Bank Nifty Intraday Outlook
In Friday’s trading session, Bank Nifty lost 4.78%, with PSU and Private Banks losing 3.97% and 4.67% respectively.
We expect intraday range could be 34,258-35,204 with sideways momentum & broader range could be expected between 33,849 to 35,616 zone for this week.
Nifty Intraday Outlook
In Friday’s trading session, Nifty experienced a bloodbath due to high selling pressure in overbought markets and also weighed by higher US bond yields.
We expect intraday range could be 14,254-14,729 with sideways momentum while broader range could be 14,048 to 14,931.
Short and Long term moving averages
Daily market statistics
Major global & domestic economic events
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