BANKNIFTY OVERVIEW 23/2/2026

 

📊 BANKNIFTY – Daily Chart Technical View CMP: ~61,172

🔎 Chart Observation: Price trading near major resistance zone 61,500–61,600

Immediate support at 60,500

Strong support at 57,600

RSI ~59 → Bullish but not overbought

MACD positive crossover with strong histogram → Uptrend momentum intact

Overall Bias: Bullish above 60,500

🔵 SCENARIO 1: BUY ON BREAKOUT ✅ Entry: 61,600 (Daily close above resistance) 🎯 Target 1: 62,200 🎯 Target 2: 63,000 🛑 Stop Loss: 60,900 📈 Probability: Target 1: 68%

Target 2: 55%

Logic: Resistance breakout + strong MACD + RSI above 55 supports bullish continuation.

🔵 SCENARIO 2: BUY ON DIP ✅ Entry: 60,500–60,600 (Support zone) 🎯 Target: 61,500 🛑 Stop Loss: 59,900 📈 Probability: 65%

Logic: Trend is upward; pullback to support offers better risk-reward.

🔴 SCENARIO 3: SELL BELOW BREAKDOWN ✅ Entry: 60,400 (Breakdown below support) 🎯 Target 1: 59,500 🎯 Target 2: 57,600 🛑 Stop Loss: 61,000 📉 Probability: Target 1: 58%

Target 2: 45%

Logic: Breakdown may trigger short covering unwinding and correction toward major support.

📌 Summary Above 60,500 → Bullish

Below 60,400 → Short-term bearish

Major trend remains positive unless 59,500 decisively breaks.

NIFTY 50 OVERVIEW 23/2/2026

 📊 NIFTY 50 – Daily Chart Technical View From your chart:

CMP: ~25,571

Strong resistance near 26,300 (previous supply zone)

Immediate resistance around 25,750–25,800 (falling trendline zone)

Strong support at 25,350

Major support near 24,500

RSI ~48 → Neutral (no overbought/oversold)

MACD → Positive crossover but momentum slowing

🔵 SCENARIO 1: BUY ABOVE BREAKOUT ✅ Entry: 25,800 (on daily close above trendline) 🎯 Target 1: 26,000 🎯 Target 2: 26,250 – 26,300 🛑 Stop Loss: 25,500 📈 Probability: Target 1: 65%

Target 2: 55%

Logic: Falling trendline breakout + MACD positive + price holding above 25,350 support.

🔴 SCENARIO 2: SELL BELOW SUPPORT ✅ Entry: 25,330 (below support breakdown) 🎯 Target 1: 25,000 🎯 Target 2: 24,500 🛑 Stop Loss: 25,650 📉 Probability: Target 1: 60%

Target 2: 50%

Logic: Breakdown below horizontal support may trigger fresh selling pressure.

📌 Overall Market Bias Currently Sideways to Slightly Bullish above 25,350. Clear direction will come only after breakout of 25,800 or breakdown of 25,350.

ETHOS LTD OVER VIEW

 

HYUNDAI MOTOR INDIA LTD OVERVIEW OF BUY

 

📊 HYUNDAI MOTOR INDIA LTD CMP: ₹2,189 (Daily Chart View)

चार्ट में स्पष्ट Downtrend Line Resistance दिख रही है (₹2,880 से गिरावट के बाद Lower High – Lower Low Structure)। अभी स्टॉक Trendline के पास Consolidation में है।

🔎 TECHNICAL VIEW 📉 Trend ₹2,878 से गिरावट के बाद लगातार Lower High बना रहा है

Downward Sloping Trendline Resistance एक्टिव

₹2,130–₹2,150 Strong Demand Zone

👉 Trendline के ऊपर Daily Closing = Trend Reversal Signal

📌 SUPPORT & RESISTANCE 🔻 Strong Support: S1: ₹2,135

S2: ₹2,050

S3: ₹1,900

🔺 Resistance: R1: ₹2,250 (Trendline Zone)

R2: ₹2,400

R3: ₹2,600

Major Supply: ₹2,880

🎯 SHORT TERM VIEW (1–3 Weeks) Bias: Sideways to Breakout Watch

📈 Bullish Setup: Buy Above: ₹2,250 (Trendline Break)

🎯 Target 1: ₹2,400

🎯 Target 2: ₹2,600

🛑 Stop Loss: ₹2,130

📉 Bearish Setup: Below ₹2,130

🎯 Target: ₹2,050 / ₹1,980

📈 MEDIUM TERM VIEW (1–3 Months) Bias: Accumulation Near Support

Buy on Dips: ₹2,050–₹2,150

🎯 Target 1: ₹2,400

🎯 Target 2: ₹2,600

🛑 Stop Loss: ₹1,900 (Closing Basis)

👉 ₹2,600 के ऊपर Strong Momentum ₹2,880 तक खुल सकता है।

🏆 LONG TERM VIEW (6–18 Months) Structure: Strong Brand, Temporary Technical Correction

Accumulate: ₹1,950–₹2,150 Zone

🎯 Target 1: ₹2,800

🎯 Target 2: ₹3,200+

🛑 Stop Loss: ₹1,750

📍 PIVOT LEVEL (Near Term) Approximate Daily Pivot:

Pivot: ₹2,180

Resistance 1: ₹2,230

Resistance 2: ₹2,300

Support 1: ₹2,130

Support 2: ₹2,050

👉 ₹2,180 के ऊपर टिके रहना = Intraday Strength

💰 FUNDAMENTAL VIEW ✔ Strong Parentage – Hyundai Global Brand ✔ Growing SUV Portfolio ✔ Strong Export Market Share ✔ EV Expansion Strategy

⚠ Risk Factors: Auto Sector Slowdown

EV Competition (Tata, Mahindra)

Commodity Cost Fluctuation

📌 Overall Fundamental Bias: Positive for Long Term Investors

📊 STRATEGY SUMMARY Term Strategy Target Stop Loss Short Term Buy > 2250 2400 / 2600 2130 Medium Term Buy on Dip 2400 / 2600 1900 Long Term Accumulate 2800 / 3200 1750

COAL INDIA LTD POSITION CALL AND OVERVIEW

 

STOCK: COAL INDIA LTD (CMP ~ ₹421) (चार्ट के आधार पर टेक्निकल + पोज़िशनल व्यू)

🔎 TECHNICAL VIEW 📌 Trend Structure लॉन्ग टर्म में स्टॉक ने ₹230 से ₹550 तक बड़ा अपट्रेंड दिया।

उसके बाद करेक्शन लेकर ₹350 के आसपास बेस बनाया।

अभी स्टॉक ₹400–₹440 के रेंज में कंसोलिडेशन में है।

₹440 के ऊपर क्लोजिंग = फ्रेश ब्रेकआउट संकेत।

📊 SUPPORT & RESISTANCE LEVELS 🔻 Major Support S1: ₹400

S2: ₹360

S3: ₹280 (Strong long-term base)

🔺 Major Resistance R1: ₹440

R2: ₹480

R3: ₹520–550 (Strong Supply Zone)

🎯 SHORT TERM VIEW (1–3 Weeks) Trend: Sideways to Mild Bullish

🔹 Buy above: ₹440 (Breakout Confirmation)

🎯 Target 1: ₹460

🎯 Target 2: ₹480

🛑 Stop Loss: ₹398

👉 अगर ₹400 के नीचे क्लोजिंग आती है तो शॉर्ट टर्म वीकनेस ₹360 तक जा सकती है।

📈 MEDIUM TERM VIEW (1–3 Months) Trend: Accumulation Phase

🔹 Buy on Dips: ₹390–₹405 Zone

🎯 Target 1: ₹480

🎯 Target 2: ₹520

🛑 Stop Loss: ₹350 (Closing Basis)

👉 ₹480 के ऊपर बड़ा मूव ₹520–₹550 तक खुल सकता है।

🏆 LONG TERM VIEW (6–18 Months) Trend: Structurally Strong PSU Stock

🔹 Accumulate near ₹360–₹400

🎯 Target 1: ₹520

🎯 Target 2: ₹600+ (If Sector Momentum Continues)

🛑 Stop Loss: ₹280 (Major Structural Support)

📌 PIVOT LEVEL (Near Term Approx.) (Recent price action के आधार पर)

Pivot: ₹425

Resistance 1: ₹440

Resistance 2: ₹455

Support 1: ₹405

Support 2: ₹390

👉 ₹425 के ऊपर टिके रहना = Intraday / Short Term Strength

💰 FUNDAMENTAL VIEW ✔ Strong Government Backing (PSU) ✔ High Dividend Yield Stock ✔ Monopoly-like Position in Coal Production ✔ Stable Cash Flow Business ✔ Beneficiary of Rising Power Demand

⚠ Risk Factors: Renewable Energy Transition

Government Policy Changes

Commodity Price Volatility

Overall Fundamental Bias: Stable to Positive for Long Term Investors

📌 STRATEGY SUMMARY Term Strategy Target Stop Loss Short Term Buy Above 440 460 / 480 398 Medium Term Buy on Dip 400 480 / 520 350 Long Term Accumulate 520+ / 600 280

NIFTY Futures overview

NIFTY Futures 5-min chart you shared, using trend, targets, stop-loss, pivot, support–resistance, and time-wise view.

🔍 TREND ANALYSIS Short-term trend: ⬇️ Bearish / Sideways to Down

Price is trading below EMA 44, showing selling pressure.

Falling channel formation → lower high & lower low

Minor bounce seen from lower channel, but trend not reversed yet.

🎯 TRADE SETUP (SHORT TERM – INTRADAY) 🔴 SELL ON RISE (Preferred) Sell Zone: 25,760 – 25,800

Target 1: 25,713

Target 2: 25,661

Target 3: 25,623

Stop Loss: 25,845 (above Pivot & EMA)

🟢 BUY (Only if breakout) Buy Above: 25,845 (sustained)

Target 1: 25,899

Target 2: 25,946

Stop Loss: 25,760

🧭 PIVOT LEVELS (FIBONACCI) R3: 26,022

R2: 25,946

R1: 25,899

P (Pivot): 25,823

S1: 25,747

S2: 25,699

S3: 25,623

➡️ Price is below Pivot, bias remains negative.

📉 SUPPORT & RESISTANCE 🟢 SUPPORT 25,713 – Immediate support

25,661 – Channel support

25,623 – Strong demand zone

🔴 RESISTANCE 25,743 – 25,760 – Minor resistance

25,823 – Pivot + EMA resistance

25,899 – Strong resistance (trend change above this)

⏱️ TIME-WISE VIEW 🔹 SHORT TERM (Intraday) View: Sell on rise

Volatility expected inside 25,620 – 25,820

🔹 MEDIUM TERM (1–3 Days) View: Bearish below 25,900

Breakdown below 25,620 can open 25,500

🔹 LONG TERM (Positional) View: Neutral to Bearish

Trend turns bullish only above 26,000

Below 25,600 → deeper correction possible

📝 TECHNICAL SUMMARY EMA below price → Bearish bias

Falling channel intact

Pivot resistance holding

Sell on rise strategy safer unless breakout confirmed

NIFTY 50 OVERVIEW

 

📊 NIFTY 50 – TECHNICAL VIEW 🔹 Current Price Zone NIFTY: ~ 25,760

માર્કેટ આખો દિવસ narrow range માં રહ્યો છે

Lower High – Higher Low → Triangle / Falling Wedge type structure

📐 TREND & PATTERN ઉપરથી Descending Trendline (Purple) → Resistance

નીચે Rising Support Line → Support

Volatility ઓછી → Breakout pending

➡️ Conclusion: 👉 Range breakout આવે ત્યાં સુધી scalping / profit booking market

🧮 SUPPORT & RESISTANCE LEVELS 🟢 SUPPORT 25,712 – 25,720 (Strong intraday support)

25,680 (Major support – breakdown below = weakness)

25,600 (Day low / panic level)

🔴 RESISTANCE 25,786 – 25,800 (Immediate resistance)

25,900 (Psychological + supply zone)

26,050 – 26,100 (Strong selling zone)

🎯 TRADE SETUPS (INTRADAY) ✅ BUY SCENARIO Buy Above: 25,800 (sustaining 5–10 min)

Targets:

🎯 T1: 25,860

🎯 T2: 25,920

Stop Loss: 25,740

👉 Only on breakout with volume

❌ SELL SCENARIO Sell Below: 25,710

Targets:

🎯 T1: 25,650

🎯 T2: 25,600

Stop Loss: 25,780

👉 Breakdown confirmation જરૂરી

🔁 PIVOT LEVELS (Approx) Pivot Point: 25,760

R1: 25,820

R2: 25,900

S1: 25,710

S2: 25,630

➡️ Price pivot ઉપર = bullish bias ➡️ Price pivot નીચે = bearish bias

📉 INDICATORS RSI: ~45–48 (Neutral, no strength yet)

Moving Average: Price MA ની આસપાસ → sideways market

Volume: Low → Big move pending

🌍 FUNDAMENTAL VIEW (SHORT TERM) Budget aftermath → profit booking mode

Global cues mixed

Traders booking 3–5% gains

Delivery players also lightening positions

➡️ No fresh aggressive longs till breakout

🧠 FINAL CONCLUSION Market = Range Bound

Strategy = Buy support, sell resistance

Big move only after 25,800 or 25,700 break