📍 Current Price Action
Sensex is currently trading around 81,577.
Day’s low is near 81,216 and high is near 81,589.
The index is consolidating near recent highs.
⚖️ Key Levels
Immediate Resistance: 81,600 – 81,850
Next Resistance: 82,000 – 82,200
Immediate Support: 81,200 – 81,000
Strong Support: 80,800 – 80,500
📊 Indicators
Moving Averages: Short-, medium-, and long-term averages are in bullish alignment → trend remains positive.
RSI (14-day): Around 60–62 → shows bullish momentum, not in overbought zone.
MACD: Positive, confirming bullish bias.
📈 Outlook
As long as Sensex holds above 81,000, the bias stays bullish.
A breakout above 81,850 – 82,000 can open upside toward 82,500+.
If it slips below 81,000, a pullback toward 80,800 – 80,500 is possible.
Sensex is currently trading around 81,577.
Day’s low is near 81,216 and high is near 81,589.
The index is consolidating near recent highs.
⚖️ Key Levels
Immediate Resistance: 81,600 – 81,850
Next Resistance: 82,000 – 82,200
Immediate Support: 81,200 – 81,000
Strong Support: 80,800 – 80,500
📊 Indicators
Moving Averages: Short-, medium-, and long-term averages are in bullish alignment → trend remains positive.
RSI (14-day): Around 60–62 → shows bullish momentum, not in overbought zone.
MACD: Positive, confirming bullish bias.
📈 Outlook
As long as Sensex holds above 81,000, the bias stays bullish.
A breakout above 81,850 – 82,000 can open upside toward 82,500+.
If it slips below 81,000, a pullback toward 80,800 – 80,500 is possible.
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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.
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.