Morning Market Insight Report – 03 December 2021

Bank Nifty Intraday Outlook

 Pattern: downward slopping channel
 Crucial Support Zones: 36400-36200-36096
 Crucial Resistance Zones: 36600-36866-37050
 Comments: Notably, housing finance companies were in focus today as risk-reward in many HFCs became favourable after the recent correc-tion.

Nifty Intraday Outlook

 Pattern: ab = cd formation
 Crucial Support Zones: 17338-17275-17080
 Crucial Resistance Zones: 17550-17639-17700
Comments: Equity benchmarks extended gains for the second consecu-tive session on Thursday and shrugged off tepid global cues.

Pivot Levels

Daily market statistics

Daily market statistics

Disclaimer

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