By Somnath Das | www.markshala.com
The Indian equity market demonstrated steady strength on Tuesday, 10 February 2026, as the Nifty index continued to respect important technical levels and maintain its constructive price structure. Despite a gap-up opening, the session remained largely disciplined, allowing traders to observe controlled price movements rather than erratic volatility. This market behavior once again highlighted the importance of structured technical analysis and patient trade execution.
In this article, we take a detailed look at today’s Nifty Future price action, analyze the broader market trend through technical indicators, outline a well-defined trading framework for Wednesday, 11 February 2026, review the performance of the Stock of the Day, and also examine major global and geopolitical developments from the past 24 hours that may influence market sentiment.
Nifty Future Price Action Review – Tuesday, 10 February 2026
During today’s trading session, Nifty Future recorded an intraday trading range of approximately 84 points. From the previous day’s close, the index moved nearly 135 points higher. However, due to a strong gap-up opening, the effective tradable intraday range narrowed to around 85 points, which limited short-term trading opportunities.
Within the first five minutes of market opening, Nifty Future reached the 25,958 level. This price zone had already been identified as a crucial support and potential long-entry area based on prior technical analysis. As expected, price action around this level created a favorable intraday long setup.
One of the most notable features of today’s session was the strength displayed by the 25,958 support zone. Even when the market attempted to break below this level on two separate occasions, buyers stepped in decisively, preventing any meaningful breakdown. As a result, even traders who chose to hold the position passively throughout the day would not have faced the predefined stop loss of 50 points at any stage.
By the end of the session, Nifty Future closed near the 25,969 mark. While the maximum upside potential from this setup was limited to around 85 points or less, the trade remained comfortably in positive territory. This session once again reinforced a core trading principle: identifying strong levels and allowing price action to unfold naturally often leads to better risk-managed outcomes than chasing aggressive intraday moves.
Stock of the Day Performance Review – Bandhan Bank
The Stock of the Day for Tuesday, Bandhan Bank, delivered another encouraging performance and validated the technical setup discussed earlier. The stock offered a buying opportunity within the 160 to 162 price range and soon gained upward momentum during the session.
Bandhan Bank recorded an intraday high close to 167 before settling near the 166 level at the close. This sustained price action reflects healthy buying interest and a constructive short-term trend. As the trade progressed favorably, the stop loss was trailed upward to 159, ensuring that capital remains protected while still allowing scope for further upside.
This trade serves as a practical example of disciplined trade management. Once a position starts moving in the trader’s favor, timely adjustment of risk levels becomes essential. Effective management often makes the difference between a consistently profitable approach and an emotionally driven one.
Overall Market Structure – Nifty Spot Analysis
From a broader market perspective, Nifty continues to display encouraging technical strength. On the daily chart of Nifty Spot, a positive crossover between the 20-day and 50-day Double Exponential Moving Averages (DEMA) is clearly visible. This crossover often indicates a shift toward a more sustainable bullish trend.
Additionally, Nifty has now managed to close above the 25,860 level for two consecutive sessions. This development strengthens the probability of continued upward momentum and confirms a positive shift in medium-term market structure.
The next major resistance zone to monitor remains the lifetime high of 26,373. A sustained move beyond this region could potentially push Nifty into a new price discovery phase, something the market has been attempting to achieve for nearly the past one and a half years.
Another positive technical signal is the formation of back-to-back higher highs and higher lows on the daily chart. This pattern typically reflects improving market confidence and growing participation from buyers. Multiple indicators across timeframes now suggest that overall market sentiment is gradually turning more optimistic.
Trading Strategy Framework for Wednesday, 11 February 2026
As always, any trading plan must be approached with discipline, clarity, and strict risk management. The strategies outlined below are purely technical in nature and intended for educational and analytical purposes.
For bullish momentum, a long-side intraday trade may be considered only if Nifty Future trades convincingly above the 26,043 level. Sustained price action above this zone could indicate fresh buying interest and increasing upside momentum. In such a scenario, a stop loss of 50 points with an initial target of 100 points may be maintained, while keeping a close watch on resistance areas near 26,199 and 26,322.
On the downside, a short-side intraday setup becomes relevant only if Nifty Future trades decisively below 25,915. A convincing breakdown below this support could activate bearish momentum. Under such conditions, a stop loss of 50 points and a target of 100 points may be applied, with immediate support zones expected near 25,736 and 25,662.
In case the market opens between 25,915 and 26,043 and continues to remain range-bound without a clear directional breakout, a range-trading approach may be considered. In such conditions, buying near the lower boundary and selling near the upper boundary can be planned, while strictly adhering to disciplined risk management.
One of the most critical components of consistent trading performance is controlling trade frequency. As a general principle, no more than two trades should be executed in a single session, preferably a combination of one range-based trade and one momentum trade. If the first trade successfully achieves its objective, it is usually prudent to avoid taking additional positions for the day, thereby preserving both capital and mental discipline.
Stock of the Day for Wednesday, 11 February 2026 – Schneider Electric
Schneider Electric has emerged as the Stock of the Day for Wednesday based on favorable technical structure and encouraging price-volume behavior. The chart indicates a constructive setup that supports a buy-side positional view. The stock may be observed near the current market price of around 785 or nearby levels, with a protective stop loss placed at 754. The visible positional target stands near the 800 zone. This setup reflects a healthy risk-to-reward structure and aligns well with disciplined trading principles. As always, traders should approach such setups with proper position sizing and risk awareness.
Global and Geopolitical Developments – Last 24 Hours
From a global standpoint, market sentiment remains broadly supportive. Indicators across major economies suggest early signs of synchronized economic recovery, supported by rising equity markets, firm commodity prices, and fiscal stimulus measures.
In Europe, French President Emmanuel Macron reiterated the importance of strengthening the European Union’s strategic autonomy in response to evolving geopolitical dynamics. Global equity markets continued to show resilience, with Japan’s Nikkei index touching record highs, reflecting improved investor confidence.
Meanwhile, the British pound weakened against major currencies amid political uncertainty and expectations of future monetary easing by the Bank of England. Crude oil prices softened slightly as markets balanced geopolitical risks with the absence of immediate supply disruptions, influencing inflation expectations and currency trends across emerging economies.
Closing Perspective
Nifty continues to exhibit a constructive market structure, supported by improving technical indicators and positive global cues. However, as the index approaches important resistance zones, traders and investors must remain cautious, disciplined, and focused on risk management rather than aggressive positioning.
Structured planning, confirmation-based entries, and emotional control remain the foundations of long-term market success. By maintaining a disciplined approach, traders can navigate market fluctuations with greater confidence and consistency.
For regular market insights, technical analysis, and structured trading perspectives, stay connected with MarketShala — your trusted partner in financial education and market understanding.
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Disclaimer
The views and analysis provided above are for educational and informational purposes only and should not be considered as financial or investment advice. Trading and investing in the stock market involve risk, and past performance does not guarantee future results.
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