Nifty Trading Plan for February 12
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Moneycontrol12-02-2026, 03:54

Nifty 50, Bank Nifty: Consolidation Nears End, Targets 26,200 and 61,400

  • Nifty 50 and Bank Nifty are in a consolidative phase after a sharp rally, with experts expecting an imminent breakout.
  • Nifty 50 aims for 26,200 if it breaks above 26,000; Bank Nifty targets 61,400 if it holds above 60,500.
  • Technical indicators like MACD and RSI signal improving strength for Nifty, while India VIX cooling off supports positive sentiment.
  • Bank Nifty shows stronger underlying momentum, trading above key moving averages with RSI above 60.
  • Experts recommend buying Nifty Futures on dips (25,930-25,960) and Bank Nifty Futures (60,600-60,700) with specific targets and stop-losses.

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