Daily Technical Outlook 22 May 2025 by Axis Securities Ltd

2025-05-22 10:23:48 am | Source: Axis Securities Ltd

Daily Technical Outlook 22 May 2025 by Axis Securities Ltd

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #AxisSecuritiesLtd

Nifty closed the previous session at 24,813, gaining 130 points. On the daily chart, it formed a small bullish candle with an upper shadow, indicating selling pressure and resistance at higher levels.

Meanwhile, Bank Nifty ended at 55,075, up 198 points. The index formed a Doji candlestick, signalling market indecision and a potential pause in momentum as participants await clearer cues.

Trend score analysis suggests a neutral outlook for the Nifty, while the Bank Nifty reflects a mild bullish bias.

Please refer to the attached report for deeper insights, including pivot levels, key metrics, and a list of gainers and losers.

NIFTY

Daily Pivots

BANK NIFTY

Daily Pivots

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Daily Technical Outlook 22 May 2025 by Axis Securities Ltd

Top News

Tag News

More News