Daily Technical Report 20th November 2025 by Axis Securities Ltd
Nifty closed at 26,053, up 143 points, forming a bullish candle on the daily chart. The index has decisively moved above the short-term downward sloping trendline from 23rd October and surpassed the highs of the last two sessions, indicating strengthening momentum.
Bank Nifty ended at 59,216 with a gain of 317 points. The index printed a bullish candle with a lower shadow—highlighting strong buying support at lower levels and reinforcing the positive undertone.
Our trend score analysis of the Nifty and Bank Nifty suggests a bullish outlook for both benchmarks.
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


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