Daily Technical Report 04th November 2025 by Axis Securities Ltd
                            Nifty closed at 25,763, gaining 41 points in the previous session. On the daily chart, it formed a small bullish candle with shadows on both sides, reflecting indecision among market participants regarding the near-term direction.
Bank Nifty ended at 58,101, up 325 points. The index formed a bullish candle but remained confined within the previous session’s high–low range, highlighting a lack of follow-through momentum on either side.
Our trend score analysis of the Nifty and Bank Nifty suggests a bullish outlook for both benchmarks.
Please review the enclosed market report for a comprehensive overview, including a breakdown of pivot levels, key metrics, and the session's top gainers and decliners.
Nifty

Daily Pivots


Bank Nifty

Daily Pivots


For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        Tag News
                    The Index can short below 25600 for the potential target of 25500 with stop loss 25670 of le...
                                        
                                        
                                        
        