BANKNIFTY INDIA OUTLOOK FOR 7TH OCTOBER, 2025 ::-

 BANKNIFTY INDIA OUTLOOK FOR 7TH OCTOBER, 2025


BANKNIFTY HOURLY CHART


PRICE ACTION FACTOR : BANKNIFTY on Monday spent rest of the day, after 12.30 pm under 56127 level. 56127 to 56325 these 200 point will be the game changer level for the current swing. This index can carry it's upswing only breaking above 56325.

PCR COUNT : 0.77.

RSI FACTOR : RSI Count for D, 3H & 1H Charts respectively are 63.4, 74.2 and 74.7. A WEAK BULLISH CONTINUATION SPREAD. 

VIEW & TRADE PLAN :: WITH WEAK BULLISH CONTINUATION SPREAD INDEX HAS TO CLEAR 56325. ABOVE 56127 IT CAN HIT 56325, 56634 AND 56898.

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