This is the three dimensional analysis for Nifty 50 for the week Feb 9- Feb 13 using the Fundamental, Technical and Astrological aspects for the week.
Fundamentals Analysis –
Global Sentiment – The global mood is currently bearish, primarily driven by the sell off in US tech stocks triggered by massive AI spending concerns.
Domestic factors – Rbi kept the repo rate unchanged with neutral stance on Feb 6. The US-India trade deal has given positive sentiment to the Indian market expecting lower tariffs and boost in exports.
Q3 Results – The earnings results might keep the market volatile as next week results will focus on heavy weights like SBI, Titan, HUL, M&M etc. The IT sector is facing pressure due to global tech weakness and AI disruption fears.
Institutional Flow – While FII turned Bullish on Friday, their stance is still not clear and might react according to the global cues.
Overall, not very clear cues from fundamentals. The market might react to any important news this week.
Technical analysis –
Option Chain – In the weekly Option chain max Put OI is on 25500 and max call OI is at 27000. The option chain looks too bullish this week.
Nifty has made a strong Bullish candle on the weekly chart which suggests the lower levels of 24800 looks safe for now. So there is high probability for market to test higher levels of 26000 this week.
On the down side the levels of 25400 – 25200 can act as a support.
Technical analysis weekly range : 26000 – 25200
Astrological analysis –
This week Muntha is in first house which is a strong sign for nifty to go up. Moon is in Libra Sign in 11th house – in the house of gains which is a positive sign. Sun and Mars is a fiery combination in 2nd house which also supports the bullish momentum in Nifty.
Saturn in 4th house gives a strong foundation and acts as support or cushion even if there are any intraday dips.
So the start of the week looks Bullish
On 10th Feb Moon transits to Scorpio in 6th house which is not a great sign. Any negative news can activate the selling pressure.
Saturn in 10th house can give a reality check to the gains of the market. It can make it difficult for Nifty to go more high for the rest of the week.
So the mid of the week can be negative to volatile for Nifty
On Friday Moon enters Sagittarius in the 1st House which is an optimistic sign. Mars is in 2nd house which can act as double edged sword for Nifty. The cluster of Venus, Mercury, Rahu and Sun in 3rd house in aquarius might indicate the news based movement creating volatility or ‘false signals’ in the market.
So Friday looks Volatile