NIFTY FMCG

Nifty may attempt a bounce-back, facing resistance at 25,500–25,600 levels, If it further consolidates, 25,300–25,200 range to act as immediate support zone

* Nifty may attempt a bounce-back, facing resistance at 25,500–25,600 levels
* If it further consolidates, 25,300–25,200 range to act as immediate support zone

shorts/business/trade-setup-for-february-25-top-15-things-to-know-before-the-opening-bell-2

* Nifty may attempt a bounce-back, facing resistance at 25,500–25,600 levels
* If it further consolidates, 25,300–25,200 range to act as immediate support zone

The benchmark Nifty 50 wiped out all its previous two-day gains and closed 1.1 percent lower on February 24, falling decisively below all key moving averages (except the 200-day EMA) in a single session. The momentum indicators also showed a sell signal. However, the index defended the 25,400 level on a closing basis in every decline since last week. Given the sharp sell-off, the index may attempt a bounce-back, facing resistance at the 25,500–25,600 levels, as sustaining above this zone alone can push the index toward 26,000. However, in the event of further consolidation, the 25,300–25,200 range is expected to act as an immediate support zone, according to experts.

<img class="alignnone size-full wp-image-13841892 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170150_Image224022026.jpg" alt="Image224022026" width="1281" height="684" />

Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The <a href="https://www.moneycontrol.com/indian-indices/nifty-50-9.html" target="_blank">Nifty 50</a> (25,425)

Resistance based on pivot points: 25,585, 25,659, and 25,779

Support based on pivot points: 25,345, 25,271, and 25,151

Special Formation: The Nifty 50 formed a long red candle with a lower shadow on the daily timeframe and fell decisively below the 20-, 50-, and 100-day EMAs in a single session, signaling a bearish mood despite buying interest at lower levels. The momentum indicators also showed a sell signal, with the RSI sustaining below the signal line and falling to 45.39. The MACD registered a bearish crossover below the zero line, while the histogram fell below the zero line for the first time since February 2. All this indicates strengthening bearish momentum.

2) Key Levels For The <a href="https://www.moneycontrol.com/indian-indices/nifty-bank-23.html" target="_blank">Bank Nifty</a> (61,047)

Resistance based on pivot points: 61,337, 61,487, and 61,729

Support based on pivot points: 60,853, 60,703, and 60,461

Resistance based on Fibonacci retracement: 62,064, 64,707

Support based on Fibonacci retracement: 60,819, 60,240

Special Formation: The Bank Nifty formed a bearish candle with a lower shadow on the daily charts, indicating weakness along with buying interest at lower levels. However, the banking index climbed back above the 10-day EMA on a closing basis and sustained above all key moving averages. In fact, the moving averages trended northward. The RSI remained in a consolidation phase, though it fell below the signal line to 57.14. The MACD remained above the reference line, while the histogram showed further fading momentum but stayed above the zero line. All this indicates underlying strength despite short-term weakness.

<img class="alignnone size-full wp-image-13841897 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170244_Image324022026.jpg" alt="Image324022026" width="1281" height="684" />

3) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Nifty Call Options Data</a>

According to the weekly options data, the maximum Call open interest was seen at the 25,500 strike (with 68.13 lakh contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 26,000 strike (58.06 lakh contracts) and 25,800 strike (49.71 lakh contracts).

Maximum Call writing was observed at the 25,500 strike, which saw an addition of 57.26 lakh contracts, followed by the 26,000 and 25,600 strikes, which added 34.38 lakh and 32.98 lakh contracts, respectively. There was hardly any Call unwinding seen in the 24,700-26,100 strike band.

<img class="alignnone size-full wp-image-13841898 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170332_Image724022026.jpg" alt="Image724022026" width="1252" height="342" />

4) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Nifty Put Options Data</a>

On the Put side, the 25,000 strike holds the maximum Put open interest (with 43.07 lakh contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 25,500 strike (40.36 lakh contracts) and the 25,400 strike (30.47 lakh contracts).

The maximum Put writing was placed at the 25,000 strike, which saw an addition of 19.58 lakh contracts, followed by the 25,500 and 25,400 strikes, which added 15.74 lakh and 13.87 lakh contracts, respectively. The maximum Put unwinding was seen at the 25,700 strike, which shed 6.03 lakh contracts, followed by the 25,800 and 25,750 strikes, which shed 2.59 lakh and 1.8 lakh contracts, respectively.

<img class="alignnone size-full wp-image-13841899 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170353_Image824022026.jpg" alt="Image824022026" width="1253" height="345" />

5) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Bank Nifty Call Options Data</a>

According to the monthly options data, the maximum Call open interest was seen at the 61,000 strike, with 13.55 lakh contracts. This can act as a key level for the index in the short term. It was followed by the 62,000 strike (4.34 lakh contracts) and the 61,500 strike (4.33 lakh contracts).

Maximum Call writing was observed at the 61,000 strike (with the addition of 1.69 lakh contracts), followed by the 61,500 strike (1.48 lakh contracts) and 62,000 strike (54,600 contracts). The maximum Call unwinding was seen at the 60,300 strike, which shed 1,740 contracts, followed by the 59,900 and 60,200 strikes which shed 930 and 630 contracts, respectively.

<img class="alignnone size-full wp-image-13841900 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170416_Image924022026.jpg" alt="Image924022026" width="1261" height="340" />

6) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Bank Nifty Put Options Data</a>

On the Put side, the 61,000 strike holds the maximum Put open interest (with 15.24 lakh contracts), which can act as a key level for the index. This was followed by the 60,000 strike (8.81 lakh contracts) and the 61,500 strike (3.5 lakh contracts).

The maximum Put writing was placed at the 61,000 strike (which added 1.35 lakh contracts), followed by the 60,000 strike (1.2 lakh contracts) and the 61,500 strike (1.03 lakh contracts). The maximum Put unwinding was seen at the 60,700 strike, which shed 1,230 contracts, followed by the 62,200 strike, which shed 630 contracts.

<img class="alignnone size-full wp-image-13841901 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170437_Image1024022026.jpg" alt="Image1024022026" width="1250" height="343" />

7) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Funds Flow (Rs crore)</a>

<img class="alignnone size-full wp-image-13841902 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170458_Image424022026.jpg" alt="Image424022026" width="770" height="359" />

8) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Put-Call Ratio</a>

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped to 0.91 on February 24, compared to 1.06 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.

<img class="alignnone size-full wp-image-13841904 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170519_Image524022026.jpg" alt="Image524022026" width="1247" height="500" />

9) <a href="https://www.moneycontrol.com/indian-indices/india-vix-36.html" target="_blank">India VIX</a>

The India VIX, also known as the fear gauge, declined 0.12 percent to 14.15 after moving in a wide range of 12.3–14.9, but it remained at elevated levels, which is a concern for bulls. Unless it sustains below the 12 zone, bulls may remain uncomfortable.

<img class="alignnone size-full wp-image-13841905 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170546_Image624022026.jpg" alt="Image624022026" width="1281" height="684" />

10) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Long Build-up (2 Stocks)</a>

A long build-up was seen in 2 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

<img class="alignnone size-full wp-image-13841906 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170608_Image1124022026.jpg" alt="Image1124022026" width="548" height="67" />

11) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Long Unwinding (96 Stocks)</a>

96 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.

<img class="alignnone size-full wp-image-13841907 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170628_Image1224022026.jpg" alt="Image1224022026" width="545" height="235" />

12) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Short Build-up (7 Stocks)</a>

7 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.

<img class="alignnone size-full wp-image-13841908 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170648_Image1324022026.jpg" alt="Image1324022026" width="562" height="172" />

13) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Short-Covering (104 Stocks)</a>

104 stocks saw short-covering, meaning a decrease in OI, along with a price increase.

<img class="alignnone size-full wp-image-13841910 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170707_Image1424022026.jpg" alt="Image1424022026" width="561" height="235" />

14) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">High Delivery Trades</a>

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.

<img class="alignnone size-full wp-image-13841911 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260224170732_Image1524022026.jpg" alt="Image1524022026" width="741" height="235" />

15) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Stocks Under F&amp;O Ban</a>

Securities banned under the F&amp;O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&amp;O ban: Nil

Stocks retained in F&amp;O ban: Nil

Stocks removed from F&amp;O ban: Nil

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.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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Use of Artificial Intelligence

Trade setup for February 25: Top 15 things to know before the opening bell

The benchmark Nifty 50 wiped out all its previous two-day gains and closed 1.1 percent lower on February 24, falling decisively below all key moving averages (except the 200-day EMA) in a single session. The momentum indicators also showed a sell signal. However, the index defended the 25,400 level on a closing basis in every decline since last week. Given the sharp sell-off, the index may attempt a bounce-back, facing resistance at the 25,500–25,600 levels, as sustaining above this zone alone can push the index toward 26,000. However, in the event of further consolidation, the 25,300–25,200 range is expected to act as an immediate support zone, according to experts.



Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The Nifty 50 (25,425)

Resistance based on pivot points: 25,585, 25,659, and 25,779

Support based on pivot points: 25,345, 25,271, and 25,151

Special Formation: The Nifty 50 formed a long red candle with a lower shadow on the daily timeframe and fell decisively below the 20-, 50-, and 100-day EMAs in a single session, signaling a bearish mood despite buying interest at lower levels. The momentum indicators also showed a sell signal, with the RSI sustaining below the signal line and falling to 45.39. The MACD registered a bearish crossover below the zero line, while the histogram fell below the zero line for the first time since February 2. All this indicates strengthening bearish momentum.

2) Key Levels For The Bank Nifty (61,047)

Resistance based on pivot points: 61,337, 61,487, and 61,729

Support based on pivot points: 60,853, 60,703, and 60,461

Resistance based on Fibonacci retracement: 62,064, 64,707

Support based on Fibonacci retracement: 60,819, 60,240

Special Formation: The Bank Nifty formed a bearish candle with a lower shadow on the daily charts, indicating weakness along with buying interest at lower levels. However, the banking index climbed back above the 10-day EMA on a closing basis and sustained above all key moving averages. In fact, the moving averages trended northward. The RSI remained in a consolidation phase, though it fell below the signal line to 57.14. The MACD remained above the reference line, while the histogram showed further fading momentum but stayed above the zero line. All this indicates underlying strength despite short-term weakness.



3) Nifty Call Options Data

According to the weekly options data, the maximum Call open interest was seen at the 25,500 strike (with 68.13 lakh contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 26,000 strike (58.06 lakh contracts) and 25,800 strike (49.71 lakh contracts).

Maximum Call writing was observed at the 25,500 strike, which saw an addition of 57.26 lakh contracts, followed by the 26,000 and 25,600 strikes, which added 34.38 lakh and 32.98 lakh contracts, respectively. There was hardly any Call unwinding seen in the 24,700-26,100 strike band.



4) Nifty Put Options Data

On the Put side, the 25,000 strike holds the maximum Put open interest (with 43.07 lakh contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 25,500 strike (40.36 lakh contracts) and the 25,400 strike (30.47 lakh contracts).

The maximum Put writing was placed at the 25,000 strike, which saw an addition of 19.58 lakh contracts, followed by the 25,500 and 25,400 strikes, which added 15.74 lakh and 13.87 lakh contracts, respectively. The maximum Put unwinding was seen at the 25,700 strike, which shed 6.03 lakh contracts, followed by the 25,800 and 25,750 strikes, which shed 2.59 lakh and 1.8 lakh contracts, respectively.



5) Bank Nifty Call Options Data

According to the monthly options data, the maximum Call open interest was seen at the 61,000 strike, with 13.55 lakh contracts. This can act as a key level for the index in the short term. It was followed by the 62,000 strike (4.34 lakh contracts) and the 61,500 strike (4.33 lakh contracts).

Maximum Call writing was observed at the 61,000 strike (with the addition of 1.69 lakh contracts), followed by the 61,500 strike (1.48 lakh contracts) and 62,000 strike (54,600 contracts). The maximum Call unwinding was seen at the 60,300 strike, which shed 1,740 contracts, followed by the 59,900 and 60,200 strikes which shed 930 and 630 contracts, respectively.



6) Bank Nifty Put Options Data

On the Put side, the 61,000 strike holds the maximum Put open interest (with 15.24 lakh contracts), which can act as a key level for the index. This was followed by the 60,000 strike (8.81 lakh contracts) and the 61,500 strike (3.5 lakh contracts).

The maximum Put writing was placed at the 61,000 strike (which added 1.35 lakh contracts), followed by the 60,000 strike (1.2 lakh contracts) and the 61,500 strike (1.03 lakh contracts). The maximum Put unwinding was seen at the 60,700 strike, which shed 1,230 contracts, followed by the 62,200 strike, which shed 630 contracts.



7) Funds Flow (Rs crore)



8) Put-Call Ratio

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped to 0.91 on February 24, compared to 1.06 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.



9) India VIX

The India VIX, also known as the fear gauge, declined 0.12 percent to 14.15 after moving in a wide range of 12.3–14.9, but it remained at elevated levels, which is a concern for bulls. Unless it sustains below the 12 zone, bulls may remain uncomfortable.



10) Long Build-up (2 Stocks)

A long build-up was seen in 2 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.



11) Long Unwinding (96 Stocks)

96 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.



12) Short Build-up (7 Stocks)

7 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.



13) Short-Covering (104 Stocks)

104 stocks saw short-covering, meaning a decrease in OI, along with a price increase.



14) High Delivery Trades

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.



15) Stocks Under F&amp;amp;O Ban

Securities banned under the F&amp;amp;O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&amp;amp;O ban: Nil

Stocks retained in F&amp;amp;O ban: Nil

Stocks removed from F&amp;amp;O ban: Nil

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.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Break below 25,300-25,200 zone could open door for a move toward 25,000, 25,600 to act as a hurdle, India VIX sustains above 14 zone, signalling concerns for bulls, Bank Nifty defends 61,000 despite pressure in Nifty 50

* Break below 25,300-25,200 zone could open door for a move toward 25,000
* 25,600 to act as a hurdle
* India VIX sustains above 14 zone, signalling concerns for bulls
* Bank Nifty defends 61,000 despite pressure in Nifty 50

shorts/business/technical-view-nifty-risks-deeper-fall-below-25-200-as-vix-momentum-indicators-flash-warning-bank-nifty-holds-61-000

* Break below 25,300-25,200 zone could open door for a move toward 25,000
* 25,600 to act as a hurdle
* India VIX sustains above 14 zone, signalling concerns for bulls
* Bank Nifty defends 61,000 despite pressure in Nifty 50

The benchmark Nifty 50 was caught in a bear trap after the positivity seen in the previous couple of sessions, falling over 1 percent amid high volumes on February 24, the expiry day for monthly derivative contracts. The index decisively fell below the 20-, 50-, and 100-day EMAs, as well as the midline of the Bollinger Bands, and also tested the 200-day SMA in a single session, signalling that the bears have the upper hand in the short term.

Tuesday's fall, largely driven by IT stocks amid fears of AI-driven disruption, clearly indicated that the upward rally led by the Supreme Court verdict on Trump tariffs was short-lived, and that tariff uncertainty is likely to persist for a long time. Escalating US-Iran tensions also weighed on the market.

The index is now near the crucial support levels of the 200-day SMA and EMA (25,300 and 25,200). A break below these zones could open the door to the psychological support level of 25,000, which is key for a move toward the Budget Day low of 24,571. However, in case of a bounce back in the following session, 25,600 is expected to act as a hurdle (20-day SMA), and sustaining above it could raise the possibility of renewed buying interest. Until then, sideways action may be seen, experts said.

In the previous two-day rebound, the index could not touch the downward-sloping resistance trendline (above 25,700), which remains crucial for an upward rally.

Momentum indicators clearly gave a sell signal on Tuesday. The RSI sustained below the signal line and dropped to 45.39, while the MACD fell below both the reference line and the zero line, with the first downtick in the histogram since February 2. The Stochastic RSI dropped to 23.57 and has remained below the signal line since February 19.

The Nifty 50 opened lower and remained under pressure throughout the session. The index hit an intraday low of 25,328 before showing some recovery in late trade to close at 25,425 (the lowest closing level since February 2), down 288 points (1.12 percent).

It formed a bearish candle with a minor lower shadow on the daily timeframe, indicating that bears are in control despite buying interest at lower levels.

"The broader structure remains sideways as long as the Nifty trades within the 25,200–25,800 range, which is acting as immediate support and resistance respectively," said Nilesh Jain, VP and Head of Technical and Derivative Research at Centrum Finverse.

According to him, although a short-term pullback cannot be ruled out, it is unlikely to sustain at higher levels as momentum indicators and oscillators have turned negative.

Meanwhile, the fear gauge, India VIX, remained subdued for another session but sustained above the 14 zone and well above all key moving averages, signalling concerns and discomfort for bulls. It is necessary for the VIX to fall and sustain below the 12 level for bulls to make a comeback. It was down 0.12 percent at 14.15 after witnessing a day’s range of 12.3–14.9.

The weekly options data indicated that the Nifty may face immediate resistance at 25,500, where the maximum Call open interest is placed, while support is placed at 25,000, which has the maximum Put open interest.

Maximum Call writing was seen at the 25,500, 25,600, and 26,000 strikes, while the 25,000, 25,500, and 25,400 strikes hold the maximum Put writing.

Bank Nifty

The Bank Nifty not only outperformed the benchmark Nifty 50 but also defended the previous day’s low as well as the 61,000 level on a closing basis, though it weakened by 217 points (0.35 percent) to 61,047 during the monthly F&amp;O expiry session.

The banking index stayed above the 10-day EMA on a closing basis, resulting in sustainability above all key moving averages, signalling that the trend remains up despite ongoing consolidation and range-bound trading.

The RSI dipped to 57.14 and showed a bearish crossover but has remained in a range for the last few sessions. The MACD sustained above the reference line, though the histogram registered consistently fading momentum. The Stochastic RSI has remained in a negative crossover since February 19. All this indicates weakening momentum, though the broader structure remains intact.

On the daily chart, the Bank Nifty has formed a bearish candle with a lower shadow, suggesting minor weakness along with buying support at lower levels.

On the downside, the 60,800–60,700 zone is likely to act as immediate support, said Sudeep Shah, Head – Technical and Derivatives Research at SBI Securities.

According to him, immediate resistance is placed in the 61,400–61,500 zone. Any sustainable move above this zone could result in the Bank Nifty extending its up move towards 62,000, followed by 62,500 in the short term, he said.

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.

Technical View: Nifty risks deeper fall below 25,200 as VIX, momentum indicators flash warning; Bank Nifty holds 61,000

The benchmark Nifty 50 was caught in a bear trap after the positivity seen in the previous couple of sessions, falling over 1 percent amid high volumes on February 24, the expiry day for monthly derivative contracts. The index decisively fell below the 20-, 50-, and 100-day EMAs, as well as the midline of the Bollinger Bands, and also tested the 200-day SMA in a single session, signalling that the bears have the upper hand in the short term.

Tuesday's fall, largely driven by IT stocks amid fears of AI-driven disruption, clearly indicated that the upward rally led by the Supreme Court verdict on Trump tariffs was short-lived, and that tariff uncertainty is likely to persist for a long time. Escalating US-Iran tensions also weighed on the market.

The index is now near the crucial support levels of the 200-day SMA and EMA (25,300 and 25,200). A break below these zones could open the door to the psychological support level of 25,000, which is key for a move toward the Budget Day low of 24,571. However, in case of a bounce back in the following session, 25,600 is expected to act as a hurdle (20-day SMA), and sustaining above it could raise the possibility of renewed buying interest. Until then, sideways action may be seen, experts said.

In the previous two-day rebound, the index could not touch the downward-sloping resistance trendline (above 25,700), which remains crucial for an upward rally.

Momentum indicators clearly gave a sell signal on Tuesday. The RSI sustained below the signal line and dropped to 45.39, while the MACD fell below both the reference line and the zero line, with the first downtick in the histogram since February 2. The Stochastic RSI dropped to 23.57 and has remained below the signal line since February 19.

The Nifty 50 opened lower and remained under pressure throughout the session. The index hit an intraday low of 25,328 before showing some recovery in late trade to close at 25,425 (the lowest closing level since February 2), down 288 points (1.12 percent).

It formed a bearish candle with a minor lower shadow on the daily timeframe, indicating that bears are in control despite buying interest at lower levels.

&quot;The broader structure remains sideways as long as the Nifty trades within the 25,200–25,800 range, which is acting as immediate support and resistance respectively,&quot; said Nilesh Jain, VP and Head of Technical and Derivative Research at Centrum Finverse.

According to him, although a short-term pullback cannot be ruled out, it is unlikely to sustain at higher levels as momentum indicators and oscillators have turned negative.

Meanwhile, the fear gauge, India VIX, remained subdued for another session but sustained above the 14 zone and well above all key moving averages, signalling concerns and discomfort for bulls. It is necessary for the VIX to fall and sustain below the 12 level for bulls to make a comeback. It was down 0.12 percent at 14.15 after witnessing a day’s range of 12.3–14.9.

The weekly options data indicated that the Nifty may face immediate resistance at 25,500, where the maximum Call open interest is placed, while support is placed at 25,000, which has the maximum Put open interest.

Maximum Call writing was seen at the 25,500, 25,600, and 26,000 strikes, while the 25,000, 25,500, and 25,400 strikes hold the maximum Put writing.

Bank Nifty

The Bank Nifty not only outperformed the benchmark Nifty 50 but also defended the previous day’s low as well as the 61,000 level on a closing basis, though it weakened by 217 points (0.35 percent) to 61,047 during the monthly F&amp;amp;O expiry session.

The banking index stayed above the 10-day EMA on a closing basis, resulting in sustainability above all key moving averages, signalling that the trend remains up despite ongoing consolidation and range-bound trading.

The RSI dipped to 57.14 and showed a bearish crossover but has remained in a range for the last few sessions. The MACD sustained above the reference line, though the histogram registered consistently fading momentum. The Stochastic RSI has remained in a negative crossover since February 19. All this indicates weakening momentum, though the broader structure remains intact.

On the daily chart, the Bank Nifty has formed a bearish candle with a lower shadow, suggesting minor weakness along with buying support at lower levels.

On the downside, the 60,800–60,700 zone is likely to act as immediate support, said Sudeep Shah, Head – Technical and Derivatives Research at SBI Securities.

According to him, immediate resistance is placed in the 61,400–61,500 zone. Any sustainable move above this zone could result in the Bank Nifty extending its up move towards 62,000, followed by 62,500 in the short term, he said.

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.

Nifty and Sensex fell, ending two-day gain streak, IT stocks plunged over 4 percent amid AI disruption concerns, Broader market indices and realty sector also closed in the red

* Nifty and Sensex fell, ending two-day gain streak
* IT stocks plunged over 4 percent amid AI disruption concerns
* Broader market indices and realty sector also closed in the red

Indian benchmark indices ended sharply lower on February 24, with Nifty closing below 25,500 amid IT sector weakness and concerns over AI disruption, US tariffs, and geopolitical tensions. Sensex fell 1.28%, Nifty 1.12%, IT index plunged over 4%.

shorts/business/taking-stock-amid-expiry-day-sell-off-nifty-slips-below-25-450-as-it-stocks-plunge

* Nifty and Sensex fell, ending two-day gain streak
* IT stocks plunged over 4 percent amid AI disruption concerns
* Broader market indices and realty sector also closed in the red

Indian benchmark indices snapped a two-day gaining streak on February 24 (Monthly Nifty F&amp;O expiry), ending sharply lower with the Nifty closing below 25,450 led by weakness in information technology shares amid concerns over AI-led disruption.

Amid mixed global cues, the market opened lower with the Nifty below 25,650 and witnessed extended selling as the day progressed, dragging the index below 25,350 intraday amid fresh concern over US tariff and geopolitical tensions.

At close, the Sensex was down 1,068.74 points or 1.28 percent at 82,225.92, and the Nifty was down 288.35 points or 1.12 percent at 25,424.65.

The broader market also ended lower, with the Nifty Midcap index shedding 0.3 percent and the Smallcap index falling 0.55 percent.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/brokers-highlight-concerns-in-fin-min-meet-hopeful-of-6-month-extension-in-rbi-norms-13840411.html">Brokers highlight concerns in Fin Min meet, hopeful of 6-month extension in RBI norms</a>

Among sectors, the IT index was the worst hit, plunging more than 4 percent, while the realty index declined over 2 percent. However, metal, pharma, PSU Bank, oil &amp; gas, energy rose 0.3-1%.

Biggest Nifty losers were Tech Mahindra, Eternal, Infosys, TCS, HCL Technologies, while gainers included HUL, Hindalco Industries, Coal India, NTPC, JSW Steel.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/equity-cash-turnover-rises-to-16-month-high-at-rs-23-9-lakh-crore-in-january-13840496.html">Equity Cash turnover rises to 16-month high at Rs 23.9 lakh crore in January</a>

In stock specific action, Bharti Airtel share price fell 2% on Rs 20,000 crore investment in Airtel Money, Blue Cloud Softech Solutions share price slipped 5% on acquisition of 100% in Global Impex Inc, Eris Lifesciences shares rose 2.7% on partnership with Natco Pharma, Indoco Remedies shares added 4% on final USFDA approval for Brivaracetam Oral Solution, Waaree Energies shares added more than 4% post winning order for supply of 500 MW solar modules.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/smaller-ipos-slow-down-as-market-turns-selective-valuations-trimmed-foreign-banks-gain-ground-13840624.html">Smaller IPOs slow down as market turns selective, valuations trimmed; foreign banks gain ground</a>

90 stocks touched their 52-week high, including Bank of Maharashtra, Hitachi Energy, NTPC, Torrent Pharma, Polycab India, Astral, Bharat Forge, Union Bank of India, Jindal Steel, JB Chemicals, Marico, Bank of India, Cummins, Indian Bank, Federal Bank, SBI, L&amp;T, among others. <a href="https://www.moneycontrol.com/stocks/market-stats/52-week-high-bse/?indexName=BSE%2520500&amp;id=12">Click to View More</a>

Nearly 350 stocks touched their 52-week low, including LT Technology, KPIT Technologies, Mastek, Zensar Technologies, Hexaware Technologies, Firstsource Soluations, Tata Tech, Info Edge, Tata Elxsi, Sonata Software, Infosys, TCS, CE Info Systems, Cyient, Network 18, Wipro, Vedant Fashions, SRF, Just Dial, 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>

Outlook for February 25

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

On the monthly expiry day, Nifty opened with a sharp gap down below the previous day’s key support zone of 25630–25600 and extended its decline as the session progressed. The index slipped to an intraday low of 25328 before recovering part of the losses to close at 25425, down 1.12%. Notably, this marks the fifth instance this month where Nifty has ended with losses exceeding 1%. On the daily chart, the index has formed a sizeable bearish candle and once again slipped below its 20, 50 and 100-day EMAs, indicating sustained pressure.

Going ahead, the immediate support for Nifty is placed in the 25370–25350 zone. Strong rebound was seen from this zone on the previous two occasions. Any sustainable move below this zone could result in Nifty filling the gap and extending its weakness towards 25150, followed by 24950 in the short term. On the upside, the zone of 25600–25650 zone is likely to act as an immediate resistance.

Ajit Mishra – SVP, Research, Religare Broking

Markets remained under pressure on Tuesday and traded sharply lower amid weak global cues. The Nifty opened in the red and extended losses through the session, slipping below the crucial 25,400 mark as selling intensified across key sectors. However, buying in select heavyweight stocks during the final hours trimmed some of the losses, and the index eventually settled at 25,424.68. Sectoral trends were mixed, with metal, energy and pharma ending higher, while selling pressure was visible in IT, realty and select financial counters. Broader markets also remained volatile and ended flat to marginally lower.

Investor sentiment weakened amid renewed concerns over global trade developments and rising geopolitical tensions, which kept crude oil prices elevated. Moreover, continued pressure on global technology stocks and fears of AI-led disruption further dragged domestic IT shares, amplifying the decline in the benchmark indices.

Technically, the Nifty has once again retested the crucial support near the 25,400 zone, and a decisive break below this level could trigger the next leg of the decline towards 25,245, which coincides with the 200 DEMA, followed by a major support area around 25,100, marked by a gap on the daily chart. On the upside, the 25,600–25,800 zone is likely to act as an immediate hurdle in case of any recovery. Amid the prevailing volatility and weak global cues, participants are advised to remain selective, keep position sizes light and focus on relatively stronger pockets of the market.

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: Amid expiry day sell-off, Nifty slips below 25,450 as IT stocks plunge

Indian benchmark indices snapped a two-day gaining streak on February 24 (Monthly Nifty F&amp;amp;O expiry), ending sharply lower with the Nifty closing below 25,450 led by weakness in information technology shares amid concerns over AI-led disruption.

Amid mixed global cues, the market opened lower with the Nifty below 25,650 and witnessed extended selling as the day progressed, dragging the index below 25,350 intraday amid fresh concern over US tariff and geopolitical tensions.

At close, the Sensex was down 1,068.74 points or 1.28 percent at 82,225.92, and the Nifty was down 288.35 points or 1.12 percent at 25,424.65.

The broader market also ended lower, with the Nifty Midcap index shedding 0.3 percent and the Smallcap index falling 0.55 percent.

Also Read - Brokers highlight concerns in Fin Min meet, hopeful of 6-month extension in RBI norms

Among sectors, the IT index was the worst hit, plunging more than 4 percent, while the realty index declined over 2 percent. However, metal, pharma, PSU Bank, oil &amp;amp; gas, energy rose 0.3-1%.

Biggest Nifty losers were Tech Mahindra, Eternal, Infosys, TCS, HCL Technologies, while gainers included HUL, Hindalco Industries, Coal India, NTPC, JSW Steel.

Also Read - Equity Cash turnover rises to 16-month high at Rs 23.9 lakh crore in January

In stock specific action, Bharti Airtel share price fell 2% on Rs 20,000 crore investment in Airtel Money, Blue Cloud Softech Solutions share price slipped 5% on acquisition of 100% in Global Impex Inc, Eris Lifesciences shares rose 2.7% on partnership with Natco Pharma, Indoco Remedies shares added 4% on final USFDA approval for Brivaracetam Oral Solution, Waaree Energies shares added more than 4% post winning order for supply of 500 MW solar modules.

Also Read - Smaller IPOs slow down as market turns selective, valuations trimmed; foreign banks gain ground

90 stocks touched their 52-week high, including Bank of Maharashtra, Hitachi Energy, NTPC, Torrent Pharma, Polycab India, Astral, Bharat Forge, Union Bank of India, Jindal Steel, JB Chemicals, Marico, Bank of India, Cummins, Indian Bank, Federal Bank, SBI, L&amp;amp;T, among others. Click to View More

Nearly 350 stocks touched their 52-week low, including LT Technology, KPIT Technologies, Mastek, Zensar Technologies, Hexaware Technologies, Firstsource Soluations, Tata Tech, Info Edge, Tata Elxsi, Sonata Software, Infosys, TCS, CE Info Systems, Cyient, Network 18, Wipro, Vedant Fashions, SRF, Just Dial, among others. Click to View More

Outlook for February 25

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

On the monthly expiry day, Nifty opened with a sharp gap down below the previous day’s key support zone of 25630–25600 and extended its decline as the session progressed. The index slipped to an intraday low of 25328 before recovering part of the losses to close at 25425, down 1.12%. Notably, this marks the fifth instance this month where Nifty has ended with losses exceeding 1%. On the daily chart, the index has formed a sizeable bearish candle and once again slipped below its 20, 50 and 100-day EMAs, indicating sustained pressure.

Going ahead, the immediate support for Nifty is placed in the 25370–25350 zone. Strong rebound was seen from this zone on the previous two occasions. Any sustainable move below this zone could result in Nifty filling the gap and extending its weakness towards 25150, followed by 24950 in the short term. On the upside, the zone of 25600–25650 zone is likely to act as an immediate resistance.

Ajit Mishra – SVP, Research, Religare Broking

Markets remained under pressure on Tuesday and traded sharply lower amid weak global cues. The Nifty opened in the red and extended losses through the session, slipping below the crucial 25,400 mark as selling intensified across key sectors. However, buying in select heavyweight stocks during the final hours trimmed some of the losses, and the index eventually settled at 25,424.68. Sectoral trends were mixed, with metal, energy and pharma ending higher, while selling pressure was visible in IT, realty and select financial counters. Broader markets also remained volatile and ended flat to marginally lower.

Investor sentiment weakened amid renewed concerns over global trade developments and rising geopolitical tensions, which kept crude oil prices elevated. Moreover, continued pressure on global technology stocks and fears of AI-led disruption further dragged domestic IT shares, amplifying the decline in the benchmark indices.

Technically, the Nifty has once again retested the crucial support near the 25,400 zone, and a decisive break below this level could trigger the next leg of the decline towards 25,245, which coincides with the 200 DEMA, followed by a major support area around 25,100, marked by a gap on the daily chart. On the upside, the 25,600–25,800 zone is likely to act as an immediate hurdle in case of any recovery. Amid the prevailing volatility and weak global cues, participants are advised to remain selective, keep position sizes light and focus on relatively stronger pockets of the market.

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.

Sensex and Nifty fell up to 1.5 percent amid IT stock sell-off., Nifty IT index hit multi-month low, down 21 percent this month., Experts see key support at 25,350 and resistance near 25,800.

* Sensex and Nifty fell up to 1.5 percent amid IT stock sell-off.
* Nifty IT index hit multi-month low, down 21 percent this month.
* Experts see key support at 25,350 and resistance near 25,800.

Sensex and Nifty fell up to 1.5% amid a sharp IT sell-off due to AI disruption concerns. Nifty IT index hit a multi-month low. Experts warn of further downside if key support levels break, while global cues remain weak and market sentiment fragile.

shorts/business/nifty-breaches-25-350-amid-sharp-sell-off-should-investors-go-long-or-is-more-downside-possible-check-what-analysts-say

* Sensex and Nifty fell up to 1.5 percent amid IT stock sell-off.
* Nifty IT index hit multi-month low, down 21 percent this month.
* Experts see key support at 25,350 and resistance near 25,800.

The equity benchmark indices Sensex and Nifty fell up to 1.5 percent on Tuesday, dragged down by a sharp sell-off in IT shares amid concerns over AI-led disruption.

The Sensex plunged 1,360 points or 1.63 percent to hit an intraday low of 81,934.73. The broader Nifty declined 385 points or 1.5 percent to 25,327.60 during the session, breaching the 25,350 mark.

The Nifty IT index extended losses for the fifth straight session, slipping to a multi-month low. The index has eroded nearly 21 percent so far this month.

The developments dampened investor sentiment and triggered risk-off trades across sectors. Sectorally, IT and Realty stocks were the worst hit, falling nearly 5 percent and 3 percent, respectively. Pharma, Healthcare and Metal shares showed relative resilience, rising marginally by less than 0.5 percent. PSU Banks and Metals also displayed relative strength despite the broader market weakness.
<h3>How to trade? Experts recommend near-term outlook</h3>
Shrikant Chouhan, Head of Equity Research at Kotak Securities, said if the index slips below 25,500, the next meaningful support is placed in the 25,370–25,350 zone, which has acted as a base over the past six sessions.

"A decisive breach of this support band could accelerate downside momentum toward the 25,200–25,000 range," he said.

He added that the 25,200–25,000 zone should be viewed as an accumulation area for select stocks from a medium-term perspective. On the upside, 25,800 is likely to act as an immediate resistance level.

Vishnu Kant Upadhyay, AVP – Research Advisory at Master Capital Services Ltd., said overall market sentiment remains fragile.

"The 25,250 zone, which coincides with the 200-day EMA, will be a crucial level to monitor. A sustained hold near this support could trigger some short-covering bounce in the near term," he said.

Santosh Meena, Head of Research at Swastika Investmart, said if Nifty sustains above the 200-DMA at 25,350, a recovery could follow.

"However, a decisive breakdown below the 200-DMA may increase the risk of a sharp decline towards 25,150 and 24,800 levels. On the upside, a sustained move above the 100-DMA at 25,750 could push the index towards 26,000 and 26,300," he added.

Global cues also remained weak.

Asian markets were largely muted, while US equities ended nearly 2 percent lower overnight. The decline came after US President Donald Trump warned countries against abandoning newly negotiated trade deals after the Supreme Court struck down emergency tariffs. He said higher duties could be imposed under other trade laws.

Disclaimer: The views and investment tips expressed by investment 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.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

Nifty breaches 25,350 amid sharp sell-off: Should investors go long or is more downside possible? Check what analysts say

The equity benchmark indices Sensex and Nifty fell up to 1.5 percent on Tuesday, dragged down by a sharp sell-off in IT shares amid concerns over AI-led disruption.

The Sensex plunged 1,360 points or 1.63 percent to hit an intraday low of 81,934.73. The broader Nifty declined 385 points or 1.5 percent to 25,327.60 during the session, breaching the 25,350 mark.

The Nifty IT index extended losses for the fifth straight session, slipping to a multi-month low. The index has eroded nearly 21 percent so far this month.

The developments dampened investor sentiment and triggered risk-off trades across sectors. Sectorally, IT and Realty stocks were the worst hit, falling nearly 5 percent and 3 percent, respectively. Pharma, Healthcare and Metal shares showed relative resilience, rising marginally by less than 0.5 percent. PSU Banks and Metals also displayed relative strength despite the broader market weakness.
How to trade? Experts recommend near-term outlook
Shrikant Chouhan, Head of Equity Research at Kotak Securities, said if the index slips below 25,500, the next meaningful support is placed in the 25,370–25,350 zone, which has acted as a base over the past six sessions.

&quot;A decisive breach of this support band could accelerate downside momentum toward the 25,200–25,000 range,&quot; he said.

He added that the 25,200–25,000 zone should be viewed as an accumulation area for select stocks from a medium-term perspective. On the upside, 25,800 is likely to act as an immediate resistance level.

Vishnu Kant Upadhyay, AVP – Research Advisory at Master Capital Services Ltd., said overall market sentiment remains fragile.

&quot;The 25,250 zone, which coincides with the 200-day EMA, will be a crucial level to monitor. A sustained hold near this support could trigger some short-covering bounce in the near term,&quot; he said.

Santosh Meena, Head of Research at Swastika Investmart, said if Nifty sustains above the 200-DMA at 25,350, a recovery could follow.

&quot;However, a decisive breakdown below the 200-DMA may increase the risk of a sharp decline towards 25,150 and 24,800 levels. On the upside, a sustained move above the 100-DMA at 25,750 could push the index towards 26,000 and 26,300,&quot; he added.

Global cues also remained weak.

Asian markets were largely muted, while US equities ended nearly 2 percent lower overnight. The decline came after US President Donald Trump warned countries against abandoning newly negotiated trade deals after the Supreme Court struck down emergency tariffs. He said higher duties could be imposed under other trade laws.

Disclaimer: The views and investment tips expressed by investment 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.

IT Stocks Plunge Amid Renewed AI Worries; Nifty Tests 25,350 On F&O Expiry Day | Closing Bell Live

IT Stocks Plunge Amid Renewed AI Worries; Nifty Tests 25,350 On F&amp;O Expiry Day | Closing Bell Live

11 out of 17 years NIFTY FMCG has given negative returns in February.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	52,281.22	52,426.08	52,665.97	52,041.33	51,896.47	51,656.58	51,511.72
Fibonacci	52,188.31	52,279.11	52,426.08	52,041.33	51,894.36	51,803.56	51,656.58
Camarilla	52,171.62	52,206.89	52,242.16	52,041.33	52,101.08	52,065.81	52,030.54

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