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.
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/BANKNIFTY-4.jpeg?resize=895%2C489)
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.
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/BANKNIFTY-4.jpeg?resize=895%2C489)
Short and Long term moving averages
![](https://i1.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/SMA.png?w=895)
Daily market statistics
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/2-5.png?w=895)
Major global & domestic economic events
![](https://i0.wp.com/www.beelinebroking.com/blog/wp-content/uploads/2021/04/3-5.png?w=895)
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