Nifty IT Prediction for Tomorrow: F&O Levels and Outlook for 23 June 2026
- June 22, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Nifty IT closed 27,628.55 on 22 June 2026, +0.74%. Prev close 27,426.85. Nifty 50 24,102.90. VIX 27.32. Futures 27,660.
The nifty it prediction for tomorrow for 23 June 2026 is shaped by today’s close at 27,628.55 (+201.70, +0.74% from 27,426.85), a +positive session driven by recovery from Friday’s Accenture-triggered selloff, with global IT sentiment turning positive. The broader Nifty 50 closed at 24,102.90 (+0.37%) while India VIX rose to 27.32, reflecting elevated near-term uncertainty ahead of the Nifty 50 weekly expiry on 23 June 2026.
Ankit Jaiswal, Senior Research Analyst at Univest, and Associate Director Kunal Singla have analysed today’s Nifty IT price action, F&O data, and sector-specific triggers to present the nifty it prediction for tomorrow. Their analysis covers key support and resistance levels, futures positioning, and the broader market backdrop for Tuesday’s session.
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Nifty IT Prediction for Tomorrow: Today’s Close Summary
- Close and Change: Nifty IT settled at 27,628.55 on 22 June 2026, moving +201.70 (+0.74%) from the previous close of 27,426.85. Nifty IT surged +0.74%, the second-best sector performer today, recovering from Friday’s sharp Accenture-triggered selloff.
- F&O Snapshot: Nifty IT futures closed at 27,660 with a ~31 pts premium premium over spot. No direct Nifty IT F&O expiry on Tuesday. However, individual IT stock F&O positions from the Friday selloff will influence Tuesday’s session. Intraday high was 27,900 and low was 27,200.
- Broader Market: Nifty 50 (+0.37%), Bank Nifty (+0.43%), and most sector indices ended positive on 22 June 2026, supported by Iran-US peace talk optimism and recovering IT sector (+0.74%).
Nifty IT Prediction for Tomorrow: Technical Analysis
Trend: Cautiously Bullish | Key Range: 27,400 to 27,900
| Level | Nifty IT |
|---|---|
| Support 1 | 27,400 |
| Support 2 | 27,200 |
| Resistance 1 | 27,900 |
| Resistance 2 | 28,100 |
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The nifty it prediction for tomorrow from Ankit Jaiswal places 27,400 as the immediate support for Tuesday. A hold above this level keeps the near-term bias constructive and targets 27,900 as the first upside objective. A decisive break above 27,900 with volume would open the path toward 28,100. On the downside, a breach of 27,400 would expose 27,200 as the next support. Jaiswal notes the nifty it prediction for tomorrow is constructively bullish above 27,400 as the market tests whether Friday’s recovery is sustainable. Futures at ~27,660 maintain a 31-point premium.
Nifty IT F&O Analysis for 23 June 2026
- Futures Close: Nifty IT futures closed at 27,660 on 22 June 2026, maintaining a ~31 pts premium premium. The nifty it prediction for tomorrow is underpinned by this positive carry signal.
- Nifty 50 Expiry Context: Tuesday 23 June 2026 is the Nifty 50 weekly expiry (moved to Tuesdays since September 2025). Broad market volatility from expiry will affect the nifty it prediction for tomorrow in the first and final trading hours.
- VIX Impact: India VIX at 27.32 signals elevated near-term volatility. Sector indices including Nifty IT tend to exhibit wider intraday ranges when VIX is elevated on an expiry day.
Global and Macro Cues for Nifty IT Prediction for Tomorrow
- Iran-US Talks: Day 2 of negotiations in Switzerland is the key macro event. A breakthrough would broadly lift Indian equities and specifically benefit Nifty IT via improved investor sentiment and potential FII reversal.
- US Markets: S&P 500 (+1.09%), Nasdaq (+1.91%) provided a positive overnight base. GIFT Nifty at ~24,120 signals a positive pre-open for Tuesday that should support Nifty IT.
- DII Support: DIIs net bought Rs 3,516 crore on 18 June, providing structural support that prevents panic selling even on FII pressure days. This backstop is positive for the nifty it prediction for tomorrow.
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Trading Strategy Based on Nifty IT Prediction for Tomorrow
- Long Setup: The nifty it prediction for tomorrow suggests buying on dips to 27,400 with stop at 27,200 and initial target at 27,900. Use the broader Nifty 50 expiry session confirmation before entering.
- Breakout Play: A sustained move above 27,900 with volume confirms the nifty it prediction for tomorrow bullish case. Target 28,100 with stop at 27,400.
- Expiry Caution: Nifty 50 expiry volatility on Tuesday can drag sector indices. The nifty it prediction for tomorrow advises waiting for 10:00 AM before committing to directional positions.
- Position Sizing: VIX at 27.32 warrants reduced leverage. The nifty it prediction for tomorrow recommends half-normal position sizes for the expiry session.
What OI and Flow Data Indicate for the nifty it prediction for tomorrow
FII net selling of Rs 47,903 crore MTD in June has been fully absorbed by DII buying of Rs 66,215 crore MTD. This net flow dynamic is positive for the nifty it prediction for tomorrow and suggests institutional demand is keeping the index supported even on days of foreign selling pressure.
Kunal Singla notes that Nifty IT futures premium of ~31 pts premium reflects positive carry positioning for Tuesday. A compression of this premium intraday on Tuesday would signal that sellers are becoming active at current levels and would be an early warning for the nifty it prediction for tomorrow outlook.
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Risks to the nifty it prediction for tomorrow
- Iran Talks Collapse: An overnight breakdown in Switzerland would trigger broad risk-off, dragging the nifty it prediction for tomorrow below 27,400 on a gap-down open for Tuesday.
- Nifty Expiry Shock: An unexpected Nifty 50 expiry outcome could create cross-sector volatility that temporarily breaks the nifty it prediction for tomorrow’s support levels.
- US Tech Reversal: If Nasdaq reverses overnight, the nifty it prediction for tomorrow would face pressure below 27,400, potentially testing 27,200 support as the Friday Accenture sentiment revives.
- FII Selling: If Monday provisional FII data shows outflows above Rs 2,000 crore, it dampens the opening tone for the nifty it prediction for tomorrow despite positive global cues.
Conclusion
In summary, the nifty it prediction for tomorrow on 23 June 2026 is cautiously positive with 27,400 as the critical support and 27,900 as the key resistance. Ankit Jaiswal notes that a hold above 27,400 with positive global cues from Iran-US talks would keep the nifty it prediction for tomorrow constructively bullish. The nifty it prediction for tomorrow turns decisively positive only on a sustained break above 27,900.
This nifty it prediction for tomorrow is based on market data as of close of trade on 22 June 2026. Track GIFT Nifty before 9:15 AM and monitor the Nifty 50 expiry volatility for real-time confirmation of the nifty it prediction for tomorrow direction on 23 June 2026.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities 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 it prediction for tomorrow?
Ans. The nifty it prediction for tomorrow on 23 June 2026 is cautiously bullish with support at 27,400 and resistance at 27,900. Nifty IT closed at 27,628.55 on 22 June 2026, +201.70 (+0.74%). Watch GIFT Nifty and Iran-US talks outcome before the 9:15 AM open.
What is the Nifty IT support and resistance for 23 June 2026?
Ans. Ankit Jaiswal places Nifty IT support at 27,400 and 27,200 for 23 June 2026. Resistance levels are 27,900 and 28,100. A sustained break above 27,900 with volume would confirm the nifty it prediction for tomorrow bullish outlook for Tuesday.
How does Nifty 50 expiry affect the nifty it prediction for tomorrow?
Ans. The Nifty 50 weekly expiry on 23 June 2026 adds cross-index volatility to the Nifty IT Tuesday outlook. Broad selling on expiry day could drag Nifty IT below 27,400. A smooth expiry supports the Nifty IT Tuesday outlook positive bias and allows for cleaner sector-level directional trades.
What global cues affect the Nifty IT Tuesday outlook?
Ans. GIFT Nifty at 24,120, Iran-US talks in Switzerland, and S&P 500 (+1.09%) are the key global inputs for the Nifty IT Tuesday outlook. A positive Iran-US outcome overnight would boost the Nifty IT Tuesday outlook via improved FII flow and risk-on sentiment for Tuesday.
What is the F&O strategy from the Nifty IT Tuesday outlook?
Ans. The Nifty IT Tuesday outlook suggests buying dips to 27,400 with stop at 27,200 and target at 27,900. For a breakout above 27,900, the Nifty IT Tuesday outlook targets 28,100. Reduce position size given VIX at 27.32 and Nifty 50 expiry volatility on 23 June 2026.
