Sensex support and resistance
As of December 29, 2024, the S&P BSE Index closed at 78,699.07, reflecting a 0.29% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: 78,517
Immediate Resistance: 78,962
Short-term Support: 78,336
Short-term Resistance: 79,225
Medium-term Support: 78,073
Medium-term Resistance: 79,407
These levels suggest that if the index declines, it may find support around 78,517, potentially preventing further decreases. Conversely, if the index rises, it may encounter resistance near 78,962, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 49.395, indicating a neutral momentum.
Please note that market conditions can change rapidly. For the most current information, it's advisable to consult real-time data sources or financial advisors.
Technical analysis indicates the following support and resistance levels:
Immediate Support: 78,517
Immediate Resistance: 78,962
Short-term Support: 78,336
Short-term Resistance: 79,225
Medium-term Support: 78,073
Medium-term Resistance: 79,407
These levels suggest that if the index declines, it may find support around 78,517, potentially preventing further decreases. Conversely, if the index rises, it may encounter resistance near 78,962, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 49.395, indicating a neutral momentum.
Please note that market conditions can change rapidly. For the most current information, it's advisable to consult real-time data sources or financial advisors.
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( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
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