India VIX

India VIX rallies 10.12% to 13.46, signaling discomfort for bulls, Falling Nifty decisively below 25,300–25,200 zone can bring bears in power, In case of bounce back, Nifty may face resistance at 25,500–25,600 zone

* India VIX rallies 10.12% to 13.46, signaling discomfort for bulls
* Falling Nifty decisively below 25,300–25,200 zone can bring bears in power
* In case of bounce back, Nifty may face resistance at 25,500–25,600 zone

shorts/business/technical-view-nifty-s-200-dma-under-major-threat-as-geopolitical-tensions-fuel-oil-rally-and-spike-vix-bank-nifty-slips-below-61-000

* India VIX rallies 10.12% to 13.46, signaling discomfort for bulls
* Falling Nifty decisively below 25,300–25,200 zone can bring bears in power
* In case of bounce back, Nifty may face resistance at 25,500–25,600 zone

The Nifty 50 almost wiped out all its previous three days’ gains in a single session on February 19, as bears took complete control of the market, sending all sectors into the red amid geopolitical tensions between the US and Iran. The tensions pushed oil prices higher and raised inflation concerns.

The index slipped below all key moving averages (10-, 20-, 50-, and 100-day EMAs) in a single session and moved closer to the 200-day SMA (25,300) for the second time during the current week. Notably, on Monday (February 16), it touched an intraday low of 25,373 and rebounded sharply.

Even the India VIX, also known as the fear gauge, saw a steep rally of 10.12 percent to 13.46, signaling discomfort for bulls and increasing uncertainty. Sustaining above the 13 zone could pose a major risk for bulls.

Hence, if the index decisively breaks the 25,300–25,200 zone (200-day SMA and EMA), the filling of the long bullish gap of February 3 (25,108–26,341) cannot be ruled out in the next few sessions. However, holding above these levels could renew buying interest, with the index facing resistance in the 25,500–25,600 zone, which are crucial levels for regaining strength, experts said.

The Nifty 50 opened higher at 25,873 and tested an intraday high of 25,885, but immediately erased those opening gains and extended its sharp decline as the day progressed. The index touched a day’s low of 25,389 before closing at 25,454, down 365 points (1.41 percent — the biggest single-day fall since February 1).

The benchmark index formed a long bearish candle and almost engulfed the previous three green candles. The RSI stood at 45.60, while the Stochastic RSI turned bearish. The MACD inched down toward the zero line and signal line, with fading momentum in the histogram. All this indicates weakening momentum and a possible continuation of the downward trend.

Technically, the day’s market action indicates the formation of a ‘Bearish Engulfing’ pattern and a faster retracement of the previous three sessions’ range on the downside within a single session. This is not a good sign, said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the short-term trend of the Nifty reversed sharply downward on Thursday after a minor bounce-back. “A slide below 25,400 could drag the Nifty down to the next support of 25,200–25,100 levels in the near term,” he said.

Monthly options data indicate a 25,000–25,800 trading range for the Nifty 50 in the short term, as a breakout on either side could provide firm direction to the market. The 25,000 strike holds the maximum Put open interest, while the maximum Call open interest is placed at the 25,800 strike. Further, the PCR (Put-Call Ratio) dropped by 0.51 in a single session to 0.71, indicating increased bearish positioning.

Brent crude oil prices broke out of the consolidation range of the previous three weeks on the upside and climbed above $71 per barrel on Thursday, exacerbating inflationary concerns and triggering heightened market volatility amid fears of bottlenecks in the Strait of Hormuz. In fact, prices were trading at the upper Bollinger Bands at the time of writing this article, rising 22 percent in the last two months.

Bank Nifty

The banking index also witnessed significant selling pressure on Thursday, falling 811 points (1.32 percent) to 60,740. It formed a long bearish candle on the daily timeframe, which engulfed the previous two red candles, suggesting a potential reversal or at least a pause following the recent rise.

Though the Bank Nifty managed to sustain above the 10-day EMA on a closing basis, the index remains well above other key moving averages.

The RSI entered a bearish crossover and is trending lower, indicating weakening momentum. The Stochastic RSI also showed a negative crossover. The MACD inclined downward, though it held above the reference line, while the histogram signaled fading momentum. All this indicates a loss of bullish strength.

“The bullish trend appears to be waning after the formation of a large red candle on the daily chart. Overall, the sentiment looks weak,” said Rupak De, Senior Technical Analyst at LKP Securities.

According to him, on the lower end, support is seen at 60,500, followed by 60,000 as a crucial level. On the higher end, resistance is placed at 61,200.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

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Technical View: Nifty's 200-DMA under major threat as geopolitical tensions fuel oil rally and spike VIX; Bank Nifty slips below 61,000

The Nifty 50 almost wiped out all its previous three days’ gains in a single session on February 19, as bears took complete control of the market, sending all sectors into the red amid geopolitical tensions between the US and Iran. The tensions pushed oil prices higher and raised inflation concerns.

The index slipped below all key moving averages (10-, 20-, 50-, and 100-day EMAs) in a single session and moved closer to the 200-day SMA (25,300) for the second time during the current week. Notably, on Monday (February 16), it touched an intraday low of 25,373 and rebounded sharply.

Even the India VIX, also known as the fear gauge, saw a steep rally of 10.12 percent to 13.46, signaling discomfort for bulls and increasing uncertainty. Sustaining above the 13 zone could pose a major risk for bulls.

Hence, if the index decisively breaks the 25,300–25,200 zone (200-day SMA and EMA), the filling of the long bullish gap of February 3 (25,108–26,341) cannot be ruled out in the next few sessions. However, holding above these levels could renew buying interest, with the index facing resistance in the 25,500–25,600 zone, which are crucial levels for regaining strength, experts said.

The Nifty 50 opened higher at 25,873 and tested an intraday high of 25,885, but immediately erased those opening gains and extended its sharp decline as the day progressed. The index touched a day’s low of 25,389 before closing at 25,454, down 365 points (1.41 percent — the biggest single-day fall since February 1).

The benchmark index formed a long bearish candle and almost engulfed the previous three green candles. The RSI stood at 45.60, while the Stochastic RSI turned bearish. The MACD inched down toward the zero line and signal line, with fading momentum in the histogram. All this indicates weakening momentum and a possible continuation of the downward trend.

Technically, the day’s market action indicates the formation of a ‘Bearish Engulfing’ pattern and a faster retracement of the previous three sessions’ range on the downside within a single session. This is not a good sign, said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the short-term trend of the Nifty reversed sharply downward on Thursday after a minor bounce-back. “A slide below 25,400 could drag the Nifty down to the next support of 25,200–25,100 levels in the near term,” he said.

Monthly options data indicate a 25,000–25,800 trading range for the Nifty 50 in the short term, as a breakout on either side could provide firm direction to the market. The 25,000 strike holds the maximum Put open interest, while the maximum Call open interest is placed at the 25,800 strike. Further, the PCR (Put-Call Ratio) dropped by 0.51 in a single session to 0.71, indicating increased bearish positioning.

Brent crude oil prices broke out of the consolidation range of the previous three weeks on the upside and climbed above $71 per barrel on Thursday, exacerbating inflationary concerns and triggering heightened market volatility amid fears of bottlenecks in the Strait of Hormuz. In fact, prices were trading at the upper Bollinger Bands at the time of writing this article, rising 22 percent in the last two months.

Bank Nifty

The banking index also witnessed significant selling pressure on Thursday, falling 811 points (1.32 percent) to 60,740. It formed a long bearish candle on the daily timeframe, which engulfed the previous two red candles, suggesting a potential reversal or at least a pause following the recent rise.

Though the Bank Nifty managed to sustain above the 10-day EMA on a closing basis, the index remains well above other key moving averages.

The RSI entered a bearish crossover and is trending lower, indicating weakening momentum. The Stochastic RSI also showed a negative crossover. The MACD inclined downward, though it held above the reference line, while the histogram signaled fading momentum. All this indicates a loss of bullish strength.

“The bullish trend appears to be waning after the formation of a large red candle on the daily chart. Overall, the sentiment looks weak,” said Rupak De, Senior Technical Analyst at LKP Securities.

According to him, on the lower end, support is seen at 60,500, followed by 60,000 as a crucial level. On the higher end, resistance is placed at 61,200.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Sensex fell 1,236 points, Nifty down 365 points on Feb 18, All sectoral indices ended in the red, led by Auto and Realty, BSE market cap dropped by over Rs 7 lakh crore

* Sensex fell 1,236 points, Nifty down 365 points on Feb 18
* All sectoral indices ended in the red, led by Auto and Realty
* BSE market cap dropped by over Rs 7 lakh crore

Indian equity markets ended a three-day winning streak on February 18, with Sensex and Nifty falling amid broad sector losses and US-Iran tensions. Over 140 stocks hit 52-week lows, market cap dropped by Rs 7 lakh crore, and all sectoral indices closed in red.

shorts/business/taking-stock-nifty-below-25-500-as-market-ends-3-day-winning-streak-sensex-tumbles-1-236-pts

* Sensex fell 1,236 points, Nifty down 365 points on Feb 18
* All sectoral indices ended in the red, led by Auto and Realty
* BSE market cap dropped by over Rs 7 lakh crore

Indian equity markets failed to sustain their early momentum and snapped a three-day gaining streak on February 18, with the Nifty slipping below the 25,400, intraday, amid broad-based selling across sectors. Investor sentiment was further weighed down by escalating tensions between the US and Iran.

After opening on a positive note, the indices pared their initial gains within the first hour of trade and gradually extended losses as the session progressed. In the last hour, profit booking dragged the Nifty below the 25,400-mark, eventually closing near the day’s low.

At close, the Sensex was down 1,236.11 points or 1.48 percent at 82,498.14, and the Nifty was down 365 points or 1.41 percent at 25,454.35.

The broader indices mirrored the performance of the benchmark indices, with the Nifty Midcap index declining 1.6 percent and the Nifty Smallcap index falling 1.3 percent.

The market capitalisation of BSE-listed companies fell by more than Rs 7 lakh crore on Thursday.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/mcx-nse-withdraw-additional-margins-on-gold-and-silver-futures-as-bullion-volatility-eases-13835233.html">MCX, NSE withdraw additional margins on gold and silver futures as bullion volatility eases</a>

Biggest Nifty losers included Interglobe Aviation, M&amp;M, Bharat Electronics, UltraTech Cement and Trent, while gainers were Dr Reddy's Laboratories, ONGC, HDFC Life and Hindalco Industries.

All the sectoral indices ended in the red with Auto, Capital Goods, Realty, Power, Consumer Durables, Media down 2% each.

Also Read - <a href="https://www.moneycontrol.com/news/business/ipo/upcoming-ipos-clean-max-pngs-reva-diamond-among-3-mainboard-ipos-opening-next-week-check-latest-gmp-13835391.html">Upcoming IPOs: Clean Max, PNGS Reva Diamond among 3 mainboard IPOs opening next week, check latest GMP</a>

In stock specific action, Hilton Metal Forging shares fell 11% after board approves issue of 1.67 crore rights equity shares, Dixon Technologies shares fell 3% after CLSA downgrades rating and cut target price, Jindal Saw shares shed 4% on API restrictions.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/has-infosys-ai-day-done-enough-to-boost-market-sentiment-after-shares-tank-20-in-one-month-13835381.html">Has Infosys' AI day done enough to boost market sentiment after shares tank 20% in one month?</a>

More than 140 stocks touched their 52-week low, including Brainbees Solutions, C. E. Info, LT Technology, Clean Science, Just Dial, Vedant Fashions, Info Edge, Jyothy Labs, Inox Wind, Ola Electric, KEC International, NCC, Cello World, among others. <a href="https://www.moneycontrol.com/stocks/market-stats/52-week-low-bse/?indexName=BSE%20500&amp;id=12">Click to View More</a>

More than 100 stocks touched their 52-week high, including RBL Bank, MRPL, Torrent Pharma, JB Chemicals, AU Small Finance, KEI Industries, Union Bank, Bank of India, Indian Bank, Voltas, Tata Steel, Bharat Forge, Bank of Maharashtra, Indus Towers, Eicher Motors, Jindal Steel, Bajaj Auto, Marico, among others. <a href="https://www.moneycontrol.com/stocks/market-stats/52-week-high-bse/?indexName=BSE%2520500&amp;id=12#google_vignette">Click to View More</a>

Outlook for February 20

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty 50 erased the preceding three sessions’ gains in just one session, reversing the improving sentiment amid rising US–Iran tensions. The index slipped back below the 50DMA as well as the 21EMA in one go. The 200DMA is now positioned nearby and appears vulnerable. Follow-up selling on Friday or Monday could lead to a breakdown below the 200DMA, which may reactivate the bearish trend. On the lower end, support is placed at 25,330/25,000, while on the higher end, resistance is seen at 25,650.

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

On Thursday, the Nifty index opened with a minor gap-up, but the optimism was short-lived. The benchmark quickly lost momentum and slipped into a persistent downtrend, forming a clear pattern of lower tops and lower bottoms throughout the session. Selling pressure intensified as the day progressed, dragging the index to a close at 25454, marking a sharp decline of 1.41%.

Going ahead, for Nifty, the zone of 25350-25300 will act as immediate support for the index. Any sustainable move below 25300 will lead to further correction up to the 25150, followed by the 25000 level in the short term. While, on the upside, the 500-day EMA zone of 25550-25600 will act as an immediate hurdle for the index.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Taking Stock: Nifty below 25,500 as market ends 3-day winning streak; Sensex tumbles 1,236 pts

Indian equity markets failed to sustain their early momentum and snapped a three-day gaining streak on February 18, with the Nifty slipping below the 25,400, intraday, amid broad-based selling across sectors. Investor sentiment was further weighed down by escalating tensions between the US and Iran.

After opening on a positive note, the indices pared their initial gains within the first hour of trade and gradually extended losses as the session progressed. In the last hour, profit booking dragged the Nifty below the 25,400-mark, eventually closing near the day’s low.

At close, the Sensex was down 1,236.11 points or 1.48 percent at 82,498.14, and the Nifty was down 365 points or 1.41 percent at 25,454.35.

The broader indices mirrored the performance of the benchmark indices, with the Nifty Midcap index declining 1.6 percent and the Nifty Smallcap index falling 1.3 percent.

The market capitalisation of BSE-listed companies fell by more than Rs 7 lakh crore on Thursday.

Also Read - MCX, NSE withdraw additional margins on gold and silver futures as bullion volatility eases

Biggest Nifty losers included Interglobe Aviation, M&amp;amp;M, Bharat Electronics, UltraTech Cement and Trent, while gainers were Dr Reddy's Laboratories, ONGC, HDFC Life and Hindalco Industries.

All the sectoral indices ended in the red with Auto, Capital Goods, Realty, Power, Consumer Durables, Media down 2% each.

Also Read - Upcoming IPOs: Clean Max, PNGS Reva Diamond among 3 mainboard IPOs opening next week, check latest GMP

In stock specific action, Hilton Metal Forging shares fell 11% after board approves issue of 1.67 crore rights equity shares, Dixon Technologies shares fell 3% after CLSA downgrades rating and cut target price, Jindal Saw shares shed 4% on API restrictions.

Also Read - Has Infosys' AI day done enough to boost market sentiment after shares tank 20% in one month?

More than 140 stocks touched their 52-week low, including Brainbees Solutions, C. E. Info, LT Technology, Clean Science, Just Dial, Vedant Fashions, Info Edge, Jyothy Labs, Inox Wind, Ola Electric, KEC International, NCC, Cello World, among others. Click to View More

More than 100 stocks touched their 52-week high, including RBL Bank, MRPL, Torrent Pharma, JB Chemicals, AU Small Finance, KEI Industries, Union Bank, Bank of India, Indian Bank, Voltas, Tata Steel, Bharat Forge, Bank of Maharashtra, Indus Towers, Eicher Motors, Jindal Steel, Bajaj Auto, Marico, among others. Click to View More

Outlook for February 20

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty 50 erased the preceding three sessions’ gains in just one session, reversing the improving sentiment amid rising US–Iran tensions. The index slipped back below the 50DMA as well as the 21EMA in one go. The 200DMA is now positioned nearby and appears vulnerable. Follow-up selling on Friday or Monday could lead to a breakdown below the 200DMA, which may reactivate the bearish trend. On the lower end, support is placed at 25,330/25,000, while on the higher end, resistance is seen at 25,650.

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

On Thursday, the Nifty index opened with a minor gap-up, but the optimism was short-lived. The benchmark quickly lost momentum and slipped into a persistent downtrend, forming a clear pattern of lower tops and lower bottoms throughout the session. Selling pressure intensified as the day progressed, dragging the index to a close at 25454, marking a sharp decline of 1.41%.

Going ahead, for Nifty, the zone of 25350-25300 will act as immediate support for the index. Any sustainable move below 25300 will lead to further correction up to the 25150, followed by the 25000 level in the short term. While, on the upside, the 500-day EMA zone of 25550-25600 will act as an immediate hurdle for the index.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Benchmark indices Sensex and Nifty staged a partial recovery on February 19 from day's low as buyers found comfort at lower levels. Sensex rose 200 points from day's low while Nifty reclaimed the all-important 25,600 level.

At 1:24 pm, the Sensex was down 667.52 points or 0.8% at 83,066.73, and the Nifty was down 188.75 points or 0.73% at 25,630.60. About 1,370 shares advanced, 2,341 shares declined, and 147 shares were unchanged.

Three reasons behind partial market recovery:
<ol>
	<li>Value buying</li>
</ol>
Value buying emerged on Indian stock markets as buyers found comfort at lower levels.

2. FII buying

Foreign Institutional Investors (FIIs) extended their buying activity for the second straight session on February 18, with net purchases worth ₹1,154 crore. Domestic Institutional Investors (DIIs) also remained net buyers for the fifth consecutive session, investing ₹440 crore in equities.

3. Technical level

From a technical perspective, Nifty took support at 25,600 level.

"The 25,600–25,500 zone has strengthened as a solid accumulation base. Nifty is trading above its 10- and 20-day EMAs, reflecting improving short-term momentum. However, immediate resistance is placed at 25,850. A decisive close above this level could trigger fresh short covering and push the index higher. The RSI is hovering near the 50 mark, indicating room for further upside upon breakout," said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

This story will be updated

Sensex rises 200 pts from day's low, Nifty reclaims 25,600: Three reasons behind partial market recovery

Benchmark indices Sensex and Nifty staged a partial recovery on February 19 from day's low as buyers found comfort at lower levels. Sensex rose 200 points from day's low while Nifty reclaimed the all-important 25,600 level.

At 1:24 pm, the Sensex was down 667.52 points or 0.8% at 83,066.73, and the Nifty was down 188.75 points or 0.73% at 25,630.60. About 1,370 shares advanced, 2,341 shares declined, and 147 shares were unchanged.

Three reasons behind partial market recovery:

	Value buying

Value buying emerged on Indian stock markets as buyers found comfort at lower levels.

2. FII buying

Foreign Institutional Investors (FIIs) extended their buying activity for the second straight session on February 18, with net purchases worth ₹1,154 crore. Domestic Institutional Investors (DIIs) also remained net buyers for the fifth consecutive session, investing ₹440 crore in equities.

3. Technical level

From a technical perspective, Nifty took support at 25,600 level.

&quot;The 25,600–25,500 zone has strengthened as a solid accumulation base. Nifty is trading above its 10- and 20-day EMAs, reflecting improving short-term momentum. However, immediate resistance is placed at 25,850. A decisive close above this level could trigger fresh short covering and push the index higher. The RSI is hovering near the 50 mark, indicating room for further upside upon breakout,&quot; said Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

This story will be updated

Sensex and Nifty fell sharply, breaching key support levels., Analysts attribute the drop to profit booking, not a trend reversal., Geopolitical tensions and oil prices add to short-term caution.

* Sensex and Nifty fell sharply, breaching key support levels.
* Analysts attribute the drop to profit booking, not a trend reversal.
* Geopolitical tensions and oil prices add to short-term caution.

Indian stock markets fell sharply on February 19, with Sensex and Nifty breaching key support levels. Analysts attribute the drop to profit booking after recent gains, not a trend reversal, though geopolitical risks and volatility remain concerns.

shorts/business/sensex-nifty-tumble-1-trump-s-possible-action-against-iran-leaving-markets-jittery-say-analysts

* Sensex and Nifty fell sharply, breaching key support levels.
* Analysts attribute the drop to profit booking, not a trend reversal.
* Geopolitical tensions and oil prices add to short-term caution.

Indian stock markets plunged on February 19, with benchmark indices Sensex and Nifty breaching key support levels in afternoon trading hours. Analysts have commented on whether this is just a result of minor profit-booking after three days of gains, or a trend reversal at play.

<a href="https://www.moneycontrol.com/indian-indices/SENSEX-4.html">Sensex</a> declined nearly 1,236.11 points (1.48 percent) to close at 82,498.14, while <a href="https://www.moneycontrol.com/indian-indices/nifty-50-9.html">Nifty 50</a> fell around 365 points (1.41 percent) to end the session at 25,454.35. All major indices closed in the red, with IndiGo, Mahindra &amp; Mahindra and UltraTech Cement shares leading losses on the benchmark indices.
<h3>Profit booking or trend reversal?</h3>
A drastic fall after three days of advances may indicate profit booking in the short term rather than a reversal of the trend, said Pranav Koomar, Founder and CEO of PlusCash. He said that markets do have cycles of oscillations, and occasional corrections are a normal function of profit-taking.

However, the extent and universality of the current correction, particularly if the leaders are participating, indicate that traders are reevaluating markets and risk profiles, he added.

Tushar Badjate, Director of Badjate Stock &amp; Shares Pvt Ltd, also said that the current wave of negativity in the markets does not appear to signal a long-term trend reversal, but reflects profit booking after a strong rally. “When markets rise sharply over a period of time, it is natural for investors to lock in gains and rebalance their portfolios. Such phases of consolidation are healthy — they help cool off stretched valuations and create a stronger base for the next move upward,” the analyst added.

The analyst explained that geopolitical overhang is adding to this temporary caution. “The United States has indicated the possibility of military action against Iran, which has raised concerns about stability in the Middle East. This region is critical to global oil supplies, particularly through the Strait of Hormuz, a key transit route for crude exports. Any disruption there could push oil prices higher, increase inflationary pressures globally, and impact market sentiment in the short term,” he explained.

That said, markets often react sharply to headlines but stabilize once clarity emerges. Unless tensions escalate into a prolonged conflict that materially disrupts oil supply or global growth, the broader fundamentals remain intact, said Badjate.

“Corporate earnings, economic resilience, and liquidity conditions continue to support the medium- to long-term outlook. In essence, what we are witnessing seems more like a pause in momentum rather than a structural shift in direction,” he added.

“In the short run, we can expect a range-bound market with high volatility. For a reversal in the trend, we need a decline below critical technical levels and weakening macro fundamentals,” according to Koomar.
<h3>Key levels to watch out for:</h3>
Drumil Vithlani, Technical Analyst at Bonanza, said markets are are witnessing some profit booking after three consecutive sessions of gains, but this does not yet signal a confirmed trend reversal. According to him, Nifty continues to hold above the crucial 25,150–25,200 support zone, which remains the key level to watch.

“Momentum indicators like RSI have recovered from oversold territory and are hovering near neutral levels, suggesting consolidation rather than fresh weakness,” he said.

As long as the index sustains above 25,150, the broader recovery structure remains intact with potential to retest 26,000–26,200, according to Vithlani. “However, a decisive break below support could trigger renewed selling pressure and open the door towards 24,800 in the near term,” he said.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-firm-start-us-asian-markets-advance-2-liveblog-13834939.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Sensex, Nifty tumble nearly 1.5%: Trump's possible action against Iran leaving markets jittery, say analysts

Indian stock markets plunged on February 19, with benchmark indices Sensex and Nifty breaching key support levels in afternoon trading hours. Analysts have commented on whether this is just a result of minor profit-booking after three days of gains, or a trend reversal at play.

Sensex declined nearly 1,236.11 points (1.48 percent) to close at 82,498.14, while Nifty 50 fell around 365 points (1.41 percent) to end the session at 25,454.35. All major indices closed in the red, with IndiGo, Mahindra &amp;amp; Mahindra and UltraTech Cement shares leading losses on the benchmark indices.
Profit booking or trend reversal?
A drastic fall after three days of advances may indicate profit booking in the short term rather than a reversal of the trend, said Pranav Koomar, Founder and CEO of PlusCash. He said that markets do have cycles of oscillations, and occasional corrections are a normal function of profit-taking.

However, the extent and universality of the current correction, particularly if the leaders are participating, indicate that traders are reevaluating markets and risk profiles, he added.

Tushar Badjate, Director of Badjate Stock &amp;amp; Shares Pvt Ltd, also said that the current wave of negativity in the markets does not appear to signal a long-term trend reversal, but reflects profit booking after a strong rally. “When markets rise sharply over a period of time, it is natural for investors to lock in gains and rebalance their portfolios. Such phases of consolidation are healthy — they help cool off stretched valuations and create a stronger base for the next move upward,” the analyst added.

The analyst explained that geopolitical overhang is adding to this temporary caution. “The United States has indicated the possibility of military action against Iran, which has raised concerns about stability in the Middle East. This region is critical to global oil supplies, particularly through the Strait of Hormuz, a key transit route for crude exports. Any disruption there could push oil prices higher, increase inflationary pressures globally, and impact market sentiment in the short term,” he explained.

That said, markets often react sharply to headlines but stabilize once clarity emerges. Unless tensions escalate into a prolonged conflict that materially disrupts oil supply or global growth, the broader fundamentals remain intact, said Badjate.

“Corporate earnings, economic resilience, and liquidity conditions continue to support the medium- to long-term outlook. In essence, what we are witnessing seems more like a pause in momentum rather than a structural shift in direction,” he added.

“In the short run, we can expect a range-bound market with high volatility. For a reversal in the trend, we need a decline below critical technical levels and weakening macro fundamentals,” according to Koomar.
Key levels to watch out for:
Drumil Vithlani, Technical Analyst at Bonanza, said markets are are witnessing some profit booking after three consecutive sessions of gains, but this does not yet signal a confirmed trend reversal. According to him, Nifty continues to hold above the crucial 25,150–25,200 support zone, which remains the key level to watch.

“Momentum indicators like RSI have recovered from oversold territory and are hovering near neutral levels, suggesting consolidation rather than fresh weakness,” he said.

As long as the index sustains above 25,150, the broader recovery structure remains intact with potential to retest 26,000–26,200, according to Vithlani. “However, a decisive break below support could trigger renewed selling pressure and open the door towards 24,800 in the near term,” he said.

Follow all LIVE updates from the stock markets here.

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Sensex fell over 1,200 points, Nifty 50 breached support levels, All major indices closed in the red, led by IndiGo and M&M losses, Nifty 50 expected to trade between 25,500 and 26,000 near term

* Sensex fell over 1,200 points, Nifty 50 breached support levels
* All major indices closed in the red, led by IndiGo and M&M losses
* Nifty 50 expected to trade between 25,500 and 26,000 near term

Indian stock markets fell sharply on February 19, with Sensex dropping over 1,200 points and Nifty 50 breaching key support levels. Analysts highlight 25,650–25,700 as crucial support and 25,950–26,000 as resistance for Nifty 50 in the near term.

shorts/business/sensex-falls-600-pts-nifty-down-0-7-will-bear-attack-continue-or-can-bulls-make-a-comeback-analysts-suggest-trading-levels

* Sensex fell over 1,200 points, Nifty 50 breached support levels
* All major indices closed in the red, led by IndiGo and M&M losses
* Nifty 50 expected to trade between 25,500 and 26,000 near term

Indian stock markets sharply declined on February 19, with Sensex falling more than 1,200 points and Nifty 50 breaching its key support levels. Analysts have suggested key levels to watch out for.

<a href="https://www.moneycontrol.com/indian-indices/SENSEX-4.html">Sensex</a> declined nearly 1,236.11 points (1.48 percent) to close at 82,498.14, while <a href="https://www.moneycontrol.com/indian-indices/nifty-50-9.html">Nifty 50</a> fell around 365 points (1.41 percent) to end the session at 25,454.35. All major indices closed in the red, with IndiGo, Mahindra &amp; Mahindra and UltraTech Cement shares leading losses on the benchmark indices.
<h3>Check key levels to watch out for:</h3>
Notably, Nifty 50 has broken a key support level of 25,650 which was suggested by analysts. Hitesh Tailor, Research Analyst - Research at Choice Equity Broking Private, had said that the immediate support was placed at 25,650–25,700, which remains crucial for maintaining short-term stability.

“On the upside, the 25,950–26,000 zone continues to act as a key resistance band; a sustained breakout above this range could trigger stronger upside momentum and confirm broader recovery traction,” he added.

Shrikant Chouhan, Head Equity Research at Kotak Securities, said that after rising for three sessions, the the short-term support has shifted from 25,500/83,000 to 25,600/83,300. “As long as market is trading above the same the uptrend formation is likely to continue,” he said. Notably, Nifty 50 is still above the said level, but Sensex has crashed below the support zone suggested by the analyst.

“On the higher side, 25950-26000/84700-85000 would act as a immediate resistance zone for the traders. On the flip side below 25600/83300 the sentiment could change, below the same traders may prefer to exit out from the trading long position,” he added.

Bajaj Broking expected Nifty 50 to oscillate within the 25,500–26,000 range in the near term. “Currently trading near the midpoint of this band, it suggests a balanced undertone between demand and supply. A decisive move beyond either end of the range could act as the next directional catalyst,” it added.

“Immediate support is seen at 25,720, followed by 25,650, which may cushion minor declines. On the upside, resistance stands at 25,840 and then at 25,950. A sustained breakout above these levels could pave the way for further gains within the broader consolidation zone. Overall, the structure remains range-bound with a mild positive bias, indicating ongoing base formation after the recent correction,” the domestic brokerage said.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-firm-start-us-asian-markets-advance-2-liveblog-13834939.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Sensex falls 1,200 pts, Nifty down 1.4%: Will bear attack continue or can bulls make a comeback? Analysts suggest trading levels

Stock market fall today: Sensex falls 800 pts, Nifty down 0.9% - Will bear attack continue or can bulls make a comeback? Analysts suggest trading levels

Indian stock markets sharply declined on February 19, with Sensex falling more than 1,200 points and Nifty 50 breaching its key support levels. Analysts have suggested key levels to watch out for.

Sensex declined nearly 1,236.11 points (1.48 percent) to close at 82,498.14, while Nifty 50 fell around 365 points (1.41 percent) to end the session at 25,454.35. All major indices closed in the red, with IndiGo, Mahindra &amp;amp; Mahindra and UltraTech Cement shares leading losses on the benchmark indices.
Check key levels to watch out for:
Notably, Nifty 50 has broken a key support level of 25,650 which was suggested by analysts. Hitesh Tailor, Research Analyst - Research at Choice Equity Broking Private, had said that the immediate support was placed at 25,650–25,700, which remains crucial for maintaining short-term stability.

“On the upside, the 25,950–26,000 zone continues to act as a key resistance band; a sustained breakout above this range could trigger stronger upside momentum and confirm broader recovery traction,” he added.

Shrikant Chouhan, Head Equity Research at Kotak Securities, said that after rising for three sessions, the the short-term support has shifted from 25,500/83,000 to 25,600/83,300. “As long as market is trading above the same the uptrend formation is likely to continue,” he said. Notably, Nifty 50 is still above the said level, but Sensex has crashed below the support zone suggested by the analyst.

“On the higher side, 25950-26000/84700-85000 would act as a immediate resistance zone for the traders. On the flip side below 25600/83300 the sentiment could change, below the same traders may prefer to exit out from the trading long position,” he added.

Bajaj Broking expected Nifty 50 to oscillate within the 25,500–26,000 range in the near term. “Currently trading near the midpoint of this band, it suggests a balanced undertone between demand and supply. A decisive move beyond either end of the range could act as the next directional catalyst,” it added.

“Immediate support is seen at 25,720, followed by 25,650, which may cushion minor declines. On the upside, resistance stands at 25,840 and then at 25,950. A sustained breakout above these levels could pave the way for further gains within the broader consolidation zone. Overall, the structure remains range-bound with a mild positive bias, indicating ongoing base formation after the recent correction,” the domestic brokerage said.

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Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

9 out of 17 years India VIX has given negative returns in February.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	12.87	13.52	14.28	12.11	11.46	10.70	10.05
Fibonacci	12.65	12.98	13.52	12.11	11.57	11.24	10.70
Camarilla	12.35	12.48	12.61	12.11	12.09	11.96	11.83

INDEX CONTRIBUTION - India VIX

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