Bank Nifty prediction today

BANK NIFTY

NSE

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Short term - Technical Outlook

Bank Nifty continues to exhibit a cautiously positive technical structure despite recent volatility, suggesting that underlying buying interest remains intact. From a technical perspective, the 58,200–58,300 zone continues to act as the immediate resistance. A sustained breakout above this band would reinforce bullish momentum and could pave the way for an advance towards the 58,600–58,700 region.
 
On the downside, the 57,800 level is expected to provide immediate support. However, a decisive break below this zone could trigger profit booking and drag the index towards the 57,600–57,500 support region. Overall, the near-term technical outlook remains cautiously positive, with a sustained move above the 58,200–58,300 resistance band required to confirm the continuation of the ongoing recovery.

 

Short term Research Report Call

Buy Above: 58000 | Targets: 58100, 58200, 58300 | Stop-loss: 57900
Sell Below: 57800 | Targets: 57700, 57600, 57500 | Stop-loss: 57900

Short term Chart

Bank Nifty market sentiment gauge showing bullish and bearish signals.

Long term - Technical Outlook

Bank Nifty continues to trade with a cautious undertone. A sustained move above 58,000 will be crucial to maintain the ongoing recovery. Technically, a sustained move above the 58,300 mark could strengthen bullish momentum and extend the rally towards the 58,600–58,700 region. However, a break below 57,500 may trigger profit booking and lead to weakness towards the 57,200–57,000 support zone.

 

Long term Research Report Call
Buy Above: 58000 | Targets: 58100, 58200, 58300 | Stop-loss: 57900
Sell Below: 57800 | Targets: 57700, 57600, 57500 | Stop-loss: 57900

Long term Chart

Bank Nifty market sentiment gauge showing bullish and bearish signals.

Market View

July 13th 2026

Indian markets opened with a gap-down as investor sentiment turned risk-averse following a fresh escalation in Middle East tensions. Recent U.S. military strikes on Iran, along with the continuing exchange of attacks across the Gulf region and the Strait of Hormuz, have heightened concerns over regional stability and further disruptions to global energy supplies, weighing on overall market sentiment.  

Crude oil prices remain elevated, currently trading in the $74–75 per barrel range, as supply disruption fears continue to support energy prices amid the ongoing conflict. 
 
Meanwhile, the Indian rupee remains under pressure, trading near the ?95.7 mark against the U.S. dollar. The sharp rise in crude oil prices, coupled with heightened demand for the greenback following the U.S.–Iran flare-up, has weighed on the domestic currency. 

Technical view

Nifty 50

Nifty 50 opened with a gap-down near the 24,027 mark, slipping below its immediate support zone and indicating a cautious start to the session. From a technical perspective, the 24,200 region now becomes the immediate resistance. A sustained move above this band will be required to improve sentiment and could support a recovery towards the 24,300–24,400 region.
 
On the downside, the 24,000 psychological mark is expected to provide immediate support, followed by the 23,900–23,800 zone. A decisive break below 23,800 could intensify selling pressure and drag the index towards the 23,600 region. Overall, the near-term technical outlook remains cautious, with Nifty 50 needing to reclaim and sustain above the 24,100–24,200 resistance zone to revive bullish momentum.

Bank Nifty

Bank Nifty opened with a gap-down near the 57,617 mark, in line with the weakness witnessed across the broader market amid cautious global sentiment. From a technical perspective, the 58,000 psychological mark is now expected to act as a crucial resistance, as it coincides with the gap area and the previous session's closing zone. A sustained move above this level would be required to improve sentiment and could pave the way for a recovery towards the 58,200–58,300 region.
 
On the downside, the 57,500–57,400 zone is expected to provide immediate support. A decisive break below this band could accelerate selling pressure and drag the index towards the 57,200–57,000 region. Overall, the near-term technical outlook remains cautious, with Bank Nifty needing to reclaim and sustain above the 58,000 mark to confirm a meaningful recovery.

Market support level is 57,500. Market resistance level is 58,000.

Resistance 58,000

Market view chart showing support 57,500 and resistance 58,000

Support 57,500

FII & DII Activities

Particular

FIIs

DIIs

Net Purchase/ Sales (Cr)

10 Jul 2026

+2,603.72

+2,019.68

MTD-May (Cr)

July

+4,572.89

+11,265.37

Global Market

July 14th 2026

NASDAQ

USA

25,873.18

14th July

Dow Jones

USA

52,498.64

14th July

FTSE

UK

10,498.29

14th July

DAX

GERMAN

25,114.25

14th July

GIFT Nifty

Singapore

24,048

14th July

NIKKEI 225

Japan

67,743.5

14th July

Shanghai

China

3,955.46

14th July

S&P 500

USA

7,515.34

14th July

Market at Closing

July 14th 2026

Top Gainers

WANBURY

337.85

HGS

473.95

SHRADHA

35.54

NURECA

280

Top Losers

AXISBANK

1,309.1

ICICIBANK

1,406

POWERGRID

283.4

UNIONBANK

169.28

Technicals

Buy Above

58066.22

R1

58214.78

R2

58370.09

R3

58646.94

Stop Loss

57890.66

Pivot

57958.18

(All values are in INR)

Sell Below

57850.14

S1

57701.59

S2

57546.28

S3

57269.43

Stop Loss

58025.71

Pivot Basic Levels

Classic

R4
59396.40
R3
59014.92
R2
58633.43
R1
58339.67
Pivot
57958.18
S1
57664.42
S2
57282.93
S3
56989.17
S4
56695.40

Woodie

R4
60005.86
R3
59058.78
R2
58655.36
R1
58383.53
Pivot
57980.11
S1
57708.28
S2
57304.86
S3
57033.03
S4
55954.36

Camarilla

R4
58417.29
R3
58231.59
R2
58169.70
R1
58107.80
Pivot
57958.18
S1
57984.00
S2
57922.10
S3
57860.21
S4
57674.51

Moving Averages

Bullish

Bearish

5 Day

48407.12

10 Day

46332.61

20 Day

45160.75

50 Day

43791.11

100 Day

42782.12

200 Day

41475.94

Momentum Oscillators

Bullish

0

Bearish

1

Neutral

6

Stoch RSI

50.00

ROC

-3.55

Ultimate

54.76

Williams

-64.18

CCI

-47.37

Stochastic

30.04

RSI

53.57

Trend Oscillators & Volatility

Bullish

1

Bearish

0

Neutral

0

ATR

405.50

Low Volatility

MACD

551.07

Bullish

Nifty Stock List

Stock NameCMPChange (%)Market Cap (Cr.)SectorPiotroski Score

HDFCBANK

811.05

-0.8436

1260752.63

Banks

3 / 9

HDFCBANK

604.5

1.0616

1260752.63

Banks

3 / 9

ICICIBANK

1406.5

-0.2128

1011233.59

Banks

8 / 9

SBIN

1022.1

-1.4368

957122.8

Banks

5 / 9

AXISBANK

1311.1

-0.6291

410749.764

Banks

6 / 9

Market Commentary

Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.

Analyst Certification: I/We, Ayushi Jain Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-201900015194.

Frequently asked questions

What is Banknifty?

Banknifty is an index comprising 12 public and private banks with the highest market cap and most liquid from the Banking sector.

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