Morning Market Insight Report – 24 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank outpaced benchmark indices, surging 1,272.35 points or 3.82 percent to 34,606.90 on May 21. The important pivot level, which will act as crucial support for the index, is placed at 33,879.67, followed by 33,152.44. On the upside, key resistance levels are placed at 35,014.27 and 35,421.63 levels.

Nifty Intraday Outlook

The market recouped all its previous two-day losses and marched further to close with nearly 2 percent gains on May 21, backed by all sectors. Banking & financials gained the most.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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