Nifty 50 weekly analysis covering market trend, technical levels, sector performance and FII–DII data for Indian stock market (23rd February to 27th February, 2026)
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Nifty50 |
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|
Week High |
Week Low |
Market structure |
Range |
|
25771 |
25141 |
LHLL |
630 |
|
Nifty 50 |
||
|
Start |
End |
Return (%) |
|
25571 |
25179 |
-1.53 |
Nifty 50 ended Week 8 at 25179 with weekly loss of 1.53%. It made another lower high lower low (LHLL) structure while the range expanded from previous week (512 → 630), indicating increase in selling pressure. This is a clear short-term bearish continuation.
Nifty 50 Technical Analysis (Weekly View)
Moving Averages:
|
Wk |
Current |
50 DMA |
200 DMA |
|
8 |
25179 |
25695 |
25349 |
The current price (25179) is below both 50 DMA (25695) as well as 200 DMA (25349). The breakdown below 200 DMA is important because it shifts the bias from consolidation to structural vulnerability. Rallies may face resistance with 50 DMA acting as overhead supply. A decisive close above 50 DMA with follow-through momentum will indicate a bullish shift.
Pivot level:
|
Pivot level (classical) |
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|
Resistance 1 |
25390 |
Pivot (25265) |
Support 1 |
25055 |
|
Resistance 2 |
25601 |
Support 2 |
24930 |
|
|
Resistance 3 |
25725 |
Support 3 |
24719 |
|
The price trading below the pivot (25265) indicates the weekly bias remains bearish unless reclaimed. Nifty may trade within the immediate resistance R1 (25390) and immediate Support, S1 (25412). The 200 DMA has shifted close to the pivot price.
Indicators:
RSI: 41
The RSI at 41 confirms bearish momentum, with room of further correctiion before oversold territory (30).
MACD: -58 Signal (-21)
MACD remains deeply negative, suggesting downside pressure has not yet fully exhausted.
The momentum alignment now supports the LHLL structure.
India Vix : 13.7
Despite technical weakness, volatility remains subdued which suggests there is no panic selling but controlled institutional activity. there is gradual decline rather than crash behavior.
Sector Performance (Weekly)
Despite broader weakness in the Nifty 50, selective sectoral strength emerged, indicating defensive positioning and rotation within the market.
Top Performing Sectors:
FMCG, Pharma, IT
While defensive pockets showed resilience, cyclical and rate-sensitive sectors witnessed sustained selling pressure.
Underperforming sectors:
Finance, Realty, Metals
Top gainers of Nifty 50:
HUL, Sun Pharma, Infosys
Top losers of Nifty 50:
HDFC, Tata Steel, Adani Enterprise
FII–DII Activity:
|
Net purchase/Sell (crore) |
|
|
FII |
DII |
|
-4629.54 |
24311.93 |
Foreign Institutional Investors continued heavy selling. However, Domestic Institutional Investors absorbed supply aggressively. This massive DII participation is acting as a liquidity cushion, limiting sharp downside acceleration.
Global Factors:
Brent Crude (77.04 USD)
Dollar Index (97.97)
Crude oil is inching toward the risk zone. Sustained movement above $80 could increase inflation concerns. The Dollar Index remains below 100, which prevents aggressive capital flight from emerging markets. Global cues are mildly negative but not destabilizing.
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