Nifty Bank Prediction Today – February 11, 2026:  Nifty Bank Futures: Support can limit the downside. Retain the longs

Nifty Bank index seems to be struggling to get a strong follow-through rise over the last couple of days. The index opened with a gap-up today but failed to sustain. It has come down from the high of 60,727. The Nifty Bank index is currently trading at 60,550, down 0.12 per cent. The advances/declines ratio is at 4:10. This is negative and keeps the danger alive of seeing more fall during the day.

Nifty Bank index outlook

An important intraday support is at 60,450 which is holding for now. The index is attempting to bounce back from the low of 60,445. As long as the index stays above this support, there is no danger. A bounce back move to 60,800 and even 61,000 is possible.

But if the index breaks below 60,450, a fall to 60,200-60,150 can be seen during the day. Thereafter the index can bounce back again. For now, we are not looking for any fall beyond 60,150.

Nifty Bank Futures

The Nifty Bank February Futures (60,688) is marginally down by 0.03 per cent. Strong support is around 60,550. A break below it might not be easy. We expect the contract to sustain above this support and rise back in the coming sessions. Such a rise will keep the bullish view intact to see 61,500-62,000 in the short term. A break above 60,900 can trigger this rise.

In case the contract breaks below 60,550, a fall to 60,400-60,300 can be seen. Such a fall will also keep the contract under pressure to see 60,100-60,000 eventually.

Our preference is to see the contract sustaining above 60,550.

Trade Strategy

Retain the long positions taken at an average level of 60,715. Buy more on dips at 60,580. 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: 60,550, 60,400

Resistances: 60,900, 61,600

Published on February 11, 2026