Market Brief: Nifty500 Momentum and Technical Trends The Nifty500 index reflects a period of heightened volatility and cautious sentiment. As of **February 20, 2026**, the index has faced significant pressure, tracking a sharp **1.41%** decline in the benchmark Nifty 50, which closed at **25,413** following a substantial sell-off. Despite this broader market turbulence, specific technical scans continue to highlight pockets of resilience where stocks signal a shift from bearish to bullish territory. Technical indicators like the Relative Strength Index (RSI) are currently pivotal for identifying short-term recovery. A crossover where the RSI moves above the **50** mark is widely regarded by traders as a "bullish upswing," suggesting that price momentum is strengthening. This trend was notably observed earlier in several Nifty500 constituents, where improving technical scores helped investors identify buying opportunities amidst fluctuating prices. Lloyds Metals & Energy Limited (LLOYDSME) Lloyds Metals has recently navigated a complex trading environment. The stock price was last recorded around **₹1,125**, facing an intraday decline of over **5%** during the heavy market sell-off on **February 19**. Despite the immediate price pressure, the company is actively pursuing aggressive global expansion. On **February 17, 2026**, the firm incorporated a new step-down subsidiary, **Virtus Lloyds Resources FZCO**, in the Dubai Multi Commodities Centre (DMCC). This move is designed to facilitate strategic partnerships with US-based developers and enhance its international footprint in the metals and mining sector. This follow-up to its **₹8,000 crore** expansion plan approved earlier this month signals a robust long-term growth outlook, even as its short-term RSI navigates neutral to bearish zones. Welspun Living Limited Welspun Living is currently trading near **₹137.75**, showing a slight decline of **0.52%** in recent sessions. The stock has maintained a market capitalization of approximately **₹13,212 crore**. While it has experienced a **15%** return over the past month, it recently triggered a technical sell signal as it dipped below its **10-day** moving average. The textile sector, including Welspun, remains in the spotlight due to shifting trade dynamics. Recent interim pacts between India and the US have sparked interest in textile stocks, with some peers rallying up to **20%**. For Welspun, the focus remains on whether it can reclaim its momentum to push back toward its **52-week high** of **₹154.60**. Broader Nifty500 Highlights Other Nifty500 entities have recently appeared on the RSI Trending Up scan, reclaiming the **50** level: * **Tata Investment Corp**: RSI surged to **62.98**, with the stock trading at **₹692.30**. * **Oil India**: Reclaimed bullish territory with an RSI of **53.98** and a price of **₹476.70**. * **Newgen Software**: Showed strong momentum with an RSI of **53.53**, closing at **₹622.90**. The sharp drop in the broader market has dragged the Nifty 50 toward the **25,300** support zone. Analysts suggest that while many stocks have seen their RSI fall toward neutral territory, this often precedes a technical pullback or bargain hunting. Traders are monitoring the **25,600** resistance level closely; a decisive move above this would signal that the bullish momentum seen in individual technical scans is ready to return to the wider market.