Nifty and Bank Nifty Prediction for the week 22 Jun'26 to 26 Jun'26 by BL GURU

[00:00:03]Hello everyone. Welcome to Nifty prediction weekly video series. I am BR Guru. The US Iran peace deal triggered a wide gap-up open in the Indian markets on Monday. Nifty and Nifty Bank index managed to sustain higher all through the week and have closed on a strong note. The outlook is bullish on the charts. We can expect the Nifty and Nifty Bank index to go higher in the coming weeks. Let us now look at the charts and see the outlook for the coming week.

[00:00:28]>> [music] >> Nifty has support in the 23,800 and 23,600 region. Resistance is around 24,250. The bias is bullish. So, we can expect the Nifty to sustain above 23,800 and breach 24,250 in this week. Such a break can take the Nifty higher to 24,500 and 24,800 in the short term.

[00:00:52]Nifty Bank index remained higher but stable all through the week. Support is at 56,500. Resistance is around 58,800.

[00:01:00]Nifty Bank index can remain inside a range of 56,500 to 58,800 for some time.

[00:01:05]The bias is however bullish to break 58,800 eventually. Such a break can take the index higher to 60,500 and 61,000 in the short term.

[00:01:14]Overall, the outlook is bullish for both the Nifty and Nifty Bank index. Nifty can rise to 24,500 and 24,800 on a break above 24,250. Support is there in the 23,800 and 23,600 region. Nifty Bank index can remain in a range of 56,500 to 58,800 for some time. Eventually, we expect the Nifty Bank index to make a bullish breakout of this range and rise to 60,500 and 61,000 in the short term.

[00:01:39]If you have any questions on F&O, please write to [email protected].

[00:01:44]To know the outlook on specific stocks that you are holding and get advice on whether to book profit or hold it or buy more, write to [email protected].

[00:01:54]For any queries on mutual funds, email to [email protected].

[00:01:59]For any questions, clarifications on investments, personal finance, write to [email protected].

[00:02:06]To get more insights on investments, personal finance, stocks, and commodity picks for short-term and long-term based on technical analysis, as well as F&O strategies, subscribe to BL portfolio section from the link that you see on your screen.

[00:02:19]>> Please note that the outlook given in this video is based on technical analysis. These are strictly not trade recommendations. If you want to trade this view, please read the detailed index outlook article published on our website in the portfolio section. The link of the article is given below in the description.