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2025-10-08 10:00:05 am | Source: Axis Securities Ltd
Daily Technical Report 08th October 2025 by Axis Securities Ltd
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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