Nifty Trade setup for February 5
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Moneycontrol05-02-2026, 01:29

Nifty 50 Eyes 26,000: Key Levels & Trade Setup for February 5

  • Nifty 50 maintained its northward journey for the third straight session, gaining 0.2% on February 4, with momentum indicators showing a clear buy signal.
  • Experts predict Nifty 50 to move beyond 25,800 towards the psychological 26,000 level, with support at 25,650–25,500.
  • Nifty 50 formed a bullish candle with a lower shadow, sustaining above key moving averages, and showing strengthening bullish momentum.
  • Bank Nifty showed consolidation within the previous day's large candle, holding above support trendline and key moving averages, indicating positive bias.
  • India VIX, the fear gauge, fell 4.98% to 12.25, reducing uncertainty and providing comfort to bulls.

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