Nifty 50 Prediction for Tomorrow: Post-Expiry Recovery Levels for 24 June 2026

The nifty 50 prediction for tomorrow, 24 June 2026, is cautiously bearish to range-bound after the index closed at 23,824.10 (-278.80 pts, -1.16%) on 23 June 2026 — a sharp expiry-day selloff that broke below the critical 24,000 level. The Sensex also fell to 76,200.68 (–1.16%), confirming broad-based selling. India VIX surged to 14.23 (+1.39, ++10.83%), signalling elevated uncertainty heading into 24 June 2026.

Ankit Jaiswal, Senior Research Analyst at Univest, has analysed today’s Nifty 50 price action, expiry-day data, and global cues to present the nifty 50 prediction for tomorrow. Associate Director Kunal Singla provides the broader market context including Bank Nifty expiry dynamics for Wednesday.

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Nifty 50 Prediction for Tomorrow: Today’s Close Summary

• Expiry Day Selloff: The Nifty 50 fell -278.80 pts to 23,824.10, ranging from 23,784.95 (session low) to 24,135.50 (session high). The index broke decisively below 24,000 — a level expected to act as max pain support today — making the nifty 50 prediction for tomorrow structurally cautious.
• Sector Context: Nifty IT fell -2.23% to 27,012.05 as the worst large-sector performer. Nifty Metal declined -3.23%. Only Nifty Pharma (++0.92%) outperformed, providing a defensive floor to the broader market decline for the nifty 50 prediction for tomorrow.
• VIX Jump: India VIX rose from 14.23 to 14.23 (+1.39, ++10.83%) on expiry day. Elevated VIX post-expiry signals that the nifty 50 prediction for tomorrow carries higher intraday range risk and requires tighter position management.

Nifty 50 Prediction for Tomorrow: Key Levels

Trend: Cautiously Bearish | Watch 23,750 Support

Level	Nifty 50
Support 1	23,750
Support 2	23,600
Resistance 1	23,950
Resistance 2	24,100

The nifty 50 prediction for tomorrow from Ankit Jaiswal places 23,750 as the critical floor. Today’s session low of 23,784.95 is the key reference; a breach below 23,784.95 tomorrow would confirm the bearish nifty 50 prediction for tomorrow and target 23,600. On the upside, 23,950 is the first resistance the index must reclaim for the nifty 50 prediction for tomorrow to shift neutral. Jaiswal notes that the index is currently in an oversold zone post-expiry and a technical bounce attempt from 23,750 is possible if global cues improve overnight.

Nifty 50 F&O Analysis for 24 June 2026

• Post-Expiry Reset: The Nifty 50 weekly series has now expired. The nifty 50 prediction for tomorrow is based on new positioning in the next weekly series, which will begin building OI at fresh strikes closer to 23,800 and 24,000.
• Bank Nifty Expiry Context: Wednesday 24 June 2026 is the Bank Nifty weekly expiry. While this directly affects Bank Nifty, broad market volatility from banking expiry will influence the nifty 50 prediction for tomorrow intraday direction, especially in the 2:00 to 3:15 PM window.
• VIX at 14.23: Post-expiry VIX at 14.23 is above the 12 to 13 pre-expiry levels. The nifty 50 prediction for tomorrow expects an intraday range of 250 to 350 points given current volatility pricing.

Global Cues for Nifty 50 Prediction for Tomorrow

• GIFT Nifty: Estimated near 23,810 after today’s expiry selloff. GIFT Nifty overnight direction is the primary pre-open signal for the nifty 50 prediction for tomorrow. A positive GIFT Nifty above 23,900 would signal a bounce attempt at open.
• Iran-US Talks Day 3: Switzerland negotiations entering the final stretch. A breakthrough overnight would directly support the nifty 50 prediction for tomorrow by boosting risk appetite and potentially triggering FII buying reversal.
• US Markets: S&P 500 (+1.09%), Nasdaq (+1.91%) from Friday provide a positive global backdrop that contrasts with today’s domestic selloff. A continuation of US gains tonight would provide a supportive base for the nifty 50 prediction for tomorrow.

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Nifty 50 Prediction for Tomorrow: Trading Strategy

1. 23,750 as Pivot: The nifty 50 prediction for tomorrow uses 23,750 as the go/no-go level. Above 23,750: range-bound bias with bounce attempt toward 23,950. Below 23,750 on volume: bearish bias targets 23,600.
2. Buy the Dip Setup: If Nifty opens near 23,750 to 23,800 with positive GIFT Nifty, the nifty 50 prediction for tomorrow favours a long entry with stop at 23,700 and target 23,950.
3. Avoid Early-Session Noise: Post-expiry and Bank Nifty expiry-eve sessions produce erratic opening moves. The nifty 50 prediction for tomorrow advises entering after 10:00 AM when the opening trend stabilises.
4. Manage Bank Nifty Expiry Risk: The nifty 50 prediction for tomorrow is subject to cross-index volatility from Bank Nifty expiry. Reduce leveraged Nifty positions in the 2:00 to 3:15 PM window to avoid getting caught in expiry-driven swings.

What VIX Indicates for the Nifty 50 Prediction for Tomorrow

India VIX jumping to 14.23 from +1.39 on expiry day is a caution signal for the nifty 50 prediction for tomorrow. A VIX above 14 on a day after Nifty falls below 24,000 suggests the market is pricing in additional downside risk rather than near-term recovery. Ankit Jaiswal notes that the nifty 50 prediction for tomorrow is therefore skewed to the downside unless global cues provide a strong overnight positive catalyst.

Kunal Singla adds that DII structural buying at Rs 66,215 crore MTD remains the backstop preventing a sharper correction. The nifty 50 prediction for tomorrow therefore expects a range-bound session rather than a free-fall, with 23,750 holding as the floor in the base case scenario.

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Risks to Nifty 50 Prediction for Tomorrow

• Iran Talks Collapse: A breakdown in Switzerland overnight would gap down the nifty 50 prediction for tomorrow below 23,750, targeting 23,600 on open.
• FII Selling: Sustained FII outflows above Rs 3,000 crore on today’s provisional data would worsen the nifty 50 prediction for tomorrow and challenge the 23,750 support level.
• Bank Nifty Expiry Cascade: A sharp cascading Bank Nifty expiry move tomorrow could drag Nifty 50 below the nifty 50 prediction for tomorrow’s 23,750 support temporarily.
• Global Risk-Off: Any surprise negative US data or geopolitical escalation overnight would compound today’s selloff and push the nifty 50 prediction for tomorrow below 23,600 on opening.

Stocks to Watch Tomorrow, 24 June 2026

Ankit Jaiswal and Kunal Singla of Univest have identified three stocks for Thursday’s session based on today’s price action, sector trends, and technical setups. Tomorrow is Bank Nifty weekly expiry (Wednesday 24 June), adding volatility to banking names.

Stock	CMP (23 Jun)	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 (+0.27%) today, the standout performer as Nifty Pharma (+0.92%) was the only positive sector on 23 June. Jaiswal flags the Rs 1,862 to Rs 1,872 entry zone with target Rs 1,900 given the sector outperformance in a down market. HDFC Bank fell to Rs 774.65 today ahead of Bank Nifty’s Wednesday expiry. Singla notes the Rs 772 to Rs 778 zone offers a short-covering bounce setup targeting Rs 790 to Rs 795 on pre-expiry positioning. Reliance Industries closed at Rs 1,309.50 (-1.28%), testing its low of Rs 1,304; Jaiswal sees the Rs 1,305 to Rs 1,312 zone as a potential bounce entry targeting Rs 1,330 on any market-level recovery.

Conclusion

The nifty 50 prediction for tomorrow on 24 June 2026 is cautiously bearish to range-bound. Ankit Jaiswal places the critical support at 23,750 and resistance at 23,950. The nifty 50 prediction for tomorrow turns positive only on a sustained reclaim of 23,950 with volume. Bank Nifty expiry on Wednesday and VIX at 14.23 are the two primary risk factors that warrant reduced leverage for tomorrow.

This nifty 50 prediction for tomorrow is based on data as of close of trade on 23 June 2026. Track GIFT Nifty before 9:15 AM and FII provisional data this evening for the latest inputs for the nifty 50 prediction for tomorrow direction on Wednesday.

FAQs

What is the nifty 50 prediction for tomorrow, 24 June 2026?

Ans. The nifty 50 prediction for tomorrow is cautiously bearish to range-bound after today’s -1.16% expiry-day selloff to 23,824.10. Support is at 23,750 and resistance at 23,950. A hold above 23,750 is the base case; a breach targets 23,600.

Why did Nifty 50 fall below 24,000 on 23 June 2026?

Ans. 23 June 2026 was the Nifty 50 weekly options expiry day. Expiry-day selling intensified as the index failed to hold near max pain at 24,000 to 24,050. IT (-2.23%) and Metal (-3.23%) sectors led the decline. The nifty 50 prediction for tomorrow reflects this post-expiry oversold structure.

What is the Nifty 50 support for 24 June 2026?

Ans. Ankit Jaiswal places Nifty 50 support at 23,750 and stronger support at 23,600 for the nifty 50 prediction for tomorrow. Resistance levels are 23,950 (first recovery target) and 24,100 (previous close). A close above 23,950 would signal the start of an oversold bounce.

How does Bank Nifty expiry on 24 June 2026 affect Nifty 50?

Ans. Bank Nifty weekly expiry on Wednesday 24 June 2026 will create cross-index volatility that affects the nifty 50 prediction for tomorrow. Expect the most significant intraday swings between 2:00 PM and 3:15 PM. The nifty 50 prediction for tomorrow advises reducing leveraged positions before the Bank Nifty expiry window.

What stocks are good for tomorrow based on nifty 50 prediction for tomorrow?

Ans. Based on the nifty 50 prediction for tomorrow, Sun Pharma (defensive, 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 (oversold bounce, entry Rs 1,305 to Rs 1,312, target Rs 1,330) are the key stocks to watch.