Core Insights - Nifty Bank index opened higher at 61,175, showing a gain of 0.3% from the previous close of 61,047 [1] - The advance-decline ratio is currently 10-4, indicating a positive market sentiment with Canara Bank and ICICI Bank as top gainers [1] - Nifty Private Bank index increased by nearly 0.4%, while Nifty PSU Bank gained 0.3%, suggesting private banks are outperforming public sector banks [2] Nifty Bank Futures - March expiry Nifty Bank futures opened at 61,550, up 0.25% from the previous close of 61,439, currently trading at 61,590 [3] - The futures are consolidating between 61,250 and 61,775, with a breakout above or below these levels indicating the next price direction [3] Price Levels and Trade Strategy - A breakout above the resistance at 61,775 could lead to gains extending to 62,000, while a drop below the support at 61,250 may see declines to 61,000 [4] - The recommended trade strategy is to wait for a break of the 61,250-61,775 range before entering new trades, with supports at 61,250 and 61,000, and resistances at 61,775 and 62,000 [5]
Nifty Bank Prediction Today – February 25, 2026: Nifty Bank futures: In a sideways trend