Bank Nifty Prediction for Monday: New Series Consolidation for 29 June 2026

The bank nifty prediction for Monday, 29 June 2026, is for continued consolidation with a positive bias after Nifty 50 closed at 24,056.00 and Bank Nifty ended the week at 58,177.05 (++0.05%). This week saw Bank Nifty surge +1.68% on its Wednesday expiry day, followed by range-bound trade on Thursday. The bank nifty prediction for Monday benefits from a new weekly series starting fresh with no direct Bank Nifty expiry on 29 June 2026. India VIX fell to 13.05 (-2.54%), supporting the bank nifty prediction for Monday’s controlled volatility environment heading into the week.

Kunal Singla, Associate Director at Univest, has reviewed Bank Nifty’s weekly performance, the July series rollover, and the Sensex monthly expiry context to present the bank nifty prediction for Monday. Ankit Jaiswal provides the broader Nifty 50 backdrop that will frame the bank nifty prediction for Monday opening direction.

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Bank Nifty Prediction for Monday: Weekly Close Summary

• Strong Expiry Week: Bank Nifty surged +1.68% on its Wednesday expiry day this week before consolidating on Thursday (++0.05%). The bank nifty prediction for Monday starts from 58,177.05, a constructive level above the 58,000 psychological support zone.
• July Series Fresh Start: Bank Nifty’s July weekly series begins from Monday. The bank nifty prediction for Monday will be partially shaped by where fresh OI concentrates in the new series, with Put OI near 57,500 to 58,000 expected to provide the July series floor.
• Sensex Monthly Expiry Impact: 29 June 2026 is the Sensex monthly options expiry. HDFC Bank and ICICI Bank, which are the two largest Bank Nifty and Sensex components, will face simultaneous Bank Nifty new-series positioning and Sensex monthly expiry pressure on Monday. This makes the bank nifty prediction for Monday more complex than a typical no-expiry session.

Bank Nifty Prediction for Monday: Key Levels

Trend: Consolidation with Positive Bias | Support 57,900 | Resistance 58,500

Level	Bank Nifty
Support 1	57,900
Support 2	57,600
Resistance 1	58,500
Resistance 2	58,700

The bank nifty prediction for Monday from Kunal Singla places 57,900 as the immediate support. This level represents the opening price zone from Bank Nifty’s Wednesday expiry session and aligns with this week’s structural support. A hold above 57,900 on Monday keeps the bank nifty prediction for Monday constructive with a target of 58,500 on the upside. Singla notes that Sensex monthly expiry will create volatility in HDFC Bank and ICICI Bank between 2:00 and 3:30 PM that could temporarily push the bank nifty prediction for Monday below 58,000 before recovering.

F&O Analysis for Bank Nifty Prediction for Monday

• No Bank Nifty Expiry Monday: Bank Nifty weekly options expire on Wednesdays. 29 June 2026 has no direct Bank Nifty pin-risk, making the bank nifty prediction for Monday more directionally driven by macro factors and Sensex monthly expiry effects.
• Sensex Monthly Expiry Effect on Banking: HDFC Bank and ICICI Bank are the largest Bank Nifty and Sensex constituents simultaneously. Monday’s Sensex monthly expiry at the 77,000 to 77,200 max pain zone creates specific afternoon volatility in these stocks that directly moves the bank nifty prediction for Monday by 200 to 400 points.
• July Series OI Build: New July weekly Bank Nifty series OI begins building Monday. High Put OI at 57,500 or below in the new series from Monday open would confirm the bank nifty prediction for Monday bullish thesis for the week.

Global and Macro Cues for Bank Nifty Prediction for Monday

• RBI and Rate Outlook: RBI held rates at 5.25% in June. The start of July brings fresh RBI policy cycle expectations. The bank nifty prediction for Monday benefits from a stable rate outlook supporting banking sector NIMs and credit demand.
• Iran-US Weekend Outcome: A confirmed Iran deal would boost overall market sentiment and support the bank nifty prediction for Monday above 58,000. A collapse would create a risk-off gap-down that tests 57,600 support in the bank nifty prediction for Monday.
• FII June-End Positioning: Month-end FII flows on the last Monday of June will influence the bank nifty prediction for Monday. If FII selling accelerates at month-end, banking stocks as the most FII-heavy sector could see additional pressure on top of Sensex monthly expiry volatility.

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Bank Nifty Prediction for Monday: Trading Strategy

1. 57,900 as Monday Pivot: The bank nifty prediction for Monday uses 57,900 as the go/no-go level. Above 57,900: range-bound to bullish bias targeting 58,500. Below 57,900 on volume: reduce banking longs and wait for stabilisation.
2. Buy Opening Dip: If Bank Nifty opens near 57,900 to 58,000 on Monday with positive GIFT Nifty, the bank nifty prediction for Monday favours a long entry targeting 58,400 with stop at 57,700.
3. Sensex Expiry Window Alert: The bank nifty prediction for Monday advises reducing Bank Nifty positions before 2:00 PM. Sensex monthly expiry between 2:00 and 3:30 PM can create 300 to 500 point Bank Nifty swings via HDFC Bank and ICICI Bank volatility.
4. New Series Upside Play: If July series Put OI builds at 57,500 or below on Monday open, the bank nifty prediction for Monday supports a positional long targeting 59,000 over the next two to three sessions, with this week’s 57,000 low as the stop.

What Data Indicates for Bank Nifty Prediction for Monday

The bank nifty prediction for Monday is supported by two key signals: VIX at 13.05 (multi-week low confirming declining fear) and Bank Nifty’s strong recovery from this week’s 58,109.85 low to 58,177.05 close. Kunal Singla notes that the bank nifty prediction for Monday has a stronger foundation than last Monday’s opening given that this week’s expiry events have all resolved cleanly, leaving the sector in a technically sound position.

Ankit Jaiswal adds that DII buying of Rs 66,215 crore MTD provides the structural support that prevents sharp corrections in the bank nifty prediction for Monday. Even if month-end FII selling creates short-term pressure, DII demand will absorb it, keeping the bank nifty prediction for Monday range-bound rather than sharply directional on the downside.

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Risks to Bank Nifty Prediction for Monday

• Iran Weekend Collapse: A breakdown in Iran-US talks would gap down the bank nifty prediction for Monday below 57,600, testing 57,500 support.
• Sensex Monthly Expiry Cascade: A sharp cascading Sensex monthly expiry move could push HDFC Bank and ICICI Bank sharply, dragging the bank nifty prediction for Monday below 57,900 in the afternoon session.
• FII Month-End Selling: Aggressive June-end FII redemptions in banking stocks would pressure the bank nifty prediction for Monday below 57,900 even if the broader market holds above Nifty 50’s 23,950 support.

Stocks to Watch on Monday, 29 June 2026

Ankit Jaiswal and Kunal Singla of Univest flag three stocks for Monday 29 June 2026. Note that 29 June 2026 is the Sensex monthly expiry, adding specific volatility to Sensex heavyweight names like HDFC Bank, ICICI Bank, Reliance, and Infosys in the 2:00 to 3:30 PM window.

Stock	CMP (25 June 2026)	Entry Zone	Target	Stop Loss
ICICI Bank	Rs 1,387.50	Rs 1,382 to Rs 1,392	Rs 1,412 to Rs 1,420	Rs 1,368
HDFC Bank	Rs 796.30	Rs 793 to Rs 799	Rs 812 to Rs 818	Rs 783
Reliance Industries	Rs 1,318.10	Rs 1,314 to Rs 1,320	Rs 1,338 to Rs 1,345	Rs 1,300

ICICI Bank at Rs 1,387.50 (+1.01% on 25 June 2026) is the standout banking momentum stock heading into Monday. Jaiswal flags the Rs 1,382 to Rs 1,392 entry zone targeting Rs 1,412 with stop at Rs 1,368. As a top Sensex constituent, ICICI Bank will see specific Monday Sensex monthly expiry positioning during the 2:00 to 3:30 PM window. HDFC Bank at Rs 796.30 is the largest Sensex component and Singla flags it as the primary Sensex monthly expiry anchor stock for Monday. Entry Rs 793 to Rs 799, target Rs 812, stop Rs 783. Reliance Industries at Rs 1,318.10 benefits from continued crude oil weakness reducing downstream input costs. Jaiswal sees Rs 1,314 to Rs 1,320 as the entry zone targeting Rs 1,338, with stop at Rs 1,300.

Conclusion

The bank nifty prediction for Monday on 29 June 2026 is for consolidation with a positive bias. Kunal Singla places 57,900 as the critical floor and 58,500 as the upside target. The bank nifty prediction for Monday turns decisively bullish above 58,500 and cautious below 57,900. Sensex monthly expiry on 29 June 2026 is the primary intraday complication. This bank nifty prediction for Monday is based on data as of 25 June 2026. Check GIFT Nifty before 9:15 AM and monitor Sensex monthly expiry max pain at 77,000 to 77,200 throughout Monday.

FAQs

What is the Bank Nifty Monday outlook, 29 June 2026?

Ans. The Bank Nifty Monday outlook is consolidation with positive bias. Bank Nifty closed at 58,177.05 this week with VIX at 13.05. Support is 57,900 and resistance is 58,500 for Monday. No direct Bank Nifty expiry Monday; Sensex monthly expiry adds afternoon volatility.

Is there a Bank Nifty expiry on 29 June 2026?

Ans. No. Bank Nifty weekly expiry is on Wednesdays. Monday 29 June 2026 has the Sensex monthly expiry instead, which creates indirect Bank Nifty volatility via HDFC Bank and ICICI Bank as shared Sensex and Bank Nifty heavyweights. The Bank Nifty Monday outlook accounts for this Sensex monthly expiry cross-effect between 2:00 and 3:30 PM.

What is Bank Nifty support for Monday 29 June 2026?

Ans. The Bank Nifty Monday outlook places support at 57,900 and 57,600. Resistance is 58,500 and 58,700. A hold above 57,900 is the base case for the Bank Nifty Monday outlook to maintain its positive bias heading into the new July series week.

How does the Sensex monthly expiry affect Bank Nifty Monday outlook?

Ans. Sensex monthly expiry on 29 June 2026 directly impacts HDFC Bank and ICICI Bank, the two largest Bank Nifty components. These stocks face Sensex pin-risk near 77,000 to 77,200 max pain on Monday, creating 300 to 500 point Bank Nifty swings between 2:00 and 3:30 PM. Reduce Bank Nifty positions before 2:00 PM.

What stocks for Bank Nifty Monday outlook?

Ans. For the Bank Nifty Monday outlook, ICICI Bank (entry Rs 1,382 to Rs 1,392, target Rs 1,412), HDFC Bank (Sensex monthly expiry anchor, entry Rs 793 to Rs 799, target Rs 812), and Reliance (entry Rs 1,314 to Rs 1,320, target Rs 1,338) are the primary picks for Monday.