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2025-10-24 10:06:54 am | Source: Axis Securities Ltd
Daily Technical Report 24th October 2025 by Axis Securities Ltd
Daily Technical Report 24th October 2025 by Axis Securities Ltd

Daily Technical Outlook

Nifty gained 25 points in the Muhurat Trading session and closed at 25,869. On the daily chart, the index formed a small bullish candle with shadows on both ends, reflecting lacklustre momentum and indecision among market participants during the session.

Meanwhile, Bank Nifty ended at 58,007, slipping 26 points. The index also formed a small bullish candle with upper and lower shadows, indicating indecisiveness and muted participation on the trading day.

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

Nifty

 

Daily Pivots

 

Bank Nifty

Daily Pivots

 

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