Daily Technical Report 08 July 2025 by Axis Securities Ltd

2025-07-08 10:25:06 am | Source: Axis Securities Ltd

Daily Technical Report 08 July 2025 by Axis Securities Ltd

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #AxisSecuritiesLtd

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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Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

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Daily Technical Report 08 July 2025 by Axis Securities Ltd

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