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2025-12-03 10:19:09 am | Source: Axis Securities Ltd
Daily Technical Report 03rd December 2025 by Axis Securities Ltd
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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