BANKNIFTY INDIA OUTLOOK FOR 10 TH OCTOBER, 2025 ::-

 BANKNIFTY INDIA OUTLOOK FOR 10 TH OCTOBER, 2025

BANKNIFTY HOURLY CHART


PRICE ACTION FACTOR : BANKNIFTY on 9th October also not succeeded to close above 56325. Bullish trending move will come only closing above the level. And below 55830 trending down move can be expected.

PCR COUNT : 0.89.

RSI FACTOR : RSI Counts for D, 3H & 1H Charts respectively are 62.8, 64.6 and 56.7. A MILD BULLISH SPREAD.

VIEW & TRADE PLAN ::  WITH MILD BULLISH RSI SPREAD A RANGE BOUND TRADE EXPECTED BETWEEN 56325 AND 55830. BREAK OF EITHER SIDE CAN GIVE 400-500 POINTS MOVE.

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