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

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Moneycontrol•05-02-2026, 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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