Morning Market Insight Report – 12 May 2021

Bank Nifty Intraday Outlook

The Nifty Bank corrected 270.20 points to close at 32,872.20 on May 11. The important pivot level, which will act as crucial support for the index, is placed at 32,604.5, followed by 32,336.8. On the upside, key resistance levels are placed at 33,147.11 and 33,422.0 levels.

Nifty Intraday Outlook

The market fell for the first time in the last five consecutive sessions with the Nifty50 falling below 14,900 levels, due to selling pressure in private banks, IT, metals and pharma stocks on May 11.

Short and Long term moving averages

Daily market statistics

Daily market statistics

Results Calendar

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