Morning Market Insight Report – 19 Mar 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty lost 1.09%, with PSU and Private Banks losing 1.96% and 1.17% respectively.

We expect intraday range could be 33,348 to 34,357 with sideways to negative momentum & broader range could be expected between 33,051 to 34,663 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty continued its downward journey, ahead of new lockdown measures.

We expect intraday range could be 14,302-14,758 with sideways to negative momentum while broader range could be 14,149 to 14,963.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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