Nifty Bank Prediction Today – October 29, 2025: Nifty Bank futures: Exhibits positive inclination

Core Insights - Nifty Bank index opened higher at 58,316 but has since slipped to around 58,180, indicating a slight decline after the initial gain [1] - Public sector banks are outperforming private banks, with Nifty PSU Bank up 0.2% while Nifty Private Bank remains flat [2] - Nifty Bank futures for November opened at 58,620, showing a 0.2% increase from the previous close of 58,519, and are expected to rally towards 58,850 and potentially 59,500 [3] Market Performance - The advance/decline ratio in the Nifty Bank index is currently even at 6/6, with Punjab National Bank and State Bank of India being the top gainers, up 0.9% and 0.75% respectively [1] - IDFC First Bank and The Federal Bank are the top losers, down 0.6% and 0.5% respectively [1] Futures Analysis - The Nifty Bank futures have moved above the resistance level of 58,550, indicating a positive trend and potential for further gains [3] - A support level is identified at 58,450, with a potential downswing to 58,150 if the futures slip below this support [4] Trading Strategy - For intraday trading, a long position on Nifty Bank futures is recommended if it surpasses 58,650, with target and stop-loss set at 58,850 and 58,550 respectively [5] - Key support levels are at 58,450 and 58,150, while resistance levels are at 58,650 and 58,850 [5]