Bank Nifty Prediction for Tomorrow, 11 August 2026: Day 4 Rotation Sets Up as SBI Post-Q1 Booking Meets ICICI Bank Recovery at Monday’s Close of 57,686
- August 10, 2026
- Posted by: Kunal Singla
- Category: News
Bank Nifty Mon close: 57,686.95 (-0.10%). Range: 57,527.75-58,012.60. SBI -2.39% Rs 1,071. ICICI +0.76% Rs 1,431.80. HDFC Rs 731 flat. Pvt Bank +0.52%. PSU Bank -1.67%. VIX 12.19.
The Bank Nifty prediction for tomorrow for Tuesday 11 August 2026 is framed by Monday’s competing banking forces. Bank Nifty closed at 57,686.95, down just 59 points (-0.10%), but that mild negative outcome required absorbing an enormous internal rotation: SBI fell 2.39% to Rs 1,071 as post-Q1 result profit booking from pre-result buyers arrived, removing approximately 140-165 Bank Nifty points. Simultaneously, ICICI Bank rose 0.76% to Rs 1,431.80, adding approximately 85-95 Bank Nifty points from the Day 3 PSU-private rotation reversal, and Bajaj Finance surged 2.24% to Rs 1,102.20, removing NBFC sector overhang. The Bank Nifty prediction for tomorrow for Tuesday (Day 4 of the rotation) has the most constructive setup: if SBI’s post-Q1 profit booking exhausts today ; which Ankit Jaiswal identifies as the historical Day 1 peak for post-result selling ; Tuesday could see both PSU and private banks recover simultaneously, which is the maximum Bank Nifty prediction for tomorrow bull case. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete Bank Nifty prediction for tomorrow.
Click Here – Get Free Investment Predictions
Monday’s Confirmed Data for the Bank Nifty Prediction for Tomorrow
| Index / Stock | Today’s Close (10 Aug) | Change | High / Low |
|---|---|---|---|
| Nifty 50 | 24,583.80 | +13.15 pts (+0.05%) | H: 24,620.55 / L: 24,511.30 |
| Sensex | 78,542.44 | +43.27 pts (+0.06%) | H: 78,672.08 / L: 78,305.94 |
| Bank Nifty | 57,686.95 | -59.50 pts (-0.10%) | H: 58,012.60 / L: 57,527.75 |
| Nifty IT | 31,631.45 | +0.27% (+83.75 pts) | Second positive session |
| Nifty Private Bank | 27,534.30 | +0.52% (+141.95 pts) | ICICI Bank +0.76% led reversal |
| Nifty PSU Bank | 8,639.80 | -1.67% (-146.40 pts) | SBI -2.39% on post-Q1 profit booking |
| Bajaj Finance | Rs 1,102.20 (+2.24%) | Recovered from Friday’s -5.84% crash | High Rs 1,106.10 / Low Rs 1,070.80 |
| SBI | Rs 1,071.00 (-2.39%) | Post-Q1 profit booking; opened Rs 1,108 | High Rs 1,113.30 / Low Rs 1,068.60 |
| ICICI Bank | Rs 1,431.80 (+0.76%) | Day 3 rotation reversal confirmed | High Rs 1,441.90 / Low Rs 1,415.50 |
| HDFC Bank | Rs 731.00 (0.00%) | Unchanged; holding support | High Rs 737.55 / Low Rs 728.50 |
| TCS | Rs 2,425.70 (-1.10%) | Profit booking from Friday’s +3.36% | High Rs 2,472.90 / Low Rs 2,423.50 |
| Infosys | Rs 1,183.00 (+0.67%) | IT sector holding Monday gains | High Rs 1,195.00 / Low Rs 1,175.20 |
| India VIX | 12.19 (+0.25%) | Stable; range 10.82-12.92 intraday | Marginally higher but controlled |
SBI’s Post-Q1 Booking: What Day 1 Tells the Bank Nifty prediction for tomorrow
SBI fell from Thursday’s Rs 1,085 close to a low of Rs 1,068.60 today before closing at Rs 1,071. The total post-Q1 correction from Friday’s high of Rs 1,124.50 to today’s low of Rs 1,068.60 is 55.90 rupees, or approximately 4.97% from intraday peak. Ankit Jaiswal frames this for the Bank Nifty prediction for tomorrow: SBI’s post-Q1 result correction has now reached a historically typical magnitude.
In previous SBI Q1 result cycles where the bank reported NIM improvement and GNPA decline, the post-result profit booking averaged 3-6% over Days 1-2, with recovery beginning on Day 2-3. For the Bank Nifty prediction for tomorrow, this historical context suggests SBI’s profit booking is approximately complete as of today’s close. Tomorrow (Day 2 post-result), SBI stabilising above Rs 1,075 would be tomorrow’s most important signal: it would mean Nifty PSU Bank‘s -1.67% Monday fall does not extend and removes the primary Bank Nifty headwind for Tuesday.
ICICI Bank Day 4: The Bank Nifty prediction for tomorrow’s Primary Upside Driver
ICICI Bank at Rs 1,431.80 (+0.76% today) is now 10.80 rupees above its Friday close of Rs 1,421 and 0.76% above its Monday open of Rs 1,428.10. This is a textbook Day 3 rotation reversal pattern: ICICI Bank’s intraday range was Rs 1,415.50-1,441.90, and it closed near the day’s highs. Kunal Singla identifies this closing-near-highs pattern as Day 3’s most positive signal for the Bank Nifty prediction for tomorrow: it means sellers were exhausted early (at the Rs 1,415 intraday low) and buyers controlled the remainder of the session.
For the Bank Nifty prediction for tomorrow on Day 4 (Tuesday), ICICI Bank’s historical rotation recovery pattern continues: Day 3 close-near-highs is followed by a Day 4 gap-up or positive open in approximately 65% of historical PSU-private rotation cycles. ICICI Bank above Rs 1,440 on tomorrow’s open is tomorrow’s primary positive confirmation. HDFC Bank at Rs 731 (unchanged today, holding above the Rs 728.50 session low) provides the second private banking anchor for the Bank Nifty prediction for tomorrow.
Bank Nifty Technical Levels for the Prediction for Tomorrow
| Level | Zone | Role in Bank Nifty prediction for tomorrow |
|---|---|---|
| Key weekly support | 57,200-57,300 | Only if SBI falls again below Rs 1,060 |
| Monday’s tested low | 57,527.75 | Confirmed buyer zone; Bank Nifty prediction for tomorrow absolute floor for tomorrow |
| Immediate support | 57,500-57,600 | Primary Bank Nifty prediction for tomorrow support; held all of Monday’s selling |
| Monday’s close | 57,686.95 | Bank Nifty prediction for tomorrow reference; above 57,700 = positive opening tone |
| First resistance | 57,900-58,000 | Base case target; Bank Nifty hit 58,012 intraday today |
| Rotation reversal level | 58,100-58,200 | Above here = Day 4 rotation fully confirmed in Bank Nifty prediction for tomorrow |
| Bull case | 58,400-58,500 | Both PSU and private banks recovering simultaneously |
The Bank Nifty prediction for tomorrow Three Scenarios for Tuesday
Bull case (35%): SBI stabilises above Rs 1,075, ICICI Bank extends recovery above Rs 1,440 and Bajaj Finance holds above Rs 1,100. Both PSU and private banks rise simultaneously on Day 4. Bank Nifty prediction for tomorrow target: 58,100-58,200. This is the maximum rotation reversal scenario.
Base case (50%): SBI stabilises near Rs 1,071-1,082 with mild recovery, ICICI Bank holds Rs 1,430-1,445 range, Bajaj Finance holds Rs 1,095-1,110. Bank Nifty prediction for tomorrow range: 57,600-57,900. Consolidation with mild positive bias.
Bear case (15%): SBI continues falling below Rs 1,060 on Day 2 post-result selling, ICICI Bank gives back today’s gains below Rs 1,420. Bank Nifty prediction for tomorrow tests 57,500-57,600 support. Below 57,500 would test 57,200-57,300.
Track Bank Nifty, SBI and ICICI Bank Live on Univest for the Bank Nifty prediction for tomorrow
Conclusion
The Bank Nifty prediction for tomorrow for Tuesday 11 August 2026 is the week’s most pivotal prediction. Ankit Jaiswal of Univest frames today as the transition day: SBI’s post-Q1 profit booking (-2.39% to Rs 1,071) reached a historically typical magnitude, ICICI Bank’s +0.76% reversal confirmed Day 3 of the rotation and Bajaj Finance’s +2.24% recovery removed the NBFC overhang. If SBI exhausted its profit booking on Day 1 (today), the Bank Nifty prediction for tomorrow on Day 4 (Tuesday) has simultaneous positive contribution from both banking segments.
Kunal Singla of Univest places the Bank Nifty prediction for tomorrow support at 57,500-57,600 (today’s confirmed buyer zone at the 57,527 low) and the primary target at 57,900-58,000. Bank Nifty touched 58,012.60 intraday today before retreating on SBI selling pressure. Tomorrow, with SBI selling potentially exhausted, that 58,012 level becomes tomorrow’s primary Bank Nifty prediction for tomorrow target. Watch ICICI Bank at 9:16 AM: above Rs 1,440 is the Bank Nifty prediction for tomorrow bull signal; below Rs 1,415 is the caution signal.
Disclaimer: Data and figures in this article are sourced from publicly available information and may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Download the Univest iOS App or Univest Android App to track Bank Nifty live and receive ICICI Bank and SBI alerts on Tuesday morning.
FAQs on Bank Nifty Prediction for Tomorrow, 11 August 2026
What is the Bank Nifty prediction for tomorrow, 11 August 2026?
Ans. The Bank Nifty prediction for tomorrow is neutral to cautiously positive. Bank Nifty closed at 57,686.95 today (-0.10%), falling 59 points as SBI’s -2.39% profit booking offset ICICI Bank’s +0.76% rotation recovery. The Bank Nifty prediction for tomorrow places support at 57,500-57,600 (today’s low was 57,527.75) and resistance at 57,900-58,000 (today’s high was 58,012.60). The Day 4 rotation reversal is the primary upside catalyst.
Why did Bank Nifty fall today despite ICICI Bank rising in the Bank Nifty prediction for tomorrow context?
Ans. Bank Nifty fell 0.10% today because SBI’s -2.39% (post-Q1 profit booking) offset ICICI Bank’s +0.76% gain. SBI carries approximately 10-12% Bank Nifty weight; a 2.39% decline removes approximately 140-165 Bank Nifty points. ICICI Bank at 12-14% weight gained approximately 85-95 points with its +0.76% move. The net was a mild -59 point Bank Nifty close. The Bank Nifty prediction for tomorrow improves if SBI’s profit booking exhausts.
What is Bank Nifty support and resistance for the prediction for tomorrow?
Ans. Bank Nifty support is at 57,500-57,600 (today’s confirmed buyer zone at the 57,527 low) and 57,200-57,300 (key weekly support). Resistance is 57,900-58,000 (first recovery target; today’s high was 58,012) and 58,200-58,400 (bull case on full rotation reversal) in the Bank Nifty prediction for tomorrow.
Will Bank Nifty cross 58,000 tomorrow in the Bank Nifty prediction for tomorrow?
Ans. The Bank Nifty prediction for tomorrow assigns 35% probability to crossing 58,000 tomorrow. Bank Nifty reached 58,012.60 intraday today before giving back, suggesting the level is within reach. Crossing 58,000 requires ICICI Bank above Rs 1,440, HDFC Bank above Rs 734 and SBI stabilising above Rs 1,075 simultaneously in the Bank Nifty prediction for tomorrow.
Which analysts prepared the Bank Nifty prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, prepared the Bank Nifty prediction for tomorrow using Groww-confirmed Monday 10 August data: Bank Nifty 57,686.95 (-0.10%), intraday range 57,527.75-58,012.60, ICICI Bank Rs 1,431.80 (+0.76%), SBI Rs 1,071 (-2.39%), HDFC Bank Rs 731 (unchanged).
What is the Day 4 rotation significance for the Bank Nifty prediction for tomorrow?
Ans. Day 4 of a PSU-private rotation is historically when the reversal is fully confirmed. Today (Day 3) saw ICICI Bank +0.76% and Nifty Private Bank +0.52%, but SBI’s -2.39% offset the gains. For the Bank Nifty prediction for tomorrow on Day 4, if SBI’s profit booking is complete, both PSU and private banks can recover simultaneously, creating the maximum bull case of 300-400 Bank Nifty points in the Bank Nifty prediction for tomorrow.
