Morning Market Insight Report – 14 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank fell 419.90 points or 1.28 percent to 32,452.30 on May 12. The important pivot level, which will act as crucial support for the index, is placed at 32,287.16, followed by 32,122.03. On the upside, key resistance levels are placed at 32,682.56 and 32,912.83 levels.

Nifty Intraday Outlook

The market extended losses for the second straight day on May 12, dented by weak global cues. Private banks, IT, Metals and select FMCG stocks pulled the indices down.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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