & metal stocks drag, while banks lend support.

Stock Marspin maya casinoket Nifty Chart Prediction

On June 08, The market closed sharply lower, with the Sensex declining 719.08 points to settle at 73,524.26, while the Nifty fell 243.70 points to close at 23,123.00. Market breadth remained weak as 1,172 shares advanced, 3,007 shares declined, and 154 shares remained unchanged.

Top Nifty gainers: Adani Enterprises, Hindustan Unilever, Adani Ports, Bajaj Finance
Top Nifty Losers : Max Healthcare, Power Grid Corporation, Bharat Electronics, Tech Mahindra and Nestle

Sectorally, all indices ended in negative territory. The Realty and Metal indices were the worst performers, declining more than 2% each. Selling pressure was also visible across Auto, Consumer Durables, IT, Media, Infrastructure, Power, Energy and Oil & Gas sectors, all of which fell over 1% during the session.

The broader market underperformed the benchmarks, with the Nifty Midcap 100 index declining 1.4%, while the Nifty Smallcap 100 index shed 1.9%.

Best Stocks aviatorof the day according to AI (Delta Dash)

Worst Stocks of thteen pattie day according to AI (Delta Dash)

Stock Prediction for 09 June 2026

Prediction for Monday NIFTY can go up if it goes above 23,600 or down after the level of 23,200, but it also depends upon the Global cues.

The Nifty opened the week with a gap-down and attempted a recovery during the session but failed to hold higher levels, resulting in a small bullish candle with a long upper shadow. Immediate support is placed at 23,000; a decisive break below this level could extend the decline towards 22,700. On the upside, sustained trading above 23,500 may trigger a short-covering rally.

The overall market structure remains weak, as the MACD continues to indicate a bearish crossover while the RSI is trending lower. The index is also trading below its short-term and long-term moving averages, reflecting a negative bias. Resistance is placed in the 23,000–23,600 zone, while support is seen between 22,800 and 22,400.

Highest Call Writing at
23,000 (1.6 Cr)
Highest Put Writing at
23,800 (1.0 Cr)

Nifty Support and Resistance

Support 22,800 and 22,400
Resistance
23,000–23,600

Bank Nifty Daily Chart Prediction

Prediction For Monday BANKNIFTY can go up if it goes above 54,300 or down after the level of 53,900, but it also depends upon the Global cues.

Bank Nifty formed a small green candlestick on the daily chart, indicating buying interest at lower levels. However, the index continues to trade within a consolidation range and remains stuck in a congestion zone.

The lower-top formation remains intact, highlighting the absence of strong bullish conviction in the broader trend. A decisive breakout above resistance or a breakdown below support is likely to determine the next directional move.

The index witnessed selling pressure near its 50-day moving average, while the RSI remains range-bound, reflecting a lack of strong momentum. Resistance is placed in the 54,300–54,600 zone, whereas support is seen between 53,900 and 53,400.

Highest Call Writing at54,300 (20.3 Lk)
Highest Put Writing at 53,900 (12.5 Lk)

Bank Nifty Support and Resistance

Support 53,900 and 53,400
Resistance
54,300–54,600

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