NIFTY50 INDIA OUTLOOK FOR SEP 10, 2025 ::-

: NIFTY50 INDIA OUTLOOK FOR SEP 10, 2025 :


PRICE ACTION FACTOR : NIFTY50 yesterday given huge effort to cover 24880-24900, but ultimately failed. Last 3-4 days price candles evolve into a RISING WEDGE pattern. Break below 24751 will pull down price lower and for Up side, momentum will come only crossing 24970 with volume and longer time span.

RSI FACTOR : Closing RSI count in Hourly chart is 66.7. Chances is higher to touch 70 zone above 60. Momentum to continue for upside it requires spending of time above 70 zone with price above 24970.

VIEW : PRICE WILL RESUME IT'S TRENDING MOVE EITHER ABOVE 24970 TO POSITIVE OR BELOW 24700 TO THE NEGATIVE.

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