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2025-11-04 12:29:56 pm | Source: Axis Solutions Ltd
Daily Technical Report 04th November 2025 by Axis Securities Ltd
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

 

 

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