NIFTY Levels for june 5, 2026Nifty 50 IndexNSE:NIFTYpaashuNifty 50 Intraday Levels -June 5 Resistance Levels: - Major Resistance: 23,680 (Ultimate target contingent on a dovish RBI policy). - Immediate Resistance: 23,550 (Primary multi-session ceiling; maximum Call Open Interest wall. A break above this post-10:00 AM may trigger significant short-covering). Pivot: - Macro Pivot: 23,400 (Baseline for today; expect high volatility around this level leading up to the RBI governor's announcement). Support Levels: - Immediate Support: 23,300 (A critical intraday swing floor established over the last 48 hours). - Crucial Support Floor: 23,150 – 23,200 (Strong institutional Put writing zone; a closing break below this level would signal a shift toward bearish control for the coming weeks).