SENSEX 1D Timeframe✅ Key Index Data:
Current Level: ~82,200 (as of early afternoon)
Opening: Around 82,780
Day’s High: 82,784
Day’s Low: 82,047
Previous Close: 82,726
Intraday Change: Down ~520 points (–0.63%)
🔍 Market Behavior (1-Day Time Frame)
Opening Session: The Sensex opened flat but slightly negative, quickly slipping below 82,600 as traders booked profits from recent highs.
Mid-Morning Session: The index continued to slide, breaching key support levels near 82,200–82,100.
Support Zone Tested: Sensex touched a low of around 82,047 before bouncing slightly.
Volatility: The index remained volatile due to global weakness and profit-booking in large-cap stocks.
🧠 Technical Insight (1-Day Chart Perspective)
Level Type Range (approx.)
Resistance 82,700 – 82,800
Support 82,000 – 82,050
Trend Bias Weak / Bearish
RSI (1D est.) Around 45–50 (neutral-to-weak zone)
Market Mood Cautious to bearish
📉 What’s Causing the Decline Today?
Weak IT and Banking Stocks: Both sectors are under pressure due to poor Q1 guidance and weak global cues.
Profit Booking: Investors are trimming positions after recent highs, leading to broad-based selling.
Global Uncertainty: Mixed international signals and concerns over trade policies are affecting sentiment.
Lack of Strong Domestic Triggers: No major positive domestic news to support buying.
🎯 What to Watch Next
Short-Term Trend: Watch if Sensex can hold above 82,000. If broken, more downside toward 81,800–81,500 is possible.
Upside Resistance: If recovery comes, resistance will be strong near 82,700–82,800.
Sector Focus: Banks, IT, and auto are likely to drive further movement.
