BANKNIFTY INDIA OUTLOOK FOR SEP 16, 2025 ::-


 BANKNIFTY HOURLY CHART

PRICE ACTION FACTOR : Monday it tried to cover 54950 but failed to sustain above the resistance. But closed above purple trend line.

RSI FACTOR : RSI count for D, 3H, 1H AND 15Mins respectively are 51, 61.7, 61.4 and 44.1. Breakout from negative RSI divergence failed near the overbought zone in Hourly time frame.

VIEW : BULLISH ACTIVITY  WILL COME ONLY ABOVE 54950 AND BEARISH BELOW 54800.

Comments

Popular posts from this blog

Why Mediclaim Is Important in India: Benefits, Coverage & Buying Guide (2026)

Long-Term Impact of Microgreens on Child Development: A 15-Year Comparative Study

The Next Digital Frontier: A Deep Dive into India's Data Center Stocks for Long-Term Value