Morning Market Insight Report – 31 May 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty Gaining 0.13%, with Private and PSU banks are 0.32% and 0.67%.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty gaining to 0.24%

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 28 May 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty Gaining 1.18%, with Private and PSU banks are 0.85% and 2.85%.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty gaining to 0.24%

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 27 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank underperformed benchmark indices, rising 22.20 points to 34,684.20 on May 26. The important pivot level, which will act as crucial support for the index, is placed at 34,465.16, followed by 34,246.13. On the upside, key resistance levels are placed at 34,900.56 and 35,116.93 levels.

Nifty Intraday Outlook

According to pivot charts, the key support levels for the Nifty are placed at 15,224.37, followed by 15,147.23. If the index moves up, the key resistance levels to watch out for are 15,349.27 and 15,397.03.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 26 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank underperformed benchmark indices, falling 282 points or 0.81 percent to 34,662 on May 25. The important pivot level, which will act as crucial support for the index, is placed at 34,339.63, followed by 34,017.27. On the upside, key resistance levels are placed at 35,055.13 and 35,448.27 levels.

Nifty Intraday Outlook

According to pivot charts, the key support levels for the Nifty are placed at 15,150, followed by 15,091.5. If the index moves up, the key resistance levels to watch out for are 15,280.4 and 15,352.3.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 25 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank outpaced benchmark indices, surging 337 points or 0.97 percent to 34,943.60 on May 24. The important pivot level, which will act as crucial support for the index, is placed at 34,575.91, followed by 34,208.2. On the upside, key resistance levels are placed at 35,263.71 and 35,583.8 levels.

Nifty Intraday Outlook

Nifty formed a small-bodied candle on the daily scale while it has been forming higher high, higher lows for the last two sessions. Now, it has to hold above 15,150 to witness an up move towards 15,300 then the lifetime high of 15,431 while on the downside, support exists at 15,000 and 14,900.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 24 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank outpaced benchmark indices, surging 1,272.35 points or 3.82 percent to 34,606.90 on May 21. The important pivot level, which will act as crucial support for the index, is placed at 33,879.67, followed by 33,152.44. On the upside, key resistance levels are placed at 35,014.27 and 35,421.63 levels.

Nifty Intraday Outlook

The market recouped all its previous two-day losses and marched further to close with nearly 2 percent gains on May 21, backed by all sectors. Banking & financials gained the most.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 21 May 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty lost 1.04%, with Private and PSU banks are –0.99% and 0.36%.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty lost 0.83%

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 20 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank declined 237.20 points to close at 33,685.20 on May 19. The important pivot level, which will act as crucial support for the index, is placed at 33,542.5, followed by 33,399.8. On the upside, key resistance levels are placed at 33,893.61 and 34,102.0 levels. 

Nifty Intraday Outlook

According to pivot charts, the key support levels for the Nifty are placed at 14,981.53, followed by 14,932.87. If the index moves up, the key resistance levels to watch out for are 15,106.13 and 15,182.07.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 18 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank outpaced the benchmark indices, surging 1,289.80 points or 4.01 to 33,459.30 on May 17. The important pivot level, which will act as crucial support for the index, is placed at 32,682.97, followed by 31,906.73. On the upside, key resistance levels are placed at 33,871.17 and 34,283.13 levels.

Nifty Intraday Outlook

The market recouped its previous three-day losses and closed 1.7 percent higher on May 17, aided by banking & financials, auto and metals after falling COVID-19 cases below 3 lakh mark.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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Morning Market Insight Report – 17 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank underperformed the benchmark indices, falling 282.75 points to close at 32,169.55 on May 14. The important pivot level, which will act as crucial support for the index, is placed at 31,982.5, followed by 31,795.4. On the upside, key resistance levels are placed at 32,489.7 and 32,809.8 levels.

Nifty Intraday Outlook

The benchmark indices, after sharp weakness in the previous session, shifted into consolidation mode and closed on a flat note on May 14, but the broader markets witnessed sharp selling pressure with the Nifty Midcap 100 and Smallcap 100 indices falling 1.64 percent and 1.48 percent, respectively.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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