BANKNIFTY INDIA OUTLOOK FOR SEPTEMBER 8 , 2025 ::-

 BANKNIFTY INDIA OUTLOOK FOR SEPTEMBER 8 , 2025  ::-



BANKNIFTY DAILY CHART



BANKNIFTY HOURLY CHART

PRICE ACTION FACTOR : This Index formed lower high (LH) in Hourly time frame and Hanging Man in Daily time frame. Last Friday price had bounced from Positive RSI divergence line but unable even to break day high.

RSI  FACTOR : RSI count for Daily and Hourly charts are 37.9 under 50 (forming Hanging Man with Long and Short appeared negative price divergences) and 54.1 respectively. 

View : Index is weaker than Nifty. Price will print positive steps only above 54480 and Negative move breaking below 53890.

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