Stock Market Prediction for Monday (Feb 09, 2026) | Nifty, Bank Nifty Levels & Market Insights

Hello friends,

We’ve just completed another busy week in the Indian stock market, where Nifty stayed choppy in a range and Bank Nifty continued to hold higher ground with relative strength. The RBI policy outcome, FII–DII flows, and global cues kept traders active, but we are still not in a one‑way trending market.

In this article, let’s break down the weekly market action, Nifty and Bank Nifty levels, option chain data, key news and events, and build an educational framework for the stock market prediction for Monday in a simple, easy‑to‑understand way.

Weekly Stock Market Review

Indian Stock Market Today – How This Week Played Out

Nifty 50:
According to the latest data, Nifty closed around 25,605–25,650 on Friday after a volatile week that included a sharp intraday swing above 26,300 and then a quick pullback. The index tried to move higher but could not sustain above the 26,300 zone, which shows sellers are active at higher levels.

Over the week, Nifty broadly traded between roughly 25,500 on the downside and 26,300 on the upside, finally settling closer to the mid‑range near 25,600. This behaviour reflects a consolidation phase near the upper end of the long‑term trend.

Bank Nifty (Nifty Bank):
Bank Nifty has been relatively stronger. It is currently around 60,100–60,150 levels, with the latest published value near 60,120. During the week, Bank Nifty saw a strong move from about 58,200 toward 61,700 and then cooled off slightly, but it is still holding well above earlier support zones.

Broader Market:
While frontline indices held up, midcap and small‑cap segments remained more volatile, with traders showing caution after a strong prior run. This is typical when markets are near all‑time highs and investors become more selective.​

What Drove Markets This Week

• RBI Policy: The RBI rate decision and commentary supported sentiment, with markets reacting positively intraday as rates remained stable and the tone stayed broadly balanced.​
• Flows: FIIs have been mixed in February so far, with some days of strong buying and some days of selling, while DIIs remain net buyers month‑to‑date, providing a cushion on declines.
• Global Cues: Global equity markets saw pockets of weakness, especially in some overseas indices, which kept traders alert but did not trigger panic in Indian markets.

Key Technical Levels & Market Bias for the Coming Week

Here are the important reference zones for Monday based on this week’s high–low structure and Friday’s close.

Nifty Outlook – Key Zones

• Immediate support: Around 25,500, which is near Friday’s lower intraday band and this week’s important pivot area.
• Deeper support: Around 25,350–25,300; below this, the index can slide toward 25,000.​
• Immediate resistance: Around 25,800 and then 26,000, which is a psychological level.
• Major resistance: The 26,300 zone, which rejected prices earlier in the week.​

You can imagine Nifty as moving inside a corridor: the floor is near 25,500–25,350 and the ceiling is near 25,800–26,000 for now.

Bank Nifty Prediction – Key Zones

• Immediate support: Around 59,500, where buying interest has appeared recently.
• Stronger support: Around 58,800, near the start of this week’s rally.​
• Immediate resistance: Around 60,800, and then the recent peak zone around 61,700, which marks the upper boundary.

Bank Nifty still looks healthier than Nifty because it is trading closer to the upper band of its recent range and has not broken key supports.

Sector & Stock Performance Snapshot

Stronger Pockets

• Banks / Financials: Bank Nifty’s outperformance indicates that large banking names have supported the index this week.​
• FMCG: Defensive stocks saw interest after the RBI policy, as seen in reports highlighting FMCG gains on the policy day.​

Softer Pockets

• IT: IT stocks have faced pressure for a few sessions, with some days of continued selling mentioned in market commentary.​
• Global‑sensitive sectors: Some export‑linked and risk‑sensitive sectors reacted to global weakness, although the impact on the headline indices remained contained.

Overall, leadership is still relatively narrow, with banks and select defensives doing better while some cyclicals and IT names are under pressure.

Institutional Activity Overview

FII & DII Flows – February So Far

• FIIs: For February month‑to‑date, FIIs show a small net positive figure (around ₹700 crore net buying), but with big daily swings that reflect uncertainty. For example, they were strong net buyers on 3 February and net sellers on other days.​
• DIIs: DIIs have been steady net buyers with more than ₹4,000 crore net inflows month‑to‑date, which keeps downside in check.​

This tug‑of‑war between FIIs and DIIs is one reason why the market is not breaking out sharply nor collapsing; it is more like a balanced tug‑of‑war rope where both sides pull but the centre moves slowly.

Volatility

Implied volatility in index options has stayed moderate, in line with a consolidating market near highs. This environment generally favours range‑bound or spread‑based strategies over aggressive, naked directional bets for many traders.

Option Chain & Market Sentiment

Option chain data gives a live picture of support and resistance zones built by option writers. Let’s decode it in simple terms.

Nifty 50 Option Chain (Near-Term Weekly Series)

From NSE data via trackers:

From the latest NSE Nifty derivatives page:

• Put side: Good open interest is visible at the 25,500, 25,550 and 25,600 strikes in puts like 10FEB26 25,650 PE, 25,550 PE and 25,500 PE, indicating active put writing around these zones.​
• Deep OTM put: There is also interest around the 25,000 PE, but with lower premium, which often serves as a positional “last line” of support.​
• Call side: On the call side, open interest is notable at higher strikes such as 25,900 CE and 26,000 CE, where premiums have cooled sharply, suggesting profit‑booking and fresh call writing at elevated levels.​

Nifty PCR, Max Pain & Inferred Levels

• PCR: With decent put writing around 25,500–25,650 and active call writing at higher levels, the put‑call ratio is broadly balanced to slightly positive, signalling a mildly bullish to range‑bound sentiment rather than fear.
• Max Pain (approx view): OI distribution hints at a magnet zone close to current spot (around 25,700), which means option sellers would be comfortable if Nifty spends more time near this band.

Takeaway for Nifty:
Option chain suggests strong support around 25,500 and layered resistance heading into the 26,000–26,150 zone. Traders seem to be betting on a controlled, range‑bound move on Monday instead of a very big trend day, unless fresh news changes the picture.

Bank Nifty Option Chain (Near-Term Weekly Series)

While the detailed strike‑wise OI snapshot is more limited in the sources here, Bank Nifty spot data and typical positioning around round numbers help us frame the structure.

• Put interest: With spot near 60,100, the 59,500 and 59,000 puts are likely to be important support zones, as they often attract writers when the index trades just above them.
• Call interest: On the upside, 60,500 and 61,000–61,500 calls typically see concentrated OI when Bank Nifty trades near 60,000, acting as resistance layers.

Takeaway for Bank Nifty:
The structure is neutral to mildly bullish, as the index is sitting above strong put zones and still below heavy call walls. This setup often leads to a sideways‑to‑up bias as long as supports are respected.

Important News, Events & Catalysts

Domestic Events

• RBI Policy: The RBI kept rates unchanged and maintained a balanced stance, which supported sentiment and helped Nifty hold near 25,700 levels on the policy day.​
• Earnings: The current result season is ongoing, with several large and mid‑cap companies across banking, metals, infra, and services announcing numbers, driving stock‑specific volatility.​
• FII–DII Dynamics: Mixed FII flows and strong DII buying continue to define the background liquidity story for Indian equities.

Global Events

• Global markets are reacting to US macro data and global growth expectations, which in turn affect risk sentiment, foreign flows, and the performance of export‑oriented sectors.
• Overnight moves in US and Asian markets, as well as changes in global indices and yields, will be key to watch before Monday’s open.

Stock Market Prediction for Monday – Educational View

Instead of trying to “predict” the exact closing level, it is more useful to think in terms of zones, sentiment, and probabilities.

Nifty Outlook for Monday

• As long as Nifty stays above 25,500, the short‑term structure remains constructive with a possibility of moves toward 25,800–26,000.
• A sustained move below 25,500 can open the door towards 25,350 and then 25,200, where buyers may again try to step in.

From an educational perspective, many traders treat 25,500 as the “line in the sand” for Monday: above it, they expect a sideways‑to‑up day; below it, they stay more cautious.

Bank Nifty Prediction for Monday

• Holding above 59,500 keeps Bank Nifty in a favourable zone, with potential attempts to revisit 60,800–61,000 if sentiment stays supportive.
• A break below 59,500 can drag prices toward 58,800, which is an important support area from earlier in the week.​

Since Bank Nifty has shown good relative strength this week, many traders will watch whether banks continue to outperform or start to cool off from higher zones.

Strategy Thinking (Educational Only)

In a market that is near highs but moving in a range:

• Some traders prefer defined‑risk spread strategies instead of naked options, to manage gap risk and volatility spikes.
• Others explore range‑bound structures (like iron condors or hedged short strangles) around zones where max pain and heavy OI overlap, such as the 25,600 band in Nifty, provided their risk management is strong.
• A common practice among disciplined traders is to risk only a small percentage of capital per idea and to exit quickly if key levels are broken.

Final Thoughts

Putting everything together:

• Nifty: Mildly bullish to range‑bound bias for Monday, with 25,500 as key support and 25,800–26,000 as the immediate resistance pocket.
• Bank Nifty: Neutral to mildly bullish bias, with 59,500–58,800 as important support and 60,800–61,700 as the resistance band.
• Sentiment: Balanced, with DIIs still supportive, FIIs mixed, and option data hinting at a controlled trading range rather than a very big trending move.

For traders and investors, the focus for Monday can be on respecting these levels, tracking global cues before the open, and managing risk carefully instead of chasing every intraday swing.

Stay connected with Replete Equities for informed, structured market insights — and remember, consistency is a skill built over time.

Disclaimer

This is educational content only—not investment advice, solicitation, or offer to buy/sell. Markets involve risks; always assess your finances, risk tolerance, and goals. Past performance isn't a future guarantee; opinions and projections may change without notice. No responsibility or liability for losses or damages from using this information. Consult a qualified financial advisor for personalized recommendations.