Connect with us

Business

Dalal Street Week Ahead: Protect gains, avoid fresh longs until key levels hold

Published

on

Dalal Street Week Ahead: Protect gains, avoid fresh longs until key levels hold
The markets traded in a relatively narrower range through the week with a clear negative bias and ended lower. After opening near the higher end of the range, Nifty attempted an early push toward 26,009 but failed to sustain the move and gradually drifted lower. Selling pressure intensified toward the latter half, dragging the index to an intra-week low of 25,444 before settling near the lower end of the range.

The index oscillated within a 565-point band. India VIX rose sharply by 11.33% to 13.29, reflecting a pickup in volatility and some nervousness creeping back into the system. Nifty ended the week with a net loss of 222.60 points (-0.87%).

Screenshot 2026-02-14 180251Agencies

The broader structure continues to show a market that is in a medium-term uptrend but currently undergoing a corrective phase within that trend. On the weekly chart, Nifty has slipped below its 20-week moving average (25,728) and is hovering above the 50-week MA (24,931), placing it in a critical intermediate support zone.

The price action over the past several weeks resembles a mild distribution phase near the recent highs, and the index is now testing the lower boundary of the falling trend line. The 24,900–24,950 zone remains a major support area on a closing basis; a sustained breach below this band could open the door for a deeper retracement toward the 24,350–24,400 region. On the upside, only a decisive move back above 25,800–26,000 would negate the immediate weakness and restore directional strength.

For the coming week, the markets are likely to see a cautious and potentially volatile start given the rise in VIX and the index closing near its weekly low. Immediate resistance levels are placed at 25,728 (20-week MA) and 26,000. Key supports come in at 25100 and 24,950. The weekly RSI stands at 50.17, having slipped below its recent peaks and now sitting in neutral territory; there is no visible bullish or bearish divergence against price at this point. The weekly MACD remains above the zero line but is below its signal line, indicating a loss of upward momentum. The latest candle is a bearish body following a phase of hesitation near the highs, hinting at growing supply at elevated levels.

Advertisement


From a pattern perspective, the index appears to be forming a short-term topping structure after failing to sustain above the recent highs. The inability to hold above the upper Bollinger Band and the subsequent drift toward the middle band reflect waning momentum. The 50-week MA at 24,931 and the 100-week MA at 24,359 form a layered support cluster below current levels, while the 200-week MA continues to slope upward, underscoring that the long-term trend remains intact despite near-term pressure.
Given this setup, a measured and stock-specific approach is advisable. Traders should avoid aggressive fresh longs until the index either reclaims 25,800 decisively or retests and stabilizes around the 24,900–24,950 support zone. Protection of existing gains should take precedence over chasing momentum. The coming week demands disciplined risk management and selective participation rather than broad-based aggressive positioning.In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks.

Screenshot 2026-02-14 180322Agencies
Screenshot 2026-02-14 180345Agencies

Relative Rotation Graphs (RRG) show that the Nifty PSE Sector Index has rolled inside the leading quadrant. Besides this, even IT index is inside the leading quadrant, but is seen rapidly giving up on its relative momentum. The other sector Indices that are inside the leading quadrant are Services Sector, Bank Nifty, PSU Bank, Metal, and Financial Services Indices. These groups may relatively outperform the broader
markets.

The Auto and the Midcap 100 Index are inside the weakening quadrant. The Infrastructure Index is also inside this quadrant but it is improving on its relative momentum.

The Nifty Pharma Index has rolled inside the lagging quadrant. While the FMCG Index languishes inside the lagging quadrant, the Realty Index is seen improving its relative momentum.

The Media and the Energy Indices are placed inside the improving quadrant. Important Note: RRGTM chartsshow the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Stocks Tumble After Chaotic NFP And Oil Action – Dow Jones And U.S. Index Outlook

Published

on

Stocks Tumble After Chaotic NFP And Oil Action - Dow Jones And U.S. Index Outlook

Stocks Tumble After Chaotic NFP And Oil Action – Dow Jones And U.S. Index Outlook

Continue Reading

Business

Al-Nassr Star Sidelined 2-4 Weeks After Al-Fayha Setback

Published

on

Cristiano Ronaldo

RIYADH, Saudi Arabia — Cristiano Ronaldo faces a brief but concerning spell on the sidelines after sustaining a hamstring injury during **Al-Nassr**’s Saudi Pro League victory over Al-Fayha on Saturday, March 1, 2026. The 41-year-old Portuguese forward limped off in the 81st minute of the 3-1 win, clutching his right hamstring, prompting immediate medical evaluation and rehabilitation.

Cristiano Ronaldo
Cristiano Ronaldo

Al-Nassr issued an official statement on Tuesday, March 3, confirming the diagnosis: “Cristiano Ronaldo has been diagnosed with a hamstring injury after the last game against Al Fayha. He started a rehabilitation program and will be under evaluation day by day.” The club has not provided a fixed return date, emphasizing daily assessments to monitor progress and determine his comeback timeline.

Reports from reliable sources, including transfer expert Fabrizio Romano, indicate the injury could sideline Ronaldo for **two to four weeks**. Romano noted on social media that “Cristiano Ronaldo could be OUT for up to four weeks with muscle injury,” with additional tests pending. The forward is reportedly targeting a swift return, though the severity—described in some outlets as a hamstring tendon issue or more serious than initial muscle fatigue—has prompted specialist care. Recent updates suggest Ronaldo has traveled to Madrid for advanced rehabilitation, as confirmed by Al-Nassr manager Jorge Jesus, who described the setback as “more serious than expected.”

The timing raises questions for both club and country. Al-Nassr, competing in the Saudi Pro League and other competitions, will miss Ronaldo’s goal-scoring prowess and leadership in upcoming fixtures. The team faces potential absences for league games against Neom and Al-Khaleej, and any extended recovery could impact their title chase. Earlier in 2026, Ronaldo had already missed matches amid a brief reported dispute with the club, but he returned to training and action, starting 11 games since January.

For **Portugal**, the injury casts doubt on Ronaldo’s participation in upcoming international friendlies against Mexico on March 29 and the United States on April 1. These matches serve as key preparation for the 2026 FIFA World Cup, co-hosted by the United States, Mexico, and Canada, starting June 11. Portugal coach Roberto Martinez may need to adjust plans if Ronaldo misses the final pre-tournament camp. However, medical experts and multiple reports stress the issue is not long-term, with Ronaldo expected to recover well before the World Cup. A two-to-four-week absence would position him to regain full fitness in April or May, allowing time to build match rhythm ahead of what could be his record sixth World Cup appearance.

Advertisement

Ronaldo, who turns 41 in February 2026, has maintained remarkable form in the Saudi Pro League despite his age. He has been a consistent starter for Al-Nassr under manager Jorge Jesus, contributing goals and assists while adapting to the demands of the league. The hamstring problem follows a season of heavy workload, including club duties and national team commitments. Earlier reports downplayed the initial discomfort as “muscle fatigue,” but further imaging revealed the true extent, leading to cautious management to avoid aggravation.

Fans and analysts express concern over the veteran’s durability, yet optimism prevails given Ronaldo’s history of resilience. The five-time Ballon d’Or winner has overcome numerous injuries throughout his career, often returning stronger. Al-Nassr and Portugal medical teams prioritize a full recovery, with day-by-day evaluations guiding his progression from rehab to light training and eventual return.

The setback underscores the physical toll on elite athletes in their 40s, even legends like Ronaldo. As he focuses on rehabilitation—potentially in Madrid for specialized treatment—supporters worldwide await updates on his status. Al-Nassr continues to dismiss speculation about his future or departure, emphasizing his commitment amid the injury management.

Should recovery align with the two-to-four-week estimate, Ronaldo could miss a handful of club matches but remain on track for international duty later in the spring. His presence remains vital for Portugal’s World Cup ambitions and Al-Nassr’s pursuit of silverware. For now, the focus stays on careful healing to ensure the iconic forward is ready when it matters most.

Advertisement

As the situation develops, follow official club channels and Portugal announcements for the latest. Ronaldo’s determination, paired with top-tier medical support, suggests this is a temporary hurdle rather than a threat to his enduring legacy.

Continue Reading

Business

RBI proposes compensation for bank fraud losses up to Rs 50,000

Published

on

RBI proposes compensation for bank fraud losses up to Rs 50,000
Mumbai: Bank customers losing up to Rs 50,000 in fraudulent electronic banking transactions could seek compensation even if the loss was due to their negligence, according to a Reserve Bank of India proposal. Under draft regulations issued by the central bank, such customers would be reimbursed 85% of the net loss or Rs 25,000, whichever is lower. The benefit could be availed of once during a customer’s lifetime.

Customers would have zero liability and be entitled to reversal of the transaction if the fraud occurred due to negligence of the bank or because of a third-party breach.

The regulator has proposed to place the burden of proving customer liability on banks in such cases. The directions would apply to electronic banking transactions undertaken from July 1, 2026, the draft regulations said.

Screenshot 2026-03-07 075028Agencies

According to the Reserve Bank of India, nearly 65% of fraud cases involve amounts below Rs 50,000.
Compensation would be provided if the loss was established as genuine under the bank’s internal policy. The victim must report the incident both to the bank and the National Cyber Crime Helpline (1930) within five days of the fraud.


After receiving a complaint, banks must examine it, determine liability and respond to the customer within 30 days.
The draft framework sets out a compensation-sharing mechanism. For losses below Rs 29,412, where the compensation would be 85%, the RBI would provide 65%, while the customer’s bank and the beneficiary bank would contribute 10% each, it said. For losses between Rs 29,412 and Rs 50,000, the RBI would contribute Rs 19,118, while the customer’s bank and the beneficiary bank would put in Rs 2,941 each. The proposed compensation mechanism would remain in force for one year from the effective date, after which it would be reviewed, the RBI said. The aim is to gradually increase the share borne by banks and reduce or eliminate the central bank’s contribution in such instances, it said. The regulator has invited comments from stakeholders on the draft until April 6, 2026.

Negligence by a bank includes failure to put in place required security systems, send transaction alerts, provide channels to report fraud or act promptly on customer complaints. Customer negligence includes sharing credentials such as PINs, passwords or OTPs, delaying the reporting of fraud.

Advertisement
Continue Reading

Business

Form 4 BlackRock MuniYield Qual Closed III For: 6 March

Published

on


Form 4 BlackRock MuniYield Qual Closed III For: 6 March

Continue Reading

Business

Iran war enters second week as Trump demands ’unconditional surrender’

Published

on

Iran war enters second week as Trump demands ’unconditional surrender’


Iran war enters second week as Trump demands ’unconditional surrender’

Continue Reading

Business

Form 4 Broadway Financial Corporation For: 6 March

Published

on


Form 4 Broadway Financial Corporation For: 6 March

Continue Reading

Business

Form 4 Crisp Momentum Inc For: 6 March

Published

on


Form 4 Crisp Momentum Inc For: 6 March

Continue Reading

Business

FDA approves Sotyktu for active psoriatic arthritis treatment

Published

on


FDA approves Sotyktu for active psoriatic arthritis treatment

Continue Reading

Business

Dow Closes Lower, U.S. Oil Climbs to Highest Level Since 2024

Published

on

Dow Closes Lower, U.S. Oil Climbs to Highest Level Since 2024

The Dow Industrials slid 1.6%, nearly 800 points, while U.S. crude jumped 8.5% to $81.01 a barrel, its highest price since July 2024 and its biggest one-day jump since 2020. Brent crude, the global benchmark, climbed above $85.

Continue Reading

Business

Dow Drops 780 Points Ahead of Jobs Report. Oil Hits Highest Settle Since 2024.

Published

on

Stocks Little Changed After Fed Decision

The Dow dropped 785 points, or 1.6%. A late rebound lifted the index from an 1,100-point hole. The S&P 500 fell 0.6%. The Nasdaq Composite dropped 0.3%.

West Texas Intermediate crude oil futures spiked 8.5% to $81.01 a barrel, which is its biggest one-day percentage gain since May 14, 2020, and its highest settlement since July 18, 2024, according to Dow Jones Market Data. Brent crude oil futures, the international benchmark, rose 4.9% to $85.41 a barrel.

Continue Reading

Trending

Copyright © 2025