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The Nifty closed at 23,332, marking a gain of 167 points. Despite the formation of a bullish candle on the daily chart, the index remained confined within the high and low of the previous session, indicating a lack of strength on either side.

Similarly, the Bank Nifty ended the day at 51,348, gaining 521 points. It also formed a bullish candle on the daily chart but remained restricted within the high and low of the prior session, showing a lack of momentum in either direction.

The trend score analysis suggests a cautious outlook for Nifty and Bank Nifty.

Please refer to the attached report for in-depth analysis, including pivot levels, key metrics, and a list of gainers and losers.

Nifty

Daily Pivots

Bank Nifty

Daily Pivots

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