Morning Market Insight Report – 23 Feb 2021

Bank Nifty Intraday Outlook

In Monday’s trading session, Bank Nifty lost 1.63%, with PSU and Private Banks losing 2.65% and 1.75% respectively.

We expect intraday range could be 34,709-35,757 with sideways to negative momentum & broader range could be expected between 34,413 to 36,054 zone for this week.

Nifty Intraday Outlook

In Monday’s trading session, Nifty lost 300+ points on the fears of another wave of lockdown in some states of the country.

We expect intraday range could be 14,401-14,896 with sideways to negative momentum while broader range could be 14,259 to 15,042.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

Results Calendar

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