Sensex index :-
As of April 28, 2025, the BSE Sensex is exhibiting a neutral to slightly bearish short-term trend. Technical indicators suggest that the index is trading within a defined range, with key support and resistance levels to watch for intraday trading.
📉 Support Levels
Immediate Support: Approximately 75,847
Secondary Support: Around 75,555
Tertiary Support: Near 75,096
These levels are derived from pivot point calculations based on the previous day's trading range. A breach below these supports could indicate further downside potential.
📈 Resistance Levels
Immediate Resistance: Approximately 77,349
Secondary Resistance: Around 77,057
Tertiary Resistance: Near 76,765
These resistance levels are also based on pivot point analysis. A breakout above these levels could signal a potential upward movement.
🔄 Market Sentiment
The current market sentiment is influenced by a reversal formation and a shooting star candlestick pattern observed in recent trading sessions. This indicates indecision among traders, with potential for both upward and downward movements.
As of April 28, 2025, the BSE Sensex is exhibiting a neutral to slightly bearish short-term trend. Technical indicators suggest that the index is trading within a defined range, with key support and resistance levels to watch for intraday trading.
📉 Support Levels
Immediate Support: Approximately 75,847
Secondary Support: Around 75,555
Tertiary Support: Near 75,096
These levels are derived from pivot point calculations based on the previous day's trading range. A breach below these supports could indicate further downside potential.
📈 Resistance Levels
Immediate Resistance: Approximately 77,349
Secondary Resistance: Around 77,057
Tertiary Resistance: Near 76,765
These resistance levels are also based on pivot point analysis. A breakout above these levels could signal a potential upward movement.
🔄 Market Sentiment
The current market sentiment is influenced by a reversal formation and a shooting star candlestick pattern observed in recent trading sessions. This indicates indecision among traders, with potential for both upward and downward movements.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.