Morning Market Insight Report – 26 Mar 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty lost 0.86%, with PSU and Private Banks losing 2.58% and 0.78% respectively.

We expect intraday range could be 32,501 to 33,406 with sideways momentum & broader range could be expected between 31,997 to 33,716 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty witnessed a highly volatile session, with India VIX touching 22.7 during the session.

We expect intraday range could be 14,071-14,524 with sideways momentum while broader range could be 13,819 to 14,732.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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