SENSEX 1 Week View

📉 Weekly Technical Overview (as of Sep 26, 2025)

Current Level: Approximately 80,782.73 points

Weekly Decline: ~2,000 points, reflecting a drop of about 2.35%

Technical Indicators:

Relative Strength Index (RSI): The RSI is currently in the oversold zone, indicating potential for a short-term rebound if buying interest returns

Moving Averages: Technical analysis suggests a bearish trend, with moving averages signaling a "strong sell" outlook

Pivot Points: Key support and resistance levels are being closely monitored to gauge potential reversal points

🔍 Key Support and Resistance Levels

Support Levels: Approximately 80,000–80,300 points

Resistance Levels: Around 81,500–82,000 points

These levels are crucial for determining the market's short-term direction. A break below support may indicate further downside, while a move above resistance could signal a potential recovery.

📈 Outlook

While the short-term technical indicators suggest a bearish trend, the oversold conditions and key support levels imply that the market may be due for a corrective bounce. However, the ongoing geopolitical tensions and trade-related uncertainties could continue to exert downward pressure on the index.

Investors are advised to monitor the upcoming trading sessions closely, as a decisive move above or below the established support and resistance levels could provide clearer signals for the next phase of market movement.