Nifty Bank Prediction Today – February 12, 2026: Nifty Bank futures: Retains the bullish bias, hold on to the longs

Core Viewpoint - The Nifty Bank index shows a slight upward movement, indicating a mixed market sentiment with public sector banks outperforming private banks [1][2]. Nifty Bank Index Performance - The Nifty Bank index opened at 60,786, slightly up from the previous close of 60,745, currently hovering around 60,800, reflecting a 0.1% increase [1]. - The advance-decline ratio is 3-11, indicating a bearish bias in the market [1]. Sector Performance - The Nifty PSU Bank index is up approximately 0.2%, while the Nifty Private Bank index is trading flat, suggesting that public sector banks are performing better than their private counterparts [2]. Nifty Bank Futures - The February expiry Nifty Bank futures opened higher at 60,850 compared to the previous close of 60,809, currently trading at 60,840 [3]. - The futures contract reached a seven-day high of 60,901 early in the session but has since moderated, remaining above key support levels of 60,760 and 60,550 [3]. Future Outlook - A rally from the current level of 60,840 or after a dip to 60,550 could push Nifty Bank futures towards 61,500 and 62,000 in the near term [4]. - A breach of the resistance at 60,900 could trigger further upward movement, while a drop below 60,550 may lead to a decline towards the support band of 60,100-60,000 [4]. Trade Strategy - The recommendation is to maintain a long position on Nifty Bank futures initiated at an average level of 60,715, with plans to add longs if the contract slips to 60,580 [5]. - Stop-loss levels are set at 60,380, with adjustments to be made as the contract rises, and profits should be booked at 61,460 [5]. Support and Resistance Levels - Key support levels are identified at 60,550 and 60,400, while resistance levels are at 60,900 and 61,500 [6].