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2025-08-20 10:23:54 am | Source: Axis Securities Ltd
Daily Technical Report 20th Aug 2025 by Axis Securities Ltd
Daily Technical Report 20th Aug 2025 by Axis Securities Ltd

Nifty closed at 24,981, with a gain of 104 points. On the daily chart, a bullish candle has formed; however, the index remained confined within the previous session's high-low range, indicating a lack of strength on either side.

Meanwhile, the Bank Nifty closed at 55,865, up 130 points, forming a bullish candle with a lower high-low compared to the previous session, which indicates a lack of strength.

Our trend score analysis of the Nifty and Bank Nifty suggests a bullish outlook for both benchmarks.

Please refer to the attached report containing market highlights, pivot levels, key metrics, and a list of top movers.

Nifty

Daily Pivots

Bank Nifty

Daily Pivots

 

 

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