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2025-07-08 10:25:06 am | Source: Axis Securities Ltd
Daily Technical Report 08 July 2025 by Axis Securities Ltd
Daily Technical Report 08 July 2025 by Axis Securities Ltd

Nifty closed the last session unchanged at 25,461, remaining flat with no gain or loss. It formed a small bullish candle with wicks on both ends, reflecting heightened intraday volatility and a lack of clear directional conviction.

Meanwhile, Bank Nifty closed at 56,949, down 83 points, forming a classic Doji on the daily chart, signalling indecision among market participants at current levels.

Our trend score analysis indicates a bearish outlook for both Nifty and Bank Nifty.

Please refer to the attached report for comprehensive insights, including pivot levels, key metrics, and a list of gainers and losers.

NIFTY

Daily Pivots

 

BANK NIFTY

Daily Pivots

 

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