Nifty Bank prediction today – December 17, 2025: Nifty Bank futures: Trades near a support band

Group 1 - Nifty Bank index opened at 59,073, slightly higher than the previous close of 59,035, but has since declined to 58,940, representing a decrease of nearly 0.2% [1] - The advance/decline ratio is 8/4, indicating a positive bias in the market despite the index's decline [1] - Canara Bank is the top gainer, up 2.1%, while ICICI Bank is the top loser, down 1.4% [1] Group 2 - Nifty PSU Bank has increased by 1.15% in the first hour of trading, outperforming the Nifty Private Bank, which has dropped by 0.3% [2] Group 3 - December expiry Nifty Bank futures opened at 59,280, slightly lower than the previous close of 59,289, and is currently trading at 59,165, down 0.2% [3] - The futures contract is near a support band of 59,150-59,000, which may prevent further declines [3] - A rebound from this support could lead to a rally, potentially lifting Nifty Bank futures to a resistance level of 60,500, with a subsequent barrier at 61,000 [3] Group 4 - If the futures contract breaches the support at 59,000, it may lead to a deeper decline, with the next notable support at 58,250 [4] Group 5 - A trade strategy suggests going long on Nifty Bank futures at 59,150, with a target of 60,500 and a stop-loss at 58,900 [5] - Supports are identified at 59,150 and 59,000, while resistances are at 60,200 and 60,500 [5]