🌍 Market Context – Week 8 / February
/ 2026
Nifty Bank
Weekly 16-02-2026 to 20-02-2026
Present
Condition
Demand Zone: 58577.50 – 57157.85. Accumulation Phase. This demand zone is in
confluence with Weekly 20 EMA. Right now, price is reacting from demand zone
and we can see the bounce from this zone, and making a new all time high (ATH).
Previous week closed forming a bullish candle.
Supply Zone: No supply zone, ATH price 61764.85. Distribution Phase. Right now, price is reacting from demand zone and we can see there is no supply zone. Wait for the formation of a new supply zone; until then, the market remains bullish.
What We
can Expect
If the price
movement unable to break the current ATH and breaks the Demand Zone while
forming the new supply zone, then the next Demand Zone is at 54450.55 -53561.75
which is not a very significant zone and further breakdown can take you to a
more significant Demand Zone 49628.25 – 47702.90, which is in confluence with
3M 20 EMA.
If the
price movement respects the Weekly 20 EMA confluence Demand Zone and breaks the
ATH forming a new ATH, then we will clearly see the buyers taking the market up
and formation of new Demand Zones can be expected.
Overall
trend structure remains intact on weekly charts, but disciplined entry remains
essential.
1. HAPPSTMNDS
Happiest Minds continues to trade in a clear long-term downtrend on the weekly timeframe. Price remains below the declining 20-week EMA, confirming sustained bearish momentum. The structure is intact with consistent lower highs and lower lows, indicating strong supply control.
Two
notable supply zones are visible. The primary supply zone between ₹820–₹950 has
repeatedly rejected price, showing heavy institutional selling. A secondary
supply area around ₹650–₹680 also acted as resistance during recent pullbacks
before further downside continuation. These zones remain critical if price
attempts any relief rally.
On the
downside, the stock is approaching a major historical demand zone near ₹311–₹365.
This region previously triggered a strong upside move in 2021 and now serves as
an important reaction area to monitor.
Status: Bearish trend; approaching major
weekly demand.
Approach: Avoid aggressive longs. Watch for bullish reversal
confirmation at demand before detailed stock analysis.
Cipla is currently showing signs of weakness on the weekly timeframe after failing to sustain above the major supply zone between ₹1,600–₹1,700. Multiple rejections from this red zone confirm strong institutional supply overhead. The recent sharp bearish breakdown has pushed price below the 20-week EMA, indicating a shift in short-term momentum.
Structure-wise, the stock has
transitioned from range-bound consolidation to downside expansion, with a
decisive bearish candle breaking recent support levels. As long as price
remains below the falling 20-week EMA, rallies are likely to face selling pressure.
On the downside, a significant
demand zone lies between ₹1,150–₹1,220. This green zone previously acted as a
strong accumulation area and could attract buyers again if tested.
Status: Approaching Controlling Weekly
Demand Zone.
Approach: Wait for bullish reversal confirmation near the ₹1,150–₹1,220 Demand Zone,
before detailed stock analysis.
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.
📝 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:
The Multi-Timeframe Framework (HTF-ITF-LTF Model)
📌 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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