Daily Technical Report 03rd December 2025 by Axis Securities Ltd
Nifty closed at 26,032, declining 144 points. On the daily chart, the index formed a small bearish candle with wicks on both ends, reflecting hesitation and indecision among market participants.
Bank Nifty settled at 59,274, down 408 points. The daily candle reflects a bearish structure with a prominent upper shadow, signalling selling pressure and clear resistance at higher levels.
Our trend score analysis indicates a mildly bearish outlook for Nifty, while Bank Nifty maintains a mildly bullish stance.
Please refer to the attached document, which contains market highlights, pivot levels, key metrics, and a list of top movers.
NIFTY

Daily Pivots


BANK NIFTY

Daily Pivots


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