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Nifty ended the prior session at 24,574, declining by 75 points. On the daily chart, it formed a bearish candle with a lower high-low structure and closed below the previous session’s low, signalling mounting downside pressure.

Meanwhile, the Bank Nifty settled at 55,411, up 51 points. The index printed a small bullish candle with shadows on both ends, reflecting high intraday volatility and market indecision over near-term direction.

Our trend score analysis of the Nifty and Bank Nifty suggests a bearish outlook for both benchmarks.

Please refer to the attached report for market highlights, pivot levels, key metrics, and a list of top movers.

NIFTY

Daily Pivots

BANK NIFTY

Daily Pivots

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