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2025-11-20 10:02:18 am | Source: Axis Securities Ltd
Daily Technical Report 20th November 2025 by Axis Securities Ltd
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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