Daily Technical Outlook by Axis Securities Ltd

2025-03-27 10:45:17 am | Source: Axis Securities Ltd

Daily Technical Outlook by Axis Securities Ltd

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

Daily Technical Outlook

The Nifty ended the previous session at 23,487, down 182 points, as selling pressure intensified. The daily chart depicts a strong bearish candle with a lower high-low formation, closing below the prior session’s low—a clear signal of continued weakness.

Similarly, Bank Nifty settled at 51,209, declining 399 points as bearish momentum grew. The index formed a sizeable bearish candle with a lower high-low structure, signaling further profit booking and downside pressure.

Nifty

Daily Pivots

Bank Nifty

Daily Pivots

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Daily Technical Outlook by Axis Securities Ltd

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