BANKNIFTY INDIA OUTLOOK FOR SEPTEMBER 24, 2025 ::-

BANKNIFTY INDIA OUTLOOK FOR SEPTEMBER 24, 2025

BANKNIFTY HOURLY CHART

PRICE ACTION FACTOR : BankNifty yesterday in Daily time frame created a LONG WHITE CANDLE which is engulfing whole negative body of Monday's candle. Some hope is appearing in the index.

RSI FACTOR : RSI Counts for D, 3H and 1H charts respectively are 57.6, 63.2 & 56.9. This is a BULLISH CONSOLIDATION spread.

VIEW & TRADE PLAN :: 55555 WILL PLAY PIVOTAL ROLE TODAY WITH KEEPING RESISTANCE AT 55829 AND SUPPORT AT 55215. BREAKING EITHER SIDE WILL PRODUCE 500+ POINTS FOLLOW UP MOVE.
 

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