BANKNIFTY INDIA OUTLOOK FOR SEP 10, 2025 ::-
: BANKNIFTY INDIA OUTLOOK FOR SEP 10, 2025 :
PRICE ACTION FACTOR : BANKNIFTY yesterday tried again to break above 54480 but ultimately failed. Here last 8-9 days price candles formed a RISING WEDGE below 54480 level.
RSI FACTOR : Closing RSI count in Hourly chart stands at 55.4. Bullish RSI Divergence line still not broken into downside.
VIEW : INDEX STUCK IN A RANGE BETWEEN 54480 UPSIDE TO 53890 DOWNSIDE. ONLY BREAK OF EITHER SIDE CAN GIVE A CLEAR DIRECTIONAL MOVE.

Comments
Post a Comment