SENSEX | Weekly Expiry | 15 Min Chart AnalysisThe BSE SENSEX 15m chart indicates a cautious outlook, with price action suggesting a potential downtrend in the short term. The market is currently closed, so these observations are based on the last completed session (2026-07-15).
🟣 Bottom line
Cautious bias: Sensex is in a short-term downtrend, trading below key moving averages with neutral-negative momentum.
🟣 Structure & trend
* The price is currently below both the 15m SMA20 (76,833.7) and SMA50 (77,175.8), indicating a bearish short-term trend.
* Price action shows a pattern of lower highs and lower lows, confirming a downtrend structure on this timeframe.
* RSI14 is at 43.8, which is in the neutral-negative zone, supporting the cautious view.
🟣 Key levels
* Nearest support is observed around 76,787.9, followed by 76,623.4.
* Nearest resistance is at 76,976.4, with the next level at 77,190.4.
The recent 15m window range has been between 76,082.5 and 77,803.2.
🟣 What to watch
* A sustained move and close above the nearest resistance of 76,976.4 would be required to challenge the current downtrend structure.
* Conversely, a break and hold below the 76,787.9 support level could open further downside towards 76,623.4.
* Monitoring volume on any breakout or breakdown from these levels will be crucial for confirmation.
Disclaimer
This analysis is shared strictly for educational and informational purposes. It is not financial or investment advice. Always perform your own research, use proper risk management, and trade according to your own strategy.
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❤️ Market Wisdom to Remember: ❤️
⭐ Trade what you see, not what you assume
⭐ Follow the trend — it's your only true friend
⭐ The chart tells the real story — trust it
⭐ Emotions & assumptions have no place in trading
⭐ Capital protection comes first — always
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Cheers & Trade Smart! 🚀 SENSEX Outlook | Institutional Price Action AnalysisThe S&P BSE Sensex continues to trade inside a crucial decision zone after a sharp rally followed by healthy profit booking. While the broader market structure remains constructive, price is now testing an area where both buyers and sellers are likely to become aggressive.
The current setup offers a high-probability opportunity—but only after confirmation. Patience remains the key.
🔍 Technical Overview
After posting a strong impulsive move from the recent swing low, Sensex faced rejection near the 77,700–77,800 region, indicating the presence of institutional supply. The subsequent decline has been orderly rather than panic-driven, suggesting this is currently a correction within the existing trend rather than a confirmed trend reversal.
Price is now attempting to stabilize around the immediate support zone.
The next few hourly candles will determine whether this becomes:
a continuation of the primary uptrend, or
the beginning of a deeper corrective phase.
🟢 Bullish Scenario
A decisive breakout and hourly close above the 77,350 resistance zone would confirm renewed buying strength.
If buyers successfully absorb the selling pressure, momentum could accelerate toward higher resistance levels.
🎯 Bullish Targets
Target 1: 77,360
Target 2: 77,519
Target 3: 77,733
A breakout accompanied by increasing volume would significantly improve the probability of these targets being achieved.
🔴 Bearish Scenario
Failure to defend the immediate support area followed by a breakdown below 76,600 would invalidate the short-term bullish structure.
Such a move may trigger fresh selling pressure as trapped buyers begin exiting their positions.
🎯 Bearish Targets
Target 1: 76,675
Target 2: 76,479
Target 3: 75,306
Sellers should ideally wait for confirmation rather than anticipating the breakdown.
📌 Important Levels
Resistance
77,100–77,200
Immediate Support
77,00
Major Support
76,900–77,000
💡 Trading Strategy
✔️ Wait for confirmation before entering any position.
✔️ Buy only after a confirmed breakout above resistance.
✔️ Consider short positions only after a decisive breakdown below support.
✔️ Avoid initiating fresh trades while price remains trapped between these key levels.
✔️ Let the market choose the direction—discipline beats prediction.
⚠️ Risk Management
Even high-probability setups can fail.
Always:
Trade with predefined stop losses.
Risk only a small percentage of your capital per trade.
Never chase candles after large impulsive moves.
Focus on consistency rather than predicting every market move.
Professional traders survive by managing risk first and profits second.
📢 Conclusion
The market is approaching an inflection point where volatility is likely to expand. Whether Sensex resumes its bullish trend or extends the correction will largely depend on how price reacts around the highlighted support and resistance zones.
Stay patient, trade only on confirmation, and let price action—not emotions—guide your decisions.
⚡ Follow Globus Capitas for daily institutional-style market research, technical analysis, and professional trading insights. SENSEX : Trading levels and Plan for 24-Dec-2025SENSEX Trading Plan for 24-Dec-2025
(Chart reference: 15-min | Gap criteria considered: 300+ points)
Key Levels to Track (from chart)
Major Upside Resistance: 86,241.83
Last Intraday Resistance: 85,996.00
Upper Range Resistance: 85,690.62
Opening Support / Resistance (Pivot): 85,453.00 – 85,499.60
Last Intraday Support: 85,131.00
Lower Support: 84,918.00
🟢 1. GAP-UP OPENING (300+ Points)
If SENSEX opens well above 85,690, price enters a strong supply zone immediately.
🎓 Educational Explanation:
A 300+ point gap-up generally reflects strong global or overnight cues. However, when price opens near higher-timeframe resistance, smart money often books profits. Sustainable upside usually comes only after acceptance above resistance or a healthy retest, not from straight vertical moves.
Plan of Action:
If price sustains above 85,690 for 15–20 minutes, look for pullback-based long entries.
First upside hurdle is 85,996; watch for volume expansion and candle acceptance.
Acceptance above 85,996 opens the path toward 86,241.83.
Rejection or exhaustion candles near 85,996–86,241 can trigger a pullback toward 85,690.
Option buyers should avoid chasing CE at the open; confirmation is crucial for better R:R.
🟡 2. FLAT OPENING
A flat open near 85,450–85,550 places SENSEX inside the opening pivot range.
🎓 Educational Explanation:
Flat openings signal equilibrium between buyers and sellers. Direction usually emerges after a clear break of the opening range. Trading inside this zone without confirmation often leads to whipsaws and premium decay for option buyers.
Plan of Action:
Sustaining above 85,499.60 keeps bullish bias intact, targeting 85,690 → 85,996.
Failure to hold 85,453 increases downside risk toward 85,131.
Bullish rejection near 85,131 can offer low-risk bounce trades back to 85,453–85,499.
Breakdown and acceptance below 85,131 shifts momentum toward 84,918.
🔴 3. GAP-DOWN OPENING (300+ Points)
If SENSEX opens below 85,131, early sentiment turns clearly weak.
🎓 Educational Explanation:
Large gap-downs are often driven by panic or negative overnight news. Strong demand zones, however, tend to attract short-covering and positional buying. Selling blindly at support increases the risk of sharp reversals.
Plan of Action:
First support to watch is 85,131 — observe price behaviour and candle structure.
Breakdown below 85,131 opens downside toward 84,918.
Strong bullish reversal signals near 84,918 may lead to a sharp intraday bounce.
Any pullback toward 85,453 after breakdown can be used as a selling-on-rise opportunity.
⚙️ Risk Management Tips for Options Traders 🛡️
Avoid trading the first 10–15 minutes on 300+ point gap days.
Never buy options at resistance or sell at support without confirmation.
Use time-based stop-loss (15–20 minutes) if premium does not move.
Risk only 1–2% of total capital per trade.
Prefer ATM options or defined-risk spreads to manage theta decay.
Book partial profits near marked resistance/support levels.
🧾 Summary & Conclusion
Above 85,690: Bulls stay active; targets 85,996 → 86,241.
Between 85,131–85,690: Market remains balanced; patience is key.
Below 85,131: Sellers gain control unless buyers defend 84,918.
Trade price behaviour at levels, not emotions or predictions.
Consistency comes from discipline, confirmation, and risk control.
⚠️ Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only and should not be considered financial or investment advice. Please consult your financial advisor before taking any market positions. 
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