Bank Nifty Intraday Outlook
In yesterday’s trading session, Bank Nifty lost 1.65%, with PSU and Private Banks losing 3.77% and 1.54% respectively.
We expect intraday range could be 33,677 to 34,629 with sideways to negative momentum & broader range could be expected between 33,362 to 34,933 zone for this week.
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/BANKNIFTY-10.jpeg?resize=895%2C489)
Nifty Intraday Outlook
In yesterday’s trading session, Nifty witnessed steep fall with India Vix high at 20.22, ahead of the meeting outcome regarding COVID-19.
We expect intraday range could be 14,496-14,911 with sideways to negative momentum while broader range could be 14,327 to 15,113.
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/NIFTY-10.jpeg?resize=895%2C489)
Short and Long term moving averages
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/sma-7.png?w=895)
Daily market statistics
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/2-19.png?w=895)
Major global & domestic economic events
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/3-20.png?w=895)
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