👀 Weekly Watchlist – [Week 7 / February / 2026]

 

🌍 Market Context – Week 7 / February / 2026

Nifty Weekly 09-02-2026 to 13-02-2026

Present Condition
Demand Zone: 24589.15 – 23847.85. Accumulation Phase. This demand zone is in confluence with Monthly 20 EMA.

Supply Zone: 26061.30 – 26373.20. Distribution Phase. Right now, price is reacting from supply zone and we can see the rejection from this zone. Previous week closed forming a bearish candle.

What We can Expect
If the price movement further experiences the selling pressure and breaks the Demand Zone, then the next Demand Zone is at 21593 -20976.80, which is in confluence with 3M 20 EMA.

If the price movement respects the Monthly 20 EMA confluence Demand Zone and breaks the Supply Zone, then we will clearly see the cup and handle pattern formation and expect the next Supply Zone at 29939.05 – 30464.90.    

Overall trend structure remains intact on weekly charts, but disciplined entry remains essential.

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 📌 Stocks Under Observation

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1️. HDFC Bank

HDFC Bank (₹903.90) is currently in a pullback phase after facing strong rejection from the ₹1,000–₹1,020 weekly supply zone. The broader structure remains constructive, with the higher timeframe trend still intact.

The key area to monitor is the controlling weekly demand zone between ₹800–₹840. This zone carries strong confluence — it marks a prior accumulation base and aligns with the 3-Month 20 EMA (₹814), making it a technically significant area for potential support.

As long as weekly closes sustain above ₹800, the broader bullish structure remains valid. A decisive break down below this level would require structural reassessment.

This is not a breakout trade at current levels. It is a patience-based accumulation setup, ideally near demand interaction rather than mid-range entries.

Status: Active monitoring near controlling demand.
Bias: Structure-respect, not momentum chasing.

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2. ITC

ITC is currently trading around ₹313 and has entered a major weekly demand zone near ₹300–₹320. This area has historically acted as a strong base, and price is now reacting from that region after a sharp decline from higher levels.

The setup carries important confluence. The 6-Month 20 EMA is positioned near the same zone, strengthening the probability of institutional support. Such alignment between higher-timeframe demand and long-term moving averages often marks potential medium-to-long term accumulation areas.

However, confirmation is still pending. Price needs to show clear signs of demand absorption — such as strong bullish weekly closes, higher lows formation, or decisive rejection wicks from the zone.

As long as the ₹300 level sustains on a weekly closing basis, structure can stabilize. A breakdown below this zone would weaken the setup.

Status: Inside weekly demand.
Approach: Wait for confirmation before detailed stock analysis.

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 🧭 What We Are Waiting For

Before publishing a detailed stock analysis:

• Weekly timeframe confirmation
• Strong bullish price structure
• Volume expansion
• Demand zone validation

Only after confirmation will a stock be added to the Investment Tracker.

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📝 Process Reminder

At Traders Pool:

• Accumulation only after confirmation
• No stop-loss based investing
• Exit only at predefined long-term target

Patience and conviction remain core principles.

To understand how Traders Pool selects long-term investments, read:
How Traders Pool Approaches Long-Term Investing

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📌 Disclaimer

This watchlist is published for educational purposes only and reflects personal observations based on a long-term investing framework. It does not constitute financial or investment advice. Readers should conduct their own research or consult a qualified financial advisor before making investment decisions.

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