Daily Technical Report 29th December 2025 by Axis Securities Ltd
Nifty closed at 26,042 on Friday, ending the session with a loss of 100 points. On the daily chart, the index formed a bearish candlestick, indicating profit booking at higher levels, while finding support near the 20-day SMA.
Bank Nifty settled at 59,011, down 172 points. The index printed a small bearish candlestick with shadows on both sides, reflecting indecision among market participants at current levels.
Our trend score analysis of the Nifty and Bank Nifty suggests a mild bearish outlook for both benchmarks.
Kindly refer to the attached report for deeper insights, including pivot levels, key metrics, and top gainers and losers.
NIFTY
Daily Pivots
BANK NIFTY
Daily Pivots
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