Bank Nifty Prediction for Monday, 17 February 2025

Following Nifty, Bank Nifty opened higher, and after the immediate selling it spent some time trading near the 49,400 – 49,300 level, it broke that level too and fell sharply to the 49,000 level – and furthermore, it touched the support 48,700 level – but in last it recovers some of the losses and rises back above the 49,000 level and closes the day at 49,099.45 which is 260.40 points or 0.53% lower from the previous closing.

All the banks are trading in red except ICICI Bank which ends the day in green with a rise of 0.90% while the Canara Bank fell the most with a 3.49% loss.

Bank Nifty Prediction for 17 February 2025

Today, Bank Nifty again touched the support of 48,700 and rose back above the 49,000 level which is crazy – as 48,700 is a strong support level, but closing above the 49,000 – suggests a potential upward move in the Index on Monday.

But as the Index continues to fall today after the previous days’ early gains give up, suggests a continuation of the current trend, and Bank Nifty may trade in red on Monday, so wait for the confirmation for any long trade.

Also, the market is completely bearish now, hence the probability of falling further is more than a reversal, so till the Bank Nifty Index maintains its support level, it is fine and might rise higher but once it starts facing rejection from the higher levels, or breaks any support level then it can fall further towards the 48,500 or even lower.

Also Read:

Nifty Prediction for 11 March 2026

By: Raaz Aryan

March 10, 2026

Bank Nifty Support and Resistance for 17 February 2025

Note:- For the Most Accurate Data you can revisit this Page after 11:00 AM (during Trading hours), so we can update the Trade Setup after analyzing the Market.