Probable Nifty 50 and Bank Nifty Directional Movement for 11th February 2025
Nifty 50 Analysis:
Pivot Levels (as of 10th February 2025):
Pivot Point (P): 49,946.58
Resistance Levels: R1 – 50,190.06 | R2 – 50,399.13 | R3 – 50,642.61
Support Levels: S1 – 49,737.51 | S2 – 49,494.03 | S3 – 49,284.96
Bearish Bias: FIIs’ significant short positions indicate downward pressure.
Key Levels to Watch:
Resistance: R1 (50,190.06) – A break above R2 (50,399.13) may signal a reversal.
Support: S1 (49,737.51) – A break below S2 (49,494.03) could trigger further selling.
Outlook: Sideways to bearish movement expected, though DIIs' long positions in index futures may provide some support.
Bank Nifty Analysis:
Pivot Levels (as of 10th February 2025): (Assumed similar levels for Bank Nifty; actual data required.)
Pivot Point (P): 49,946.58
Resistance Levels: R1 – 50,190.06 | R2 – 50,399.13 | R3 – 50,642.61
Support Levels: S1 – 49,737.51 | S2 – 49,494.03 | S3 – 49,284.96
Mixed Bias: FIIs' bearish index stance and DIIs’ short positions in stock futures suggest weakness in banking stocks.
Key Levels to Watch:
Resistance: R1 (50,190.06) – A break above R2 (50,399.13) could signal a bullish reversal.
Support: S1 (49,737.51) – A break below S2 (49,494.03) may intensify selling pressure.
Outlook: Bank Nifty may underperform Nifty due to FIIs’ bearish outlook and DIIs’ short positions in stock futures. Expect a bearish bias with possible pullbacks.
Trading Strategy for 11th February 2025
Nifty 50 Strategy:
Bearish Approach: Consider short positions on rallies towards R1 (50,190.06), with a stop-loss above R2 (50,399.13).
Bullish Approach: If Nifty holds above S1 (49,737.51), consider long positions targeting R1 (50,190.06).
Bank Nifty Strategy:
Bearish Approach: Focus on shorting banking stocks or using bearish options strategies like put buying or bear put spreads.
Bullish Approach: If Bank Nifty holds above S1 (49,737.51), consider long positions targeting R1 (50,190.06).
Conclusion
The market is expected to remain volatile with a bearish bias, driven by FIIs’ short positions and DIIs’ cautious stance. Traders should prioritize risk management and hedge positions, especially in banking stocks. Monitoring global cues and institutional activity will be crucial for further market direction. The provided pivot levels will serve as key reference points for intraday trading on 11th February 2025.
Anish Jagdish Parashar
Securities Analyst
Disclaimer :Content is for educational purposes only .For investment decisions consult your financial advisor.
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