BANKNIFTY INDIA OUTLOOK FOR SEPTEMBER 29, 2025 ::-

BANKNIFTY INDIA OUTLOOK FOR SEPTEMBER 29, 2025


BANKNIFTY HOURLY CHART


PRICE ACTION FACTOR : BANKNIFTY On 26bth September closed within key support zone and below 54480. In the month of August end and starting of September this zone had been tested and price bounced back.

RSI FACTOR : RSI Counts for D, 3H and 1H charts respectively are 40.9, 29.9 and 25. A synchronized BEARISH CONTINUATION spread. Index will remain weak Intraday.

VIEW & TRADE PLAN:: WITH BEARISH CONTINUATION SPREAD BELOW 54480 WE CAN SEE 54125 AND 53891 WHERE 54704 WILL ACT AS STIFF RESISTANCE FOR THE DAY.

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