2025-04-15 10:30:53 am | Source: Axis Securities Ltd
Daily Technical Outlook by Axis Securities Ltd
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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