Bank Nifty Intraday Outlook
In Tuesday’s trading session, Bank Nifty rose 3.56%, with PSU Banks gaining 3.47% and Private Banks gaining 3.04%.
We expect intraday range could be 33,672-34,966 with sideways to negative momentum & broader range could be expected between 33,368 to 35,254 zone for this week.
Nifty Intraday Outlook
In yesterday’s trading session, Nifty closed in green for second consecutive trading session, after a bold budget presented by the Finance Minister.
Investors are now optimistic that the Indian economy will now revive after the stimulus infused by the government.
We expect intraday range could be 14,351-14,943 with sideways to negative momentum while broader range could be 14,199 to 15,098.
Short and Long term moving averages
Daily Market Statistics
Major global & domestic economic events
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