NSE – NIFTY IT Index | Weekly | Structural Assessment | 16 Feb 2026

 

📊 Instrument: NIFTY IT Index (CNXIT)

🕒 Timeframe: Weekly (Log Scale)

🧭 Focus: Long-term structural behaviour (not directional call)

📅 Date: 16 Feb 2026

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1️⃣ 🔎 Executive Summary

Price remains within a multi-year consolidation regime, currently undergoing time-based structural compression.
No confirmed impulsive resolution or structural breakdown at this stage.

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2️⃣ 🧱 Structure Position

Higher timeframe regime: Broad uptrend within range-bound consolidation

Since 2022, CNXIT has transitioned from impulsive expansion into a defined structural range between 26,000 and 46,000.

Classification: Range / Compression Phase

No structural shift confirmed.

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3️⃣ 🌍 Market Context

The 2020–2021 expansion phase required structural digestion.
Current behaviour reflects rotational rebalancing rather than trend failure.

Sector underperformance does not equate to structural damage unless range support fails.

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4️⃣ 📍 Key Structural Zones

Structural Pivot:
– 35,500–36,000 → Near-term bias stabilises above

Resistance Cluster:
– 46,000 → Structural expansion level

Corrective Support:
– 26,000 → Sustained breakdown required for structural damage

Higher-Timeframe Support (Inactive Currently):
– 20,000

Levels are structural reference zones — not trading signals.

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5️⃣ 🔄 Expected Behaviour (Conditional, Not Predictive)

Break above 46,000 → Structural expansion phase possible

Continued overlap inside 26k–46k → Ongoing compression

Sustained acceptance below 26,000 → Structure reset condition

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6️⃣ ⚠️ Invalidation / Risk Structure

Structural thesis weakens below 26,000 with sustained acceptance beneath the level.

Until then, declines remain within consolidation context.

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7️⃣ 🧠 Behavioural Interpretation

• Volatility contraction inside defined range
• Repeated rejection near upper boundary
• Repeated defence near lower boundary
• Momentum compression phase

This is characteristic of structural digestion, not confirmed distribution.

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8️⃣ 🏁 Conclusion

Structure remains intact but unresolved.
Compression continues within established boundaries.
Patience required until directional clarity emerges.

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⚠️ Disclaimer

This research is for educational and structural study purposes only.

It does not constitute investment advice, trading recommendations, or price targets.

Markets are dynamic and risk is inherent.

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#MarketOmorph #StructureFirst #MarketStructure #LongTermView #NIFTYIT #TechnologySector

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🔵 TRADINGVIEW VERSION – v2.0 Aligned

🏷️ Title

NIFTY IT Index | Weekly | Structural Assessment | 16 Feb 2026

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🧭 Description

Structural assessment of NIFTY IT Index on Weekly timeframe.

📊 Regime: Range within broader long-term uptrend
🔄 Current Phase: Structural Compression
📍 Structural Pivot: 35,500–36,000
🌍 Context: Multi-year consolidation between 26k–46k

Break above 46,000 → Expansion
Sustained breakdown below 26,000 → Structure reset

This is a structural study, not a directional forecast.
No targets. No predictions.

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⚠️ Disclaimer

Educational content only. Not investment advice.

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https://www.tradingview.com/chart/CNXIT/QyjvpQfc-NIFTY-IT-Index-Weekly-Structural-Assessment-16-Feb-2026/

#MarketStructure #StructureFirst #NIFTYIT #LongTermView