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

#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse

Disclaimer: http://bit.ly/2uLiAVH