Daily Technical Report 16th October 2025 by Axis Securities Ltd

2025-10-16 10:14:29 am | Source: Axis Securities Ltd

Daily Technical Report 16th October 2025 by Axis Securities Ltd

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

Nifty ended the previous session at 25,324, gaining 178 points. On the daily chart, it formed a bullish candle with a higher high-low structure, reflecting a positive undertone.

Bank Nifty settled at 56,800, up 303 points. The daily chart shows a bullish candle with an upper shadow, highlighting selling pressure and resistance emerging at higher levels.

Our trend score analysis of the Nifty and Bank Nifty indicates a bullish outlook for the benchmark indices.

Please review the attached report for insights on pivot levels, performance indicators, and a list of top market gainers and losers.

Nifty

Daily Pivots

Bank Nifty

Daily Pivots

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633

To Read The Complete Report & Disclaimer - Click Here

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

IGI Logo

Daily Technical Report 16th October 2025 by Axis Securities Ltd

Top News

Tag News

More News