Daily Technical Report 11 July 2025 by Axis Securities Ltd

2025-07-11 10:23:35 am | Source: Axis Securities Ltd

Daily Technical Report 11 July 2025 by Axis Securities Ltd

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

Nifty closed at 25,355, down 121 points, forming a sizable bearish candle on the daily chart. The price action marked a lower high–low and closed below the previous session’s low, signalling a potential extension of weakness in the near term.

Bank Nifty ended at 56,956, slipping 258 points, and formed a bearish engulfing pattern on the daily chart after facing strong resistance. This suggests profit booking at higher levels and a possible short-term reversal.

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

For comprehensive insights, please refer to the attached report, which includes pivot levels, key metrics, and a list of top 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 11 July 2025 by Axis Securities Ltd

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