INDIA NIFTY & BANKNIFTY OUTLOOK FOR 29/08/2025 ::-

 INDIA NIFTY & BANKNIFTY OUTLOOK FOR 29/08/2025  ::-




In Daily time frame RSI of Nifty and BankNifty respectively are 40.7 and 28.5. 

NiftyBank more weaker than Nifty. NiftyBank also closed below a long term support range 54500 - 53900. Coming days this range will play as big hurdle.

Nifty also likely to strike it's longer term support range between 24200 - 23900. 

Current supports along with resistance readily available in the attached Hourly charts of the Indices above.

VIEW :: BEARISH CONTINUOUS.

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