Daily Technical Report 08th October 2025 by Axis Securities Ltd
Nifty closed at 25,108, up 31 points. On the daily chart, the index formed a small bullish candle with an upper shadow, signalling selling pressure and resistance at higher levels.
Bank Nifty ended at 56,239, gaining 135 points. The daily chart shows a small bullish candle with wicks on both ends, reflecting heightened volatility and indecision among market participants.
Our trend score analysis of the Nifty and Bank Nifty suggests a bullish outlook for both benchmarks.
Please review the attached market summary with detailed insights into pivot levels, key metrics, and top movers.
NIFTY

Daily Pivots


Bank Nifty

Daily Pivots


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