Morning Market Insight Report – 30 Mar 2021

Bank Nifty Intraday Outlook

In Friday’s trading session, Bank Nifty gained 0.94%, with PSU and Private Banks gaining 0.80% and 0.83% respectively.

We expect intraday range could be 32,923 to 33,718 with sideways momentum & broader range could be expected between 32,501 to 34,109 zone for this week.

Nifty Intraday Outlook

In Friday’s trading session, opened gap up and then traded almost in a stipulated range as the traders remain undecided of the trend.

We expect intraday range could be 14,312-14,707 with sideways momentum while broader range could be 14,111 to 14,899.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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