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Nifty closed at 22509, gaining 112 points in the previous session. A small bullish candlestick with an upper shadow has formed on the daily chart, signalling selling pressure and resistance near the 20-SMA (Simple Moving Average).

Meanwhile, the Bank Nifty ended at 48354, up 294 points. The daily chart depicts a small bullish candlestick with an upper shadow, reflecting selling pressure and resistance at higher levels.

The trend score analysis suggests a bullish outlook for the Nifty , while Bank Nifty reflects a cautious bearish stance.

Kindly refer to the attached report for a more detailed analysis, which includes pivot levels, key metrics, and the list of gainers and losers.

Nifty

Daily Pivots

Bank Nifty

Daily Pivots

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