Daily Technical Outlook by Axis Securities Ltd

2025-04-15 10:30:53 am | Source: Axis Securities Ltd

Daily Technical Outlook by Axis Securities Ltd

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

Daily Technical Outlook

On Friday, the Nifty closed at 22,829, gaining 429 points. A small bullish candle with an upper shadow has formed on the daily chart, highlighting selling pressure and resistance near the upper band of the bearish gap zone between 22,857 and 21,744.

Similarly, Bank Nifty ended at 51,002, up by 762 points. The index formed a small bullish candle with an upper shadow, signaling overhead resistance near its 200-day SMA at 51,012.

Nifty

Daily Pivots

Bank Nifty

Daily Pivots

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Daily Technical Outlook by Axis Securities Ltd

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