NIFTY50 INDIA OUTLOOK FOR 8 TH OCTOBER, 2025 ::-

 NIFTY50 INDIA OUTLOOK FOR 8 TH OCTOBER, 2025

NIFTY HOURLY CHART

PRICE ACTION FACTOR : NIFTY50 shown it's power of 25152 to create a REVERSAL pattern through a BEARISH SHOOTING STAR in Daily chart. This point will act as stop loss for short positions created newly.

PCR COUNT : 0.92.

RSI FACTOR : RSI Counts for D, 3H & 1H Charts respectively are 56.2, 62.8 and 61.2. This is a MILD BULLISH SPREAD. Way above, 25152 will act as STRONG RESISTANCE.

VIEW & TRADE PLAN :: WITH MILD BULLISH RSI SPREAD TODAY UPWARD PRICE MOVEMENT WILL FACE RESISTANCE AT 25152. BREAK OF 25070 WITH VOLUME CAN DRAG NIFTY TOWARDS 25037, 25013 AND 24983.

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