Nifty Cement Prediction for Tomorrow: Post-Expiry F&O Levels for 24 June 2026
- June 23, 2026
- Posted by: Kunal Singla
- Category: News
Nifty Cement closed 8,762 on 23 June 2026, -88.00 (-0.99%). Prev 8,850. Nifty 50 23,824.10 (-1.16%). VIX 14.23. BN expiry 24 June 2026. S1:8,700. R1:8,850.
The nifty cement prediction for tomorrow for 24 June 2026 is shaped by today’s negative close at 8,762 (-88.00, -0.99%) as the Nifty 50 fell -1.16% to 23,824.10 on the weekly options expiry day. Nifty Cement fell with broader market despite stable infrastructure demand and coal/petcoke cost stability. India VIX surged to 14.23 (+10.83%), reflecting elevated post-expiry uncertainty heading into Wednesday, which is the Bank Nifty weekly expiry day.
Ankit Jaiswal, Senior Research Analyst at Univest, and Associate Director Kunal Singla have reviewed today’s Nifty Cement price action, F&O data, and broader market context to present the nifty cement prediction for tomorrow. Wednesday’s Bank Nifty expiry will add a layer of intraday volatility that affects all sector indices including Nifty Cement.
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Nifty Cement Prediction for Tomorrow: Today’s Close Summary
- Close and Change: Nifty Cement settled at 8,762 (-88.00, -0.99%) on 23 June 2026 from the previous close of 8,850. Nifty Cement (new index, launched April 2026) declined alongside the broader market on expiry-day selling, despite stable infrastructure spending outlook.
- Market Context: Broad market selloff on Nifty 50 expiry day dragged most sectors lower. Only Nifty Pharma (+0.92%) and Nifty Healthcare (+0.54%) held positive. The nifty cement prediction for tomorrow reflects this post-expiry oversold setup.
- F&O Context: Nifty Cement is a new index with no direct F&O expiry on Wednesday. Cement sector stocks will see volatility from Bank Nifty expiry cross-index moves. Bank Nifty weekly expiry on 24 June 2026 will create additional intraday volatility that may temporarily amplify moves in sector indices.
Nifty Cement Prediction for Tomorrow: Key Levels
Trend: Cautiously Bearish | Support 8,700 | Resistance 8,850
| Level | Nifty Cement |
|---|---|
| Support 1 | 8,700 |
| Support 2 | 8,600 |
| Resistance 1 | 8,850 |
| Resistance 2 | 8,950 |
The nifty cement prediction for tomorrow from Ankit Jaiswal places 8,700 as the immediate support for Wednesday. A hold above this level would keep the near-term nifty cement prediction for tomorrow bias range-bound to cautious and target 8,850 as the first upside objective. A decisive break above 8,850 with volume would open 8,950. On the downside, a breach of 8,700 would expose 8,600 as the next support. The nifty cement prediction for tomorrow expects cross-index volatility from Bank Nifty expiry to influence the first and final trading hours tomorrow.
Nifty Cement F&O and Global Context for 24 June 2026
- Bank Nifty Expiry: Wednesday 24 June 2026 is the Bank Nifty weekly options expiry. The nifty cement prediction for tomorrow is subject to sympathetic volatility from this event, especially between 2:00 PM and 3:15 PM when expiry-day action peaks.
- VIX at 14.23: Post-Nifty expiry VIX at 14.23 signals an expected intraday range wider than normal for the nifty cement prediction for tomorrow. Use reduced position sizes and strict stop losses for Nifty Cement trades on Wednesday.
- Iran-US Talks: Day 3 of Switzerland negotiations. A breakthrough would boost broader risk appetite and improve the nifty cement prediction for tomorrow for cyclical sectors; a breakdown revives risk-off and pressures all indices.
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Trading Strategy: Nifty Cement Prediction for Tomorrow
- Use 8,700 as Pivot: The nifty cement prediction for tomorrow turns bullish above 8,700 and bearish below it. Confirm with volume before entering directional positions on Wednesday.
- Buy-on-Dip Setup: If Nifty Cement opens near 8,700 with a positive GIFT Nifty cue, the nifty cement prediction for tomorrow supports a long entry targeting 8,850. Stop at 8,600.
- Avoid Expiry Window Trades: Between 2:00 PM and 3:15 PM, Bank Nifty expiry volatility can drag all sector indices including Nifty Cement. The nifty cement prediction for tomorrow advises reducing positions in this window.
- Confirm with Nifty 50: The nifty cement prediction for tomorrow should be validated against Nifty 50’s direction. If Nifty 50 cannot reclaim 23,950 on Wednesday, the nifty cement prediction for tomorrow upside is limited even if Nifty Cement holds its support.
What Sentiment Indicates for nifty cement prediction for tomorrow
The nifty cement prediction for tomorrow is influenced by three factors: today’s expiry-day -0.99% move, the Bank Nifty expiry tomorrow, and Iran-US talk progress. Ankit Jaiswal notes that an oversold bounce attempt in Nifty Cement near 8,700 is technically plausible given the broad market selloff today, but the nifty cement prediction for tomorrow upside is capped at 8,850 unless global cues improve materially overnight.
Kunal Singla observes that DII buying of Rs 66,215 crore MTD in June provides structural support across all index levels including Nifty Cement. This backstop limits the downside in the nifty cement prediction for tomorrow even if FII selling continues, making the nifty cement prediction for tomorrow for Wednesday cautiously range-bound rather than aggressively bearish.
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Risks to nifty cement prediction for tomorrow
- Iran Talks Breakdown: An overnight collapse in Switzerland would revive risk-off and push the nifty cement prediction for tomorrow below 8,700 on a gap-down open for Wednesday.
- Bank Nifty Expiry Cascade: A cascading series of Bank Nifty expiry-day stop-losses could create sympathetic selling in Nifty Cement and breach the nifty cement prediction for tomorrow’s 8,700 support temporarily.
- Energy Cost Risk: Any crude oil reversal would raise freight and energy costs for cement manufacturers, worsening the nifty cement prediction for tomorrow below 8,700 support.
- FII Sustained Selling: If today’s provisional FII data shows outflows above Rs 3,000 crore, it worsens the nifty cement prediction for tomorrow opening for Wednesday.
Stocks to Watch Tomorrow, 24 June 2026
Ankit Jaiswal and Kunal Singla of Univest flag three equity stocks for Wednesday’s session. Tomorrow is Bank Nifty weekly expiry (24 June), adding volatility to banking names. These picks are based on today’s post-expiry oversold setup.
| Stock | CMP (23 June 2026) | Entry Zone | Target | Stop Loss |
|---|---|---|---|---|
| Sun Pharma | Rs 1,868.00 | Rs 1,862 to Rs 1,872 | Rs 1,900 to Rs 1,910 | Rs 1,845 |
| HDFC Bank | Rs 774.65 | Rs 772 to Rs 778 | Rs 790 to Rs 795 | Rs 763 |
| Reliance Industries | Rs 1,309.50 | Rs 1,305 to Rs 1,312 | Rs 1,330 to Rs 1,338 | Rs 1,292 |
Sun Pharma closed at Rs 1,868.00 today, the outperformer in a weak market, as Nifty Pharma (+0.92%) was among the very few positive sectors on 23 June 2026. Jaiswal flags entry at Rs 1,862 to Rs 1,872 targeting Rs 1,900. HDFC Bank at Rs 774.65 is oversold ahead of Bank Nifty expiry on Wednesday; Singla sees a pre-expiry short-covering bounce targeting Rs 790 to Rs 795 with stop at Rs 763. Reliance Industries closed at Rs 1,309.50, testing its low of Rs 1,304 today; Jaiswal sees Rs 1,305 to Rs 1,312 as a bounce entry targeting Rs 1,330 with stop at Rs 1,292.
Conclusion
The nifty cement prediction for tomorrow on 24 June 2026 is cautiously bearish with support at 8,700 and resistance at 8,850. Ankit Jaiswal notes that a hold above 8,700 is the base case for the nifty cement prediction for tomorrow in Wednesday’s session. The nifty cement prediction for tomorrow turns decisively positive only on a sustained reclaim of 8,850 with volume, which requires both positive global cues and a smooth Bank Nifty expiry outcome.
This nifty cement prediction for tomorrow is based on market data as of close of trade on 23 June 2026. Track GIFT Nifty before 9:15 AM and monitor Iran-US talk developments overnight for the latest inputs for the nifty cement prediction for tomorrow direction on 24 June 2026.
Disclaimer: Data and figures are sourced from publicly available information. Please verify all data with NSE (nseindia.com), BSE (bseindia.com), and MCX (mcxindia.com) before investing. Investments are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the nifty cement prediction for tomorrow, 24 June 2026?
Ans. The nifty cement prediction for tomorrow is cautiously bearish for 24 June 2026 after today’s close at 8,762 (-0.99%). Support is at 8,700 and resistance at 8,850. Bank Nifty expiry on Wednesday adds intraday volatility. Watch GIFT Nifty and Iran-US talk outcomes before the 9:15 AM open.
What is the Nifty Cement support and resistance for 24 June 2026?
Ans. Ankit Jaiswal places Nifty Cement support at 8,700 and 8,600 for the nifty cement prediction for tomorrow on 24 June 2026. Resistance levels are 8,850 and 8,950. A sustained move above 8,850 with volume would signal a bullish breakout from the nifty tomorrow Wednesday outlook’s current range-bound structure.
How does Bank Nifty expiry affect the nifty tomorrow Wednesday outlook?
Ans. Bank Nifty weekly expiry on Wednesday 24 June 2026 creates cross-index volatility between 2:00 PM and 3:15 PM that can temporarily break the nifty tomorrow Wednesday outlook’s support and resistance levels. Reduce position sizes in Nifty Cement during the Bank Nifty expiry window and use strict stop losses for the nifty tomorrow Wednesday outlook.
What stocks should traders watch alongside the nifty tomorrow Wednesday outlook?
Ans. For Wednesday’s session alongside the nifty tomorrow Wednesday outlook, Ankit Jaiswal and Kunal Singla flag Sun Pharma (defensive outperformer, entry Rs 1,862 to Rs 1,872, target Rs 1,900), HDFC Bank (pre-expiry bounce, entry Rs 772 to Rs 778, target Rs 790), and Reliance Industries (oversold bounce, entry Rs 1,305 to Rs 1,312, target Rs 1,330).
What global cues affect the nifty tomorrow Wednesday outlook for 24 June 2026?
Ans. GIFT Nifty direction, Iran-US talks progress, and US market overnight cues are the primary global inputs for the nifty tomorrow Wednesday outlook on 24 June 2026. A positive GIFT Nifty above 23,850 overnight would signal a bounce attempt for Nifty Cement near 8,700 on Wednesday opening.