Morning Market Insight Report – 9 Apr 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty lost 0.63%, with PSU and Private Banks losing 0.85% and 0.63% respectively.

We expect intraday range could be 32,321 to 33,239 with sideways momentum & broader range could be expected between 32,041 to 33,547 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty traded volatile, due to COVID-19 fears and after the US dollar increased tremendously.

We expect intraday range could be 14,666-15,073 with sideways momentum while broader range could be 14,513 to 15,229.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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