Home » Stock Market Prediction for Nifty & Bank Nifty 11th May 2026

Stock Market Prediction for Nifty & Bank Nifty 11th May 2026

In today’s stock market, Sensex slides 516 points, Nifty slips below 24,200 amid fresh Iran-US tensions and weak global market sentiment.

Stock Marspin maya casinoket Nifty Chart Prediction

On May 8, Sensex was down 516.33 points at 77,328.19, and the Nifty was down 150.50 points at 24,176.15. About 1988 shares advanced, 2048 shares declined, and 170 shares unchanged.

Top Nifty gainers: Asian Paints, Apollo Hospitals, Tata Consumer, Adani Ports, Titan Company.
Top Nifty Losers :  SBI, Coal India, HDFC Bank, Bajaj Finance, Axis Bank

Among sectors, except IT, Healthcare, Consumer Durables and FMCG, all other indices ended in the red with PSU Bank index slipped 3%, Oil & Gas index shed 1%, while Private Bank, Metal, Energy, Power, Realty down 0.5% each.

Nifty Midcap index was down 0.15%, while smallcap index was up 0.22%.

Best Stocks aviatorof the day according to AI (Delta Dash)

Worst Stocks of thteen pattie day according to AI (Delta Dash)

Stock Prediction for 11th May 2026

Prediction for Monday NIFTY can go up if it goes above 24,100 or down after the level of 24,000, but it also depends upon the Global cues.

On the daily chart, the index formed a lower close, signalling weakness as it settled below the previous day’s low. Nifty also failed to hold above its 50-day EMA. Meanwhile, both RSI and ADX remained largely flat, reinforcing the ongoing sideways trend in the index. Market breadth stayed weak, with the advance-decline ratio tilted in favour of bears at the close. Resistance is placed in the 24,100–24,400 zone, while support is seen between 24,000 and 23,600.

Highest Call Writing at
24,100 (1.0 cr)
Highest Put Writing at
24,000 (82.2 Lk)

Nifty Support and Resistance

Support 24,000 and 23,600
Resistance
24,100–24,400

Bank Nifty Daily Chart Prediction

Prediction For Monday BANKNIFTY can go up if it goes above 55,700 or down after the level of 55,000, but it also depends upon the Global cues.

Bank Nifty traded within a descending triangle-like pattern on the intraday charts before witnessing a breakdown in the second half of the session, triggering a sharp decline. The index eventually settled at 55,311, down 1.31%. With Friday’s close, Bank Nifty formed a sizeable bearish candle on the daily chart and slipped below its 20-day EMA, indicating near-term weakness. Resistance is placed in the 55,700–56,400 zone, while support is seen between 55,000 and 54,600.

Highest Call Writing at55,700 (22.5 Lk)
Highest Put Writing at55,000 (10.6 Lk)

Bank Nifty Support and Resistance

Support55,000 and 54,600
Resistance
55,700–56,400

Voice Of Traders by Spider Software

He Lost ₹45L… Then Built the 1-Min ‘Elephant Candle’ Strategy (Setup Revealed)… (Full Strategy Explained)

Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein.

Loading

Leave a Reply

Your email address will not be published. Required fields are marked *