Morning Market Insight Report – 25 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank outpaced benchmark indices, surging 337 points or 0.97 percent to 34,943.60 on May 24. The important pivot level, which will act as crucial support for the index, is placed at 34,575.91, followed by 34,208.2. On the upside, key resistance levels are placed at 35,263.71 and 35,583.8 levels.

Nifty Intraday Outlook

Nifty formed a small-bodied candle on the daily scale while it has been forming higher high, higher lows for the last two sessions. Now, it has to hold above 15,150 to witness an up move towards 15,300 then the lifetime high of 15,431 while on the downside, support exists at 15,000 and 14,900.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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