Benchmark Nifty may remain weak over the coming week, and a break below the 25,100 level would open the door to a decline toward 24,700 and 24,300 in the near term, say analysts.
NAGARAJ SHETTI SENIOR TECHNICAL RESEARCH ANALYST, HDFC SECURITIES
Where is the Nifty headed? A long bear candle has been formed on the daily chart of Nifty, indicating a sharp breakdown of a descending triangle-type pattern. The crucial opening upside gap of February 3 has almost been filled around 25,100 (left with a small margin). This is not a good sign. As per daily and weekly charts, Nifty remains weak, and any rise up to the 25,400 level could be a sell-on-rise opportunity. The next lower levels to be watched are around 24,700, and then 24,300 in the near term. Trading Strategies: One may look to sell Nifty March futures around 25,335–25,400 levels or consider buying Nifty 25,300 PE of March 30 expiry around Rs 332–300 for the potential downside in the index in the near term. Downside targets to be watched for Nifty spot are around 24,700, and then 24,300 for March expiry. Shorts should be placed with a strict stop loss at the Nifty spot around 25,400.
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TOP PICKS FOR THE WEEK Oil India: Buy at CMP Rs 485, Stop Loss: Rs 470, Target Rs 510 Stock price has moved above the support of the 10- & 20-day exponential moving averages (EMAs). Volume has expanded during the upside breakout in the stock price, and the daily relative strength index (RSI) shows a positive indication. Muthoot Finance: Sell at CMP Rs 3,347, Stop Loss: Rs 3,450, Target: Rs 3,175
The crucial support of the 14 November opening upside gap area has broken on the downside at Rs 3,400 levels on Friday, and closed lower. It is presently showing a downside breakout from range-bound action.
Where is Nifty headed? Nifty remains in a corrective and consolidation phase after repeated rejection from the 25,800–26,000 resistance zone, and is currently trading near the critical 25,100 support area. As long as 25,100 holds, the broader structure remains constructive, and the index may attempt to stabilise. A decisive move above 25,800 would confirm a triangle breakout, and open the path for new highs, while a break below 25,100 would weaken the structure and call for a reassessment of the bullish view.
Trading Strategies: A sustained move above 25,800 may favour Bull Call Spreads, while a break below 25,100 could open opportunities for Bear Put Spreads. Until a clear breakout or breakdown emerges, range-based strategies such as Bull Put Spreads or Iron Condors may be considered within the 25,100–25,800 band. ETF investors should use the ongoing correction to accumulate Nifty in a staggered manner.
TOP PICKS FOR THE WEEK Central Bank of India: Buy at Rs 39.5–38.5, Stop Loss: Rs 36.30, Target: Rs 44
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As long as Rs 36.3 is protected, the setup remains constructive. The stock can be accumulated in Rs 39.5–38.5 range with a stop loss at Rs 36.3 and an upside target of Rs 44 over the next three months.
The stock is forming a higher base after a controlled pullback with gradually improving momentum. As long as Rs 545 holds, the broader structure remains positive.
SACCHITANAND UTTEKAR VP – RESEARCH (TECHNICAL & DERIVATIVES), TRADEBULLS SECURITIES
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Where is Nifty headed? Nifty spent most of last week with its daily RSI struggling to reclaim the 50 mark, reflecting weak momentum and limited buying conviction. Although it nearly filled the February 3 gap around 25,100, inability to sustain above key moving averages and the close below 200-day EMA in the final session tilt the near-term bias slightly negative. This raises the probability of a revisit to the 25,040–25,900 demand zone, where prior buying interest had emerged. On the upside, 25,630—which is aligned with the 50- DEMA, remains a critical resistance.
A decisive close above this level is essential for bulls to regain control. Options data suggests a compressed weekly range of 25,500–25,000. Strong Put writing at 25,000 indicates firm support for this series, while Call build-up near 25,500 caps weekly gains. The 25,400 strike remains an interesting pivot for this truncated week. Any abnormal unwinding here could precede a breakout from the 25,500–25,000 range.
Trading Strategies: For Nifty, a long–short trading approach remains prudent, as the index is likely to stay rangebound between 25,500 and 25,000. Buying near support and selling near resistance within this band could remain the preferred strategy for short-term traders.
TOP PICKS FOR THE WEEK Siemens: Buy at Rs 3,424, Stop Loss: Rs 3,340, Target Rs 3,760
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Strong long build-up and weekly ADX positioning above 25 signal strengthening trend momentum. The structure indicates the early phase of a bullish impulse wave, with potential to extend toward 4,000- plus in coming weeks if the breakout sustains.
Daily ADX is repositioning for trend expansion, suggesting volatility may increase on the downside. The 722 level (200 MEMA support) is at risk. A decisive breach could accelerate selling pressure.
The major retail location was recently acquired by Frasers Group
Swindon Designer Outlet
Savills has been appointed by Frasers Group to provide property management services to Swindon Designer Outlet. The retail scheme, which extends to 250,000 sq ft and comprises of 110 units, is located in the historic Great Western Railway buildings in the centre of Swindon.
The retail destination has experienced a sustained rise in footfall, turnover and average spend, supported by the arrival of new brands such as Rituals and Crocs. This has been alongside reinvestment from long standing tenants. which include Polo Ralph Lauren, Reiss, Tommy Hilfiger, New Balance and Nike.
Its recent acquisition by Frasers Group represents a significant addition to its growing retail portfolio and reflects continued confidence in the performance and potential of the outlet sector.
Savills will provide property management and operational support across the scheme, ensuring the smooth running of a destination with complex heritage considerations and a diverse occupier mix
Saagar Sachdev, director, London retail and leisure, property management at Savills, said, “Designer Outlet Swindon is a well-established destination with a strong track record and a unique setting.
“Alongside its offering of leading global brands, there is a commitment to fostering a vibrant local community through initiatives such as a weekly street food market and the ‘Makers Yard’ craft market.
Joining an established and expanding group of outlet centres under Savills management, this appointment reflects our depth of sector expertise, from working closely with occupiers to maintaining an environment that meets the expectations of both brands and visitors.
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“It also further strengthens our specialist expertise in the outlet sector, enabling us to add value through operational enhancements, brand curation and long term asset stewardship.”
Official says ‘there isn’t enough public sector money to achieve decarbonisation of cities’
Alex Seabrook and Local Democracy Reporter
05:00, 02 Mar 2026
The Old Market Gap bike lane(Image: Local Democracy Reporting Service)
A lack of cash is jeopardising Bristol’s net zero climate goals and millions of pounds are needed from the private sector. Bristol has slashed how much greenhouse gas is emitted locally in the past two decades, but there is not enough public funding to reach net zero emissions.
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Bristol City Council has published a long list of 90 actions in the push to reach net zero. But many of these rely on uncertain funding from the government, companies or investors. One big ticket item was recently removed as the West of England Combined Authority withdrew support.
Blocking through-traffic on Park Street was expected to drive up the number of people taking the bus, walking or cycling. But the West of England chose not to pay for it, so the scheme won’t go ahead – an example illustrating the precarious nature of lots of climate actions. An update on the net zero plan was given to the environment policy committee on Thursday, February 26.
Green Cllr Martin Fodor, chair of the environment committee, said: “It’s important to demonstrate to our partners that we’re taking this seriously, playing our part, and we’re looking for those partnerships and funders. I’m really impressed with the amount of funding that’s been brought in – locally, nationally, European and internationally – that has helped contribute to actions here.
“We’re still looking, so that we can do all the things that are in the action plan.”
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So far the action plan has included replacing 36,000 street lights with efficient LEDs, saving over £1 million a year in energy bills; installing better insulation in buildings making them cheaper to heat; replacing diesel vans with electric vehicles, which also reduces air pollution; and training council staff on topics such as how to reduce climate-warming greenhouse gas emissions.
New bike paths and bus lanes have helped encourage more people to cycle or take public transport instead of driving cars. And the landmark City Leap deal was signed between the council, Ameresco and Vattenfall, paving the way for hundreds of millions of pounds investment into generating renewable energy and expanding the district heat networks, among other work.
However much Bristol does reduce its greenhouse gas emissions, the climate is still forecast to warm up over the coming years, bringing extreme heatwaves, storms and floods. Work has begun on an analysis called the Keep Bristol Cool framework, which explores how to protect Bristolians from the effects of much hotter summers, including planting trees for better shade.
One way the council has tried to overcome the lack of cash is by getting locals to invest in its climate action plan. More than £2 million has been raised already via an innovative scheme, where the council sells bonds to investors. The money helps pay for measures to cut carbon emissions, while also providing a better return than standard savings accounts.
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Alex Ivory, the council’s climate change team manager, said: “Everybody in this sector realises there isn’t enough public sector money to achieve decarbonisation of cities. A large amount of it will have to come from the private sector.”
Transport emits the most greenhouse gases in Bristol, these Government figures show(Image: Local Democracy Reporting Service)
Cllr Fodor added: “We’re seen as one of the places that has really demonstrated how to have a whole spectrum of funding of different scales, from the million odd through the hundred million potentially. That’s really good news. It’s not enough yet, but it’s a good start.”
Getting the private sector to pay for projects raises a question about a lack of scrutiny. Labour has been trying to get an update to the environment committee on how the City Leap deal is going so far, as much of Bristol’s planned climate actions will be delivered by this project. But Cllr Fodor declined a request to bring a scrutiny paper to the committee.
Labour Cllr Kye Dudd, a former cabinet member who was instrumental in the City Leap deal, said: “I’ve been asking for a general scrutiny paper on how well that’s doing, probably for about a year now. It’s a 20-year project and a lot of money. This committee needs to be having regular updates, and we’ve not had one in the last two years. I think that’s a bit disappointing.”
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Cllr Fodor replied that the committee would monitor the individual projects in City Leap. He added that its performance is the responsibility of the strategy and resources policy committee, rather than the environment committee.
Lenovo has unveiled the new “AI Workmate Concept” during their presentation at the Mobile World Congress (MWC) 2026. This new concept is a robot-like desk companion that aims to help users with their work and more.
The new robot-like desk companion can hear voice commands, scan documents, interact with users, and more, making it a notable desk buddy for different kinds of needs, mainly focused on productivity.
Lenovo ‘AI Workmate Concept’ Unveiled at MWC 2026
Lenovo’s new AI Workmate Concept turned heads over at MWC 2026 as the company touched on robotics in this latest tech, as well as expanded on its generative artificial intelligence developments.
Combining the two, the company came up with a robot-like desk buddy that is capable of helping out and boosting one’s workflow.
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The AI Workmate Concept is a proof-of-concept development from Lenovo, focusing on translating human actions into “digital outcomes through natural interaction.” According to Lenovo, it is an “always-on desk companion” that offers support for gesture, spatial, voice, and writing interactions via its on-device AI.
The proof-of-concept robot has eyes via its LCD, and it is meant to be set on one’s desk. Additionally, it can also beam content to a desk or wall using its projection capabilities.
Lenovo’s Productivity and Workload Desk Buddy
Lenovo’s AI Workmate Concept is supposed to be a desk buddy, but it is also recommended to have a wall or empty desk nearby so it can project content.
The new proof-of-concept is the latest addition to the massive developments from Lenovo, which were unveiled during CES 2026, including the Lenovo Qira AI ecosystem for its consumer tech devices.
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Users may ask the AI-powered desk companion for help on “scanning and summarizing documents, organizing notes, and assisting in the creation of presentations and other work content.”
The company calls this desk companion an exploration of physical and spatial AI. It seems Lenovo is now looking to enter the professional ecosystem meant to assist in productivity and work.
