Bank Nifty Intraday Outlook
In yesterday’s trading session, Bank Nifty lost 5.10%, with PSU and Private Banks losing 9.26% and 5.23% respectively.
We expect intraday range could be 30,239 to 31,192 with sideways momentum & broader range could be expected between 29,888 to 31,503 zone for this week.
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/BANKNIFTY-6.jpeg?resize=895%2C489)
Nifty Intraday Outlook
In yesterday’s trading session, Nifty lost more than 500 points, due to rising bond yields, rising dollar and covid concerns.
We expect intraday range could be 14,058-14,511 with sideways momentum while broader range could be 13,883 to 14,667.
![](https://i1.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/NIFTY-6.jpeg?resize=895%2C489)
Short and Long term moving averages
![](https://i1.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/SMA.png?w=895)
Daily market statistics
![](https://i1.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/2-7.png?w=895)
Major global & domestic economic events
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/3-7.png?w=895)
Results Calendar
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/4-1.png?w=895)
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