Home » Stock Market Prediction for Nifty & Bank Nifty 12th May 2026

Stock Market Prediction for Nifty & Bank Nifty 12th May 2026

In today’s stock market, Sensex plunges 1,313 points as Nifty settles near 23,800; meanwhile, Titan & SBI shares weigh heavily on the market.

Stock Marspin maya casinoket Nifty Chart Prediction

On May 11, the Sensex was down 1,312.91 points at 76,015.28, while the Nifty declined 360.30 points to 23,815.85. Market breadth remained weak, with 2,779 shares declining against 1,390 advances.

Top Nifty gainers: Max Healthcare, Coal India, Sun Pharma, HUL & SBI Life Insurance
Top Nifty Losers :  InterGlobe Aviation, SBI, Eternal, Bharti Airtel, Jio Financia

Sensex and Nifty ended sharply lower on Monday amid broad-based selling across consumer durable, PSU bank, oil & gas and realty stocks, while weak market breadth and heavyweights like Reliance Industries, SBI, Bharti Airtel and Titan weighed on the benchmarks. 

Nifty midcap and smallcap indices also closed weak, falling 1.05% & 1.13%

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 Tuesday NIFTY can go up if it goes above 24,000 or down after the level of 23,500, but it also depends upon the Global cues.

Nifty witnessed selling pressure and, consequently, slipped below the 24,000 mark during the session. Additionally, weak momentum in heavyweight stocks kept the index under pressure. However, 23,500 remains an important support zone in the near term. If Nifty fails to hold above this level, then further downside toward 23,000 may emerge gradually. On the upside, 24,000–24,500 is likely to act as a strong resistance area. Therefore, traders should remain cautious and, meanwhile, closely monitor price action around key support levels.

Highest Call Writing at
24,000 (1.4 Cr)
Highest Put Writing at
23,500 (1.0 Cr)

Nifty Support and Resistance

Support 23,500 and 23,000
Resistance
24,000 – 24,500

Bank Nifty Daily Chart Prediction

Prediction For Tuesday BANKNIFTY can go up if it goes above 55,000 or down after the level of 54,300, 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 at55,000 (12.0 Lk)
Highest Put Writing at54,300 (10.1 Lk)

Bank Nifty Support and Resistance

Support54,300 and 53,500
Resistance
55,000 – 56,000

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