NIFTY50 INDIA OUTLOOK FOR OCTOBER 1, 2025 ::-
NIFTY50 INDIA OUTLOOK FOR OCTOBER 1, 2025
NIFTY HOURLY CHART
PRICE ACTION FACTOR : NIFTY50 On 30 Sep in Daily chart formed LONG BLACK CANDLE and closed below last day's close. In Hourly time frame A CLEAR FALLING WEDGE under play. If this wedge come into action then quick price reversal can take place. Breaking 24646 upside, momentum can continue towards 24748 and 24800.
PCR COUNT : 0.96.
RSI FACTOR : RSI Counts for D, 3H & 1H Charts are respectively 38.1, 27.9 and 36.9. A SYNCHRONIZED CONSOLIDATION SPREAD.
VIEW & TRADE PLAN :: ABOVE 24646 FALLING WEDGE ACTION CAN TAKE PRICE TOWARDS 24748 AND 24800.

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