NIFTY Levels for june 4, 2026Nifty 50 IndexNSE:NIFTYpaashuMarket Outlook for Nifty Expiry: Key Levels & Analysis Major Resistance 2: 23,780 – 23,820 A heavy institutional supply zone. If a massive short-covering rally triggers tomorrow afternoon, this is the ultimate target. Immediate Resistance 1: 23,680 – 23,710 High concentration of weekly Call Open Interest (OI). Clearing this zone early will likely force aggressive short-covering from call writers. The Expiry Pivot: 23,580 Today’s consolidation base. The golden rule for tomorrow: If Nifty holds above 23,580, the intraday bias remains firmly buy-on-dips. Immediate Support 1: 23,480 – 23,510 Significant Put writing built up here today; this will act as the first line of defense against any morning profit-booking. Crucial Support Floor: 23,380 The ultimate line in the sand for the bulls. A decisive break below this level shifts control entirely back to the intraday bears.