Morning Market Insight Report – 25 Jan 2021

Technical Outlook

Bank Nifty Intraday Outlook

In Friday’s trading session, Bank Nifty nose dived 3.5%. PSU Banks and Private banks lost 3.1% 3.4% respectively.

We expect intraday range could be 30,367-31,743 with sideways to positive momentum & broader range could be expected between 29,984 to 32,178 zone for this week

Nifty Intraday Outlook

In Friday’s trading session, Nifty closed in red, after a highly volatile trading session as the investors booked their profits ahead of a long weekend.

The equity markets are expected to tumble in today’s trading session

We expect intraday range could be 14,072-14,646 with sideways to positive momentum while broader range could be 18,873 to 14,851.

Daily Market Statistics

Major Global and Domestic Economic Events

Results Calendar

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