Nifty Bank Prediction Today – February 10, 2026:  Nifty Bank Futures: Range bound with a bullish bias

Nifty Bank index has been broadly stable after opening with a wide gap-up on Monday. That indicates the absence of strong follow-through buyers in the market. However, at the same time, strong selling is also not happening to drag the index lower. So, that leaves the picture little unclear for now.

The Nifty Bank index is currently trading flat around 60,686. The advances/declines ratio is at 6:8. This is negative.

Nifty Bank index outlook

Nifty Bank index has support at 60,500. Resistance is around 60,950. So, 60,500-60,950 can be the trading range for now. A breakout on either side of this range will determine the next leg of move.

A break above 60,950 will be bullish. It will then clear the way for a rise 61,600 and even 62,000 in the coming days.

On the other hand, a break below 60,500 can drag the index down to 60,200-60,150. However, a fall beyond 60,150 is unlikely. So, we can expect the index to reverse higher again from around 60,150.

Our preference will be to see a bullish breakout above 60,950 in the coming sessions.

Nifty Bank Futures

The Nifty Bank February Futures (60,769) is trading flat. The support at 60,650 is holding very well. Below that, there is another support at 60,550. As long as the contract stays above 60,550, the bias will be bullish. We retain our view of seeing 61,500-62,000 on the upside.

This bullish view will go wrong only if the contract breaks below 60,550. If that happens a fall to 60,400 can be seen first. A break below 60,400 if seen can then drag it down to 60,000.

The bias is positive. As such we do not expect a fall below 60,550.

Trade Strategy

Yesterday we had recommended to go long at 60,760 and accumulate at 60,670 and 60,580. In this 60,670 has been triggered. So, the average entry will now be 60,715. Buy again if a fall to 60,580 happens. Retain the stop-loss at 60,380 and follow the same strategy.

Trail the stop-loss up to 60,840 as soon as the contract goes up to 60,910. Revise the stop-loss higher to 61,050 and 61,220 when the contract touches 60,180 and 60,340 respectively. Exit the long positions at 61,460.

Please note that this is a positional trade with a time frame of one-two weeks.

Supports: 60,650, 60,550

Resistances: 61,600, 62,000

Published on February 10, 2026