Quote on Morning Outlook 13th February 2026 by Hitesh Tailor, Research Analyst, Choice Broking
Below Quote on Morning Outlook 13th February 2026 by Hitesh Tailor, Research Analyst, Choice Broking
"Indian equity markets are expected to open on February 13 with a negative bias, as GIFT Nifty indicates a weak start near 25,715, down about 143 points, reflecting a cautious undertone at the beginning of the session.
In the previous trading session, the Nifty opened with a 55-point gap-down and remained under sustained selling pressure throughout the day. After a weak sideways-to-bearish movement in the first half, the index slipped to an intraday low of 25,752 before recovering marginally to close at 25,807.20. Immediate resistance is placed in the 25,900–25,950 zone, while key support lies between 25,650–25,700. The RSI at 53.87 signals neutral momentum with a mild bearish bias, indicating limited short-term upside potential.
The Bank Nifty opened flat and traded in a narrow range, reflecting market indecision. The index touched a high of 60,864, slipped to a low of 60,597, and finally closed marginally lower by 5.6 points at 60,739.75. The session was largely range-bound, marked by profit booking and consolidation. Resistance is seen at 60,950–61,050, while support is placed at 60,450–60,550. The RSI at 60.61 indicates underlying bullish momentum, though the overall structure suggests consolidation, with balanced participation from both bulls and bears in the near term.
On the institutional front, FIIs continued their buying streak for the fifth consecutive session on February 12, purchasing equities worth ?108 crore, while DIIs also turned net buyers, investing over ?276 crore in equities.
Amid persistent global uncertainties and heightened market volatility, traders are advised to maintain a disciplined and selective approach, focusing on fundamentally strong stocks on declines. Fresh long positions should be considered only if the Nifty sustains a decisive breakout above the 26,000 level, which would signal a more stable and meaningful improvement in overall market sentiment."
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