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Daily Technical Outlook

Nifty ended the last session at 24,768, down 87 points. On the daily chart, it formed a small bullish candle with an upper shadow, reflecting selling pressure and resistance at higher levels.

Bank Nifty settled at 55,962, losing 189 points. It also printed a small bullish candle with an upper shadow, indicating persistent resistance and profit-booking at higher zones.

Our trend score analysis of the Nifty and Bank Nifty suggests a bearish outlook for both benchmarks.

Please find the attached report for detailed market insights, including pivot levels, vital performance metrics, and a summary of the top gainers and losers.

NIFTY

Daily Pivots

BANK NIFTY

Daily Pivots

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