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BANKNIFTY FUT – Elliott Wave Outlook For October 2025

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Free nse banknifty chart calls

Free nse banknifty chart calls

NSE BANKNIFTY FUT has broken out a crucial resistance level of wave (B) at 56,247. Along the wave ave (B), the horizontal resistance line has also broken out. If price sustains above 56,247, traders can look for the following targets: 56735 – 57014 – 57350.

To make an all-time high, 57,410 is the last resistance and a strong supply zone where sellers are more comfortable selling. Otherwise, we would see the price fall inside the channel up to 55,060. There is no truncation in wave 5 of wave (C) on the spot chart.

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