Let’s look at the important factors which can affect Nifty 50 movement in the month of Feb. This analysis is done using the power of three important factors i.e Fundamental, Technical and Planetary aspects on the market.
Fundamental analysis –
Global Risk Sentiment – Global sentiment remains cautious as rate-cut expectations fluctuate, keeping emerging markets volatile.
Domestic factors – Domestic macros remain stable, with inflation under control and RBI maintaining a neutral stance, providing a supportive base.
Earnings & Sector Mood – The Q3 earnings result for FY2026 has been mixed. With the Fintech & New-Age Tech sector delivering massive profits, IT services has performed well fundamentally, but stock prices are capped by global uncertainty and higher US bond yields. The growth for Banking and Finance sector has been steady. Automobile Sector has struggled due to slow growth.
Institutional Flow – FII remain net sellers, while consistent DII buying continues to provide downside support.
Overall, fundamentals suggest a stable but cautious market environment this month, favouring selective buying rather than aggressive positioning.
Technical analysis
Option Chain – The monthly Option chain indicates max Put OI on 25000 and max call OI is at 26000. This looks to be a high probability range for nifty for this Month.
The index is in the oversold region currently trading around 200 EMA and below 50 EMA. If there is no negative news and the fundamentals remain stable the index can test the levels of 25400-25600 with maximum upto 26000 levels in this month.
Technical analysis monthly range : 25600 – 24500
Astrological analysis
In this month Muntha is in 2nd house which is great for financial indices. There is heavy conjunction of Mercury , Sun , Venus , and Mars packed into Capricorn in the 6th House. This indicates an intense battle between the bulls and bears. Because this cluster is in Capricorn (a sign of structure and law), it suggests that regulatory news, government policies, or interest rate decisions can become the reason of this ‘battle’.
Mars is exalted in Capricorn which gives the great fighting ability to Bulls incase of any sharp down side. Saturn in 8th house can provide a reality check regarding long-term risks or hidden global economic factors. Jupiter is in the 11th house which is generally positive for market gains. However it’s retrograde status can suggest hesitation without a clear permanent direction.
Planetary transits during this month –
Mercury enters Aquarius on 3rd Feb (Friendly sign , good for market)
Venus enters Aquarius on 6th Feb (Friendly sign, good for market)
Sun enters Aquarius on 13th Feb ( Sun is weak here , not a great placement for Govt institutions)
Mars enters Aquarius on 23rd Feb (Neutral Sign, can indicate high volatility)
Since all four of these planets are joining Rahu in Aquarius this month, the energy is amplified.
Final Overview
Taking into consideration all the Three aspects for Nifty 50 it indicates bullish to volatile market for the first two weeks. After that market can stay volatile to bearish towards the Feb end.