Nifty 50 Prediction for Tomorrow 8 June 2026: Technical Levels, F&O and Weekly Outlook

The Nifty 50 prediction for tomorrow 8 June 2026 is cautiously bullish after the index closed at 23,366.70 (-0.21%) on Friday 5 June, with India VIX touching a multi-week intraday low of 13.46 — the most significant technical positive for the Nifty prediction for tomorrow. The RBI’s dovish repo rate hold at 5.25% provided a strong fundamental tailwind, driving Bank Nifty to 54,865.50 intraday — a 2-month high. The Nifty 50 prediction for tomorrow is anchored at 23,200 support and 23,700 resistance, with the US NFP data (released Friday evening) and GIFT Nifty pre-market level being the two primary signals for Monday’s direction.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, provide a complete technical, F&O and event analysis for the Nifty 50 prediction for tomorrow 8 June 2026.

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Last Week’s Market Recap: 2-5 June 2026

• Nifty 50 (Friday close): 23,366.70 (-0.21%). Weekly range 23,282.65 to 23,516.35. RBI held repo at 5.25% with dovish tone on Friday 5 June.
• Bank Nifty (Friday close): 54,496.25 (+0.35%). Hit 54,865.50 intraday on RBI day — a 2-month high.
• India VIX: 15.79 on Friday close; intraday low of 13.46 — the lowest reading in several weeks. Declining VIX is positive for Monday.
• Sensex: ~74,115 on Friday. High 74,615, low 73,895.
• FII/DII (4 June): FII net Rs -4,475.76 Cr; DII net Rs +3,986.44 Cr. FII selling moderating from May peak of Rs 21,105 Cr — a significant positive trend.
• Key movers Friday: HUL +2.02% (Rs 2,121.50), Adani Ent +2.54% (Rs 3,048.20), REC +2.59% (Rs 343.90), Axis Bank +1.52% (Rs 1,272.30), Wipro -2.91% (post-buyback), Vedanta -3.63%.
• US NFP (May 2026): Released Friday evening after Indian market close. Consensus expected 85K jobs. Previous April: 115K jobs. Monday’s open will directly react to this data.

Nifty 50 Technical Levels for Tomorrow 8 June 2026

Level	Value	Context
Friday Close	23,366.70	Base for Monday
Friday High	23,516.35	Intraday resistance reference
Friday Low	23,282.65	Intraday support defended
Support 1	23,400	20-DMA; value area
Support 2	23,200	Critical must-hold level
Support 3	23,050	May correction floor
Resistance 1	23,700	50-DMA; key bull trigger
Resistance 2	23,900	20-week EMA; bull case target
Max Call OI (weekly)	24,000	Primary ceiling
Max Put OI (weekly)	23,000	Primary floor
India VIX	15.79 (intraday 13.46)	Multi-week low — bullish

Ankit Jaiswal observes that the Nifty 50 prediction for tomorrow is shaped by the convergence of three positives: RBI policy clarity, VIX at multi-week lows, and strong banking sector momentum from Friday’s session. He notes that 23,200 is the critical support for the Nifty 50 prediction for tomorrow — a weekly close below this level would signal a resumption of the May correction trend. The key trigger for the bullish case is a Nifty close above 23,700 on Monday, which would confirm a technical trend reversal from the correction.

Kunal Singla flags that the Nifty 50 prediction for tomorrow is the most event-sensitive Monday of recent weeks, given the US NFP data landing over the weekend. He notes that the options market pricing (VIX at 15.79) implies a Monday opening range of approximately +/- 150-180 Nifty points from Friday’s close. This means the expected range for the Nifty 50 prediction for tomorrow is 23,190 to 23,547 in a normal volatility scenario.

Nifty 50 F&O Analysis for Tomorrow 8 June 2026

The Nifty 50 options chain for the weekly expiry (11 June) shows maximum Call OI at 24,000 and maximum Put OI at 23,000, defining the 23,000-24,000 trading range for the expiry week. For the Nifty 50 prediction for tomorrow specifically, the more immediate range is 23,200-23,700. Ankit Jaiswal notes that significant short OI has built at the 23,700-24,000 Call zone over the past two weeks, and that any positive NFP surprise or global risk-on move could trigger rapid short-covering in this zone, creating a swift 200-300 point move in the Nifty 50 prediction for tomorrow.

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Global Cues for Tomorrow Monday 8 June 2026

• US Non-Farm Payrolls (May): Released Friday 5 June at 8:30 AM ET. Consensus expected 85K jobs vs 115K in April. The result directly determines Monday’s opening gap for all Indian indices.
• Dow Jones: 51,078.88. US markets showing cautious stability ahead of NFP.
• Nasdaq: 27,086.81. Tech sector mixed with AI momentum stocks supporting while broader tech faces pressure.
• S&P 500: 7,599.96. Broadly steady; US equity futures in mild red post-NFP uncertainty.
• Iran-US geopolitics: Weekend developments around US-Iran talks will influence crude oil at MCX open on Monday. Any escalation spikes crude and pressures OMCs and aviation; any de-escalation caps crude below Rs 8,200.
• Dollar Index: Direction post-NFP determines FII flow into Indian equities on Monday. A weak dollar = FII buying signal; strong dollar = continued selling pressure.
• GIFT Nifty: Watch GIFT Nifty pre-market levels on Monday morning — a GIFT Nifty above 23,366.70 signals positive open; below 23,200 signals gap-down.

Nifty 50 Options OI Data for Monday 8 June 2026

Strike	Call OI	Put OI	Significance
24,000	High (Max Call OI)	Low	Primary resistance ceiling for the week
23,700	Moderate	Low	50-DMA resistance; first bull trigger
23,500	Moderate	Moderate	Weekly pin zone near expiry
23,200	Low	Moderate	Critical support; Put writers defend
23,000	Low	High (Max Put OI)	Strong downside floor for expiry week

The PCR (Put-Call Ratio) for the weekly expiry (11 June) is near 0.88-0.92, reflecting neutral-to-mildly bullish positioning. A PCR move above 1.0 would signal a decisive shift toward bullish momentum. Ankit Jaiswal notes that FII sold 2,64,568 Nifty futures on 4 June alongside Call shorting at 49,738 contracts — a protective hedging posture rather than aggressive directional shorting. Any positive catalyst (weak NFP, Iran de-escalation) could trigger rapid unwinding of these hedges for a swift 200-point Nifty move.

GIFT Nifty Signal for Monday 8 June 2026

GIFT Nifty pre-market levels on Monday 8 June 2026 are the first and most important signal for the session’s direction. Based on Friday’s Nifty close of 23,366.70 and the overnight global backdrop:

GIFT Nifty Level	Signal	Action
Above 23,450	Gap-up open; bullish	All long setups valid; enter above entry zones
23,300 to 23,450	Flat open; neutral	Wait for first 15-min candle before entry
Below 23,300	Gap-down; cautious	Reduce position size 50%; wait for 23,200 hold
Below 23,200	Weak open; bearish	Avoid longs; monitor 23,050 as downside target

Kunal Singla advises checking GIFT Nifty at exactly 9:00 AM IST on Monday — 15 minutes before NSE opens — as the definitive pre-market signal. A GIFT Nifty above 23,450 would confirm the bullish thesis from Friday’s RBI-driven banking rally.

Stocks to Watch on Monday 8 June 2026

Stock	CMP (5 Jun)	Watch Level	Target	Stop	Catalyst
SBI	Rs 977.70	Rs 985-993	Rs 1,003	Rs 958	Rs 1,000 milestone; RBI dovish hold
ICICI Bank	Rs 1,262.10	Rs 1,265+	Rs 1,278	Rs 1,242	Institutional breakout above Friday high
REC	Rs 343.90	Rs 340-348	Rs 358	Rs 325	Power NBFC +5.6% in 2 days; RBI rate hold
HUL	Rs 2,121.50	Rs 2,110-2,128	Rs 2,148	Rs 2,075	+2.02% Friday; FMCG momentum
Axis Bank	Rs 1,272.30	Rs 1,275+	Rs 1,292	Rs 1,248	+1.52% Friday; RBI banking sector play

Ankit Jaiswal, Senior Research Analyst at Univest, flags SBI and ICICI Bank as the two highest-conviction names to watch on Monday 8 June 2026. The RBI’s dovish 5.25% hold is the shared catalyst for four of the five names. Kunal Singla, Associate Director at Univest, highlights REC as the highest-momentum name given its 5.6% two-day rally, with the Monday session’s first 15-minute candle being the entry trigger. All levels are for educational reference only — wait for confirmation before acting.

Key Terminology: Nifty 50 Prediction For Tomorrow

Traders searching for the Nifty 50 prediction for tomorrow may also find these related terms useful: Nifty outlook for tomorrow refers to the broader directional view combining technicals, F&O data and global cues. Share market prediction for tomorrow covers all NSE and BSE-listed indices. NSE prediction for Monday focuses specifically on National Stock Exchange-traded instruments. Indian stock market prediction for tomorrow is the broadest term covering Nifty 50, Sensex, Bank Nifty, sector indices and individual F&O stocks. Regardless of the term used, the underlying analysis from Ankit Jaiswal and Kunal Singla at Univest covers all these dimensions for the Nifty 50 prediction for tomorrow 8 June 2026.

Conclusion: Nifty 50 Prediction for Tomorrow 8 June 2026

The Nifty 50 prediction for tomorrow 8 June 2026 is cautiously bullish with 23,200 as the critical support and 23,700 as the first meaningful resistance. The RBI’s dovish 5.25% hold, VIX at a multi-week low of 13.46 intraday, and strong banking sector momentum from Friday provide the bullish foundation. Ankit Jaiswal identifies the US NFP data reaction on Monday’s open as the decisive near-term variable. Kunal Singla advises checking GIFT Nifty pre-market before 9:00 AM Monday as the first signal for the Nifty 50 prediction for tomorrow 8 June 2026. Data sourced from open public platforms including NSE and BSE — verify from official sources.

Frequently Asked Questions

What is the Nifty 50 prediction for tomorrow 8 June 2026?

Ans. The Nifty 50 prediction for tomorrow 8 June 2026 is cautiously bullish. Nifty closed at 23,366.70 on Friday 5 June with VIX touching a multi-week low of 13.46 intraday. Support is 23,200 and resistance is 23,700. The US NFP result and GIFT Nifty pre-market level on Monday are the primary directional signals.

What are Nifty 50 support and resistance for tomorrow?

Ans. Nifty 50 support 1: 23,400. Support 2: 23,200 (critical). Support 3: 23,050 (floor). Resistance 1: 23,700 (50-DMA). Resistance 2: 23,900 (20-week EMA). Maximum Call OI at 24,000 caps the weekly upside for the Nifty 50 prediction for tomorrow.

What is the Nifty 50 futures prediction for tomorrow?

Ans. Nifty 50 June futures are pricing near the spot close of 23,366.70. The June series has significant short OI at the 23,700-23,900 Call zone. Any short-covering above 23,700 could create a swift move to 23,900 in the Nifty 50 futures prediction for tomorrow.

What does VIX at 15.79 mean for Nifty prediction for tomorrow?

Ans. India VIX closing at 15.79 and touching 13.46 intraday signals the lowest fear reading in several weeks. This is a positive signal for the Nifty 50 prediction for tomorrow as lower VIX reduces implied option premiums and supports cleaner directional price action on Monday.

How does the RBI 5.25% hold affect Nifty 50 prediction for tomorrow?

Ans. The RBI’s dovish repo rate hold at 5.25% on Friday directly benefits banking stocks which constitute over 35% of Nifty 50 weight. Bank Nifty hit 54,865.50 intraday on Friday, its highest level in 2 months. This banking sector strength is the primary fundamental positive for the Nifty 50 prediction for tomorrow.

What is the Nifty 50 options PCR for tomorrow?

Ans. The Nifty 50 options PCR for the weekly expiry (11 June) is near 0.88-0.92, reflecting neutral-to-mildly bullish positioning. Maximum Call OI at 24,000 is the ceiling and maximum Put OI at 23,000 is the floor for the Nifty 50 prediction for tomorrow 8 June 2026.

What is the weekly F&O expiry impact on Nifty 50 tomorrow?

Ans. The weekly F&O expiry is on Thursday 11 June 2026. For tomorrow Monday 8 June, this means option writers will begin positioning for the expiry, creating additional OI concentration near the 23,500-23,700 zone. The Nifty 50 prediction for tomorrow is range-bound between 23,000 and 24,000 for the expiry week.

What is the key risk for Nifty 50 prediction for tomorrow?

Ans. Key risks for the Nifty 50 prediction for tomorrow: US NFP came in above 85K forecast (Dollar strengthens, FII selling resumes); Iran geopolitical escalation spiking crude above Rs 9,000; Nifty breakdown below 23,200 opening downside to 23,050-23,100.

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