Bank Nifty Intraday Outlook
In Friday’s trading session, Bank Nifty gained 0.94%, with PSU and Private Banks gaining 0.80% and 0.83% respectively.
We expect intraday range could be 32,923 to 33,718 with sideways momentum & broader range could be expected between 32,501 to 34,109 zone for this week.
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/BANKNIFTY-16.jpeg?resize=895%2C489)
Nifty Intraday Outlook
In Friday’s trading session, opened gap up and then traded almost in a stipulated range as the traders remain undecided of the trend.
We expect intraday range could be 14,312-14,707 with sideways momentum while broader range could be 14,111 to 14,899.
![](https://i1.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/NIFTY-16.jpeg?resize=895%2C489)
Short and Long term moving averages
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/SMA-8.png?w=895)
Daily market statistics
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/2-26.png?w=895)
Major global & domestic economic events
![](https://i1.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/03/3-26.png?w=895)
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