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2025-03-20 10:30:21 am | Source: Axis Securities Ltd
Daily Technical Outlook by Axis Securities Ltd
Daily Technical Outlook by Axis Securities Ltd

Daily Technical Outlook

Nifty closed at 22,908 in the yesterday’s session, gaining 73 points. On the daily chart, a small bullish candle with shadows on both sides has formed, indicating indecision as the index approaches the upper band of the falling channel from its all-time high.

The Bank Nifty settled at 49,703, up 388 points, forming a bullish candle with a higher high-low structure, reinforcing a positive bias.

Nifty

Daily Pivots

 

Bank Nifty

Daily Pivots

 

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