Home » Stock Market Prediction for Nifty & Bank Nifty 11th February 2025

Stock Market Prediction for Nifty & Bank Nifty 11th February 2025

In today’s stock market, Nifty slips below 23,400, Sensex drops 548 points; all sectors trade in the red.

Stock Market Nifty Chart Prediction

On February 10, Sensex was down 548.39 points at 77,311.80, and the Nifty was down 178.35 points at 23,381.60. About 1029 shares advanced, -2917 shares declined, and 108 shares unchanged.

Top Nifty gainers: Kotak Mahindra Bank, Britannia Industries, Bharti Airtel, Tata Consumer Products,
Top Nifty Losers: Trent, Power Grid Corp, Tata Steel, Titan Company, ONGC

All sectoral indices closed lower, with metal, media, pharma, consumer durables, energy, and realty sectors declining by 2-3%.

Nifty Midcap and Smallcap indices shed 2% each.

Stock Prediction for 11th Feb 2025

Prediction for Monday NIFTY can go up if it goes above 23,500 or down after the level of 23,200, but it all depends upon the Global cues.

The headline index remains in a downtrend, continuing its decline after forming a lower high on the daily chart. Market sentiment has worsened as Nifty slipped below the 21EMA. Resistance is seen at 23,500-24,000 on the upside, while support lies between 23,200-22,800 on the downside.

Highest Call Writing at
23,500 (1.2 Cr)
Highest Put Writing at
23,400 (55.3 Lk)

Nifty Support and Resistance

Support 23,200-22,800
Resistance
23,500-24,000

Bank Nifty Daily Chart Prediction

Prediction For Monday, Bank NIFTY can go up if it goes above 50,200 or down after the level of 49,000, but it all depends upon the Global cues.

Bank Nifty is currently in an uptrend. If you have long positions, it is advisable to hold them with a daily closing stop-loss at 49,674. Resistance is expected around 50,200-50,600, while support is positioned between 49,000-48,000.

Highest Call Writing at50,200 (18.8 Lakh)
Highest Put Writing at49,000 (13.3 Lakh)

Bank Nifty Support and Resistance

Support49,000 and 48,000
Resistance
50,200 to 50,600

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