Nifty Prediction For Today - 12 February 2025

Sachin Gupta Sachin Gupta

Last Updated: 12th February 2025 - 10:33 am

2 min read
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Nifty Prediction for Today - 12 February 2025

NIFTY saw a negative day, dragged down by a broad market sell-off. The extremely bearish Advance Decline Ratio (0.1) highlights the widespread negativity. More than 15 index stocks closed in the red, with EICHERMOT AND APOLLOHOSP topping the loser’s table.

ADANIENT (+1.4%) and GRASIM (+0.7%) bucked the trend. The selloff was sharper in midcap indices as they shed more than 2.5%. Macro worries on Trump tariffs and continued FII selling continue to be key worries.

 

Technically, NIFTY has broken through support levels. RSI has rapidly plummeted and is reminiscent of 2024 December decline. Near term support and resistance levels are 22839/22695 and 23305/23449.

"Sharply down as bearish momentum builds up"

nifty-chart

 

Bank Nifty Prediction for Today - 12 February 2025

BANKNIFTY finished in the red, dragged down by widespread losses.  AXISBANK showed slight resilience (-0.7%), but PNB and CANBK slumped nearly 3%.  

Most other stocks saw declines between -0.8% and -2.1%.  Overall, it was a negative day for the banking sector. Near term support and resistance levels are 48743/48335 and 50064/50472.

bank nifty chart

 

 

Intraday levels  for Nifty, Bank Nifty Levels and  FINNIFTY Levels:

  NIFTY  SENSEX BANKNIFTY FINNIFTY
Support 1 22839 75493 48743 22745
Support 2 22695 74998 48335 22532
Resistance 1 23305 77094 50064 23434
Resistance 2 23449 77589 50472 23647

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