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Nifty closed at 24,681, losing 156 points in the previous session. On the daily chart, it formed a bearish candle with an upper shadow, reflecting selling pressure and resistance at higher levels.

Bank Nifty settled at 56,085, down 444 points, forming a small bearish candle with a long upper shadow, which indicates persistent selling pressure and strong resistance at higher zones.

Our trend score analysis indicates a bearish sentiment for both the Nifty and Bank Nifty indices.

Please refer to the attached report for detailed insights, including pivot levels, key metrics, and top gainers and losers.

NIFTY

Daily Pivots

BANK NIFTY

Daily Pivots

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