Nifty Bank Prediction Today – February 18, 2026: Nifty Bank futures: Support holds well

Nifty Bank index began today’s session higher at 61,255 compared to yesterday’s close of 61,174. It is now hovering around 61,234, up by a marginal 0.1 per cent.

The advance-decline ratio is at 9-5, showing a bullish bias. Punjab National Bank (up about 2 per cent) and Union Bank of India (up 1.7 per cent) top the chart.

At the other end, ICICI Bank (down 0.4 per cent) and Kotak Mahindra Bank (down 0.3 per cent) are the top losers.

Within the banking space, the public sector banks are outperforming their private peers. Thus, Nifty PSU Bank has gained 0.9 per cent whereas Nifty Private Bank is down 0.2 per cent.

Nifty Bank futures

The February expiry Nifty Bank futures opened today’s session flat at 61,110 versus yesterday’s close of 61,113. It is now trading at 61,150, up nearly 0.1 per cent.

The price action shows that the support at 61,000 is holding up well. So, the likelihood of a rally is high. Nifty Bank futures can rise to touch 61,500 soon.

On the other hand, if the contract slips below the support at 61,000, it can extend the fall to 60,900. Support below 60,900 is at 60,750.

Nevertheless, Nifty Bank futures displays a positive bias and so participants can consider initiating long positions.

Trade strategy

Buy Nifty Bank futures (February) at 61,150. Place stop-loss at 61,000. When the contract rises to 61,350, revise the stop-loss to 61,275. Book profits at 61,500.

Supports: 61,000 and 60,900

Resistances: 61,500 and 62,000

Published on February 18, 2026