The Nifty index ended its two-week losing streak with a 1.4% weekly gain, closing just under 25,700. It rallied after the India-US trade deal, which cut reciprocal tariffs from 25% to 18%. Despite volatile swings over a 1,662-point weekly range, Nifty stayed above its crucial 100-day moving average of around 25,500. Analyst Sudeep Shah of SBI Securities says momentum points to sideways consolidation before a clear trend emerges. Immediate support lies near 25,500 with resistance around 25,880. A move above 25,880 could lead to fresh highs near 26,200. February, traditionally a weak month, shows cautious potential. Post-Budget trends favor Pharma and Financial Services, which historically show gains after the Budget announcement. Bank Nifty hit a new high of 61,764 but ended the week at 60,120 with nearly 3% gains. It remains bullish but indicators suggest possible sideways movement. Support is near 59,600, with resistance at 60,500. A break above 60,500 can trigger a rally toward 62,000. Foreign institutional investors (FIIs) turned net buyers this week, boosted by trade deal news. The Indian Rupee recorded its best weekly close in nearly three years. However, experts caution that steady FII inflows and consistent dollar weakness are needed to sustain market gains. IT stocks tumbled over 6%, hit by fresh fears of AI disrupting growth after the launch of an advanced AI tool by Anthropic. The Nifty IT index broke key support levels and shows bearish momentum. Traders are advised to avoid buying on dips and consider selling on rallies until the trend improves. Defence stocks remained range-bound despite a supportive budget. The sector lacks momentum, with resistance between 8,300 and 8,400 points. Select stocks like Data Patterns and MTAR Tech show relative strength. Among individual stocks, Apar Industries, Aarti Industries, and Nykaa showed gains but investors should watch key resistance levels before buying more. Stocks like BDL, GRSE, and Hindustan Copper faced pressure and need strong breakouts to reverse trends. Shah highlights that sectors like CPSE, PSE, Metals, and Oil & Gas are set to outperform, while IT, Pharma, and Healthcare appear weaker technically. Investors should watch these trends and trade carefully.