Nifty and Bank Nifty Prediction for the week 09 Feb'26 to 13 Feb'26 by BL GURU

Описание: Two events jolted the markets last week. First the increase in #STT in the #Budget on Sunday triggered a strong sell-off. Second, the #US reducing the #tariffs on India from 25 per cent to 18 per cent made the market to open with a huge gap-up Tuesday. However, the #indices did not get a strong follow-through rise after that and fell for the rest of the week. On the charts, the picture continues to look positive. We do not any major threat for a fall as supports are there to limit the downside.

#Nifty has an immediate support at 25,500-25,450. #nifty50 can rise back to 26,300-26,400 again. A fall below 25,450 can drag #nifty down to 25,100-25,000 first and then the rise to 26,000 and higher levels can happen.

#NiftyBank index has support at 59,500-59,400. #niftybankindex can rise back from this support zone and break above the resistance at 60,850 going forward. Such a break can take it to 62,000-62,100 in the short term.


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