NIFTY50 INDIA OUTLOOK FOR SEP 5 , 2025 ::-


NIFTY50 opened gap up but unable to close above 24830 - 850 level. Two factors worked simultaneously for the Bears. One PURPLE angular resistance/support level and existing negative RSI divergence, starting from 18 Aug, 2025.

When such failures plays in market, we normally see deeper continuation of that fail. Trending upmove can come only above 24830 - 880 levels with higher volume and longer time spent above the level.

VIEW :: BEARISH CONTINUATION BELOW 24700. BULLISH ONLY ABOVE 24830-880 LEVELS.

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