NIFTY50 INDIA OUTLOOK FOR SEPTEMBER 9, 2025 ::-
NIFTY50 INDIA OUTLOOK FOR SEPTEMBER 9, 2025
PRICE ACTION FACTOR : NIFTY50 today failed to play above the expected zone of 24880-24900 with volume. In the 2:15 pm Hourly candle it made a high of 24885 and sharp fall of approximately 130 points gone out of hand. Trend line saved today but Below 24750 the Index can go for an expedition to break below 24622.
RSI FACTOR : Closing RSI count for Hourly figure at 54.7. Negative divergence break out failed today again after last Thursday, September 4. Tomorrow will be the result day. Either it will breakout positive above 24900 or breakdown below 24622. Considering all time frame RSI divergences and symmetry/asymmetry in different time frame RSI counts, possibility of BREAKDOWN IS HIGHER THAN BREAKOUT.
VIEW : TOMORROW IS THE D DAY. EITHER BREAK OUT ABOVE 24900 OR BREAK DOWN BELOW 24700 IS INEVITABLE EVENT FOR TOMORROW.

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