Market Brief: Nifty 500 Technical Breakouts The Nifty 500 index reached **23,395.00** on February 20, 2026, marking a **0.4%** rise amid a broader market recovery. Technical scans have identified a cluster of high-momentum stocks, led by Hyundai Motor India and Siemens, which have cleared significant resistance levels and bullish RSI crossovers. Hyundai Motor India (HYUNDAI) Hyundai Motor India emerged as a top gainer, surging **5.16%** to close at **2,293.40**. The stock successfully crossed its **200-day Moving Average (DMA)** of **2,246.15**, signaling a potential shift into a long-term uptrend. Trading volume saw a significant spike, reaching over **942,000** shares, nearly double the **20-day average**. Technical indicators show a weekly stochastic crossover, which historically precedes an average price gain of **7.5%** over the subsequent seven weeks. Despite recent revenue contraction of **1.74%**, the company maintains a healthy **Return on Equity (ROE)** of **34.83%**. Siemens Ltd (SIEMENS) Siemens demonstrated robust strength, gaining **3.41%** to end at **3,206.20**. The stock cleared its **200-DMA** of **3,151.76** and is currently trading above all major moving averages, including the **5, 20, 50, and 100-day** marks. In the last month, Siemens has outpaced the broader market with a **13.21%** return, compared to the Sensex's **0.90%** rise. While momentum oscillators like the RSI have crossed above the **50** mark, indicating strengthening price action, the stock is approaching a neutral-to-overbought zone on monthly charts. Momentum Trends in Nifty 500 Several other constituents have mirrored this bullish behavior, crossing above their **50-day Simple Moving Average (SMA)**: * **JSW Energy**: Gained **2.9%** to reach **494.00**, trading **2.8%** above its 50-day average. * **Granules India**: Rose **3.6%** to **599.10**, clearing its 50-day resistance by **2.7%**. * **Canara Bank**: Increased **3.2%** to **154.20**, maintaining a **2.6%** cushion above its SMA. The collective RSI crossover above **50** for these five stocks suggests that the prevailing sentiment is shifting from consolidation to active accumulation. Traders are currently monitoring the **2,345** target for Hyundai and the **3,250** resistance zone for Siemens as immediate benchmarks for short-term momentum continuation.