Daily Technical Report 04th December 2025 by Axis Securities Ltd
Nifty ended the previous session at 25,986, slipping 46 points. On the daily chart, it printed a small bearish candle with wicks on both sides, reflecting heightened indecision and a lack of directional conviction among participants.
Meanwhile, Bank Nifty gained 74 points and closed at 59,348. The index formed a bullish candle with a pronounced lower shadow, signalling firm buying interest emerging at lower levels and reinforcing underlying support near the 20-day SMA.
Our trend score analysis of the Nifty and Bank Nifty suggests a bearish outlook for both benchmarks.
Please review the attached report for insights on pivot levels, performance indicators, and a list of top market gainers and losers .
NIFTY
Daily Pivots
BANK NIFTY
Daily Pivots
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