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Nifty Bank Prediction Today – October 1, 2025: Nifty Bank futures: Breaks out of a resistance
First BankFirst Bank(US:FRBA) BusinessLine·2025-10-01 05:07

Group 1 - Nifty Bank index opened at 54,654, currently at 54,888, up 0.5% from the previous close of 54,636 [1] - The advance/decline ratio is 5/7, indicating a slight bearish bias, with Kotak Mahindra Bank as the top gainer at 1.7% and IDFC First Bank leading the decline at 1.1% [1] - Nifty PSU Bank has decreased by nearly 0.2%, while Nifty Private Bank has increased by 0.6%, showing private banks outperforming public sector banks [2] Group 2 - Nifty Bank futures opened at 55,100, currently trading at 55,200, up nearly 0.4% from the previous close of 55,012 [3] - The futures have broken out of a resistance at 55,150, indicating a bullish trend with potential to rally to 55,500 [3][4] - If the futures drop below the support level of 55,150, it could lead to a trend reversal, potentially dragging the contract down to 54,850 [4] Group 3 - Trade strategy suggests buying Nifty Bank futures at 55,200, with a target of 55,500 and a stop-loss at 55,050 [5] - Supports are identified at 55,150 and 54,850, while resistances are at 55,500 and 55,750 [5]