Bank Nifty Intraday Outlook
In Thursday’s trading session, Bank Nifty gained 1.66%, with PSU and Private Banks gaining 2.63% and 1.85% respectively.
We expect intraday range could be 33,449 to 34,358 with sideways momentum & broader range could be expected between 33,037 to 34,661 zone for this week.
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/BANKNIFTY.jpeg?resize=895%2C489)
Nifty Intraday Outlook
In Thursday’s trading session, Nifty rallied and closed in green, supported by the positive global cues.
We expect intraday range could be 14,666-15,118 with sideways momentum while broader range could be 14,459 to 15,271.
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/NIFTY.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/2021/04/2.png?w=895)
Major global & domestic economic events
![](https://i2.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/3.png?w=895)
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