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SENSEX Price Structure Analysis [15/04/2026: Wednesday]SENSEX Price Structure Analysis for 15th of April 2026. The day is Wednesday. (1) BULLISH SET-UP: A weak bullish set-up will open above the level 77000. The target is 77500. It will fill the gap and again receive strong resistance (previously, the price got rejection from 77500 twice). In case the price sustains above the level 77500, then probable bullish targets are - 78000, 78500, and 79000. (2) BEARISH SET-UP: A weak bearish set-up will open below the level 76500. The target is 76000. In case the price sustains below the level 76000, then probable bearish targets are - 75500, 75000, and 74500. The pending gap will fill at 74500. (3) Establish intraday bias with respect to the opening price. (4) No Trading Zone (NTZ): (77000 - 76500). (5) Range of Consolidation (ROC): (77500 - 76000) . Trading within this range will be difficult. A breakout or breakdown from this zone would ensure a bullish or bearish trend. (6) Event: No expiry. Tuesday's news will impact Wednesday's first half price action. War uncertainty is always there. (7) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM during the live session. Top-Down Analysis for Better Insight: (i) Monthly TF: Candles look like a bullish harami pattern. Maybe there are signs of trend reversal. Level 77500 is a strong resistance. Level 76000 is a strong support. 20 EMA > Price > 50 EMA. The view is indecision. (ii) Weekly TF: This week's candle is green, but it is inside the previous week. For a bullish trend, the price needs to break out above two levels - 77000 and 77500. For a bearish trend, the price needs to break down below two levels - 76500 and 76000. Considering three weeks candle, the price is in a higher highs and lower lows structure. There are signs of trend reversal (bearish to bullish). Price is trading exactly between two 100 EMA (flat) and 150 EMA (flat). We have to wait for either a breakout or a breakdown. The view is indecision to bullish. (iii) Daily TF: Today's candle is below the last three days' tops. Presently, levels 77500 and 77000 are very strong resistances. On the contrary, levels 76500 and 76000 are very strong support levels. Price is trading above 20 EMA but below 50 EMA. Considering a 7-day price structure, the price is in a higher-highs and lower-lows structure. We have to wait for either a breakout or a breakdown. The view is indecision to bullish. (iv) 30-minute TF: For the past four days, the price has been closing within the range of (76500 - 75500). It is a clear sign of sideways consolidation. For a bullish trend, the price needs to break out above two levels - 77000 and 77500. For a bearish trend, the price needs to break down below two levels - 76500 and 76000. Price got a strong rejection from the level 77500 twice. Also, there is an unfilled gap below. Considering a 7-day price structure, the price is in a higher-highs and lower-lows structure. We have to wait for either a breakout or a breakdown. The view is indecision to bullish. NOTE: (i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL. Always PRACTICE RISK MANAGEMENT. Be RESPONSIBLE. (ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe. (iii) Be Strategic. Be Courageous. Be Patient. Be Wise. (iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities. Happy Trading!
BSE:SENSEX
by deep_bhattacharjee_db
SENSEX Price Structure Analysis [06/04/2026: Monday]Top-Down SENSEX Price Structure Analysis for 06th of April 2026. The day is Monday. (1) Monthly TF: The candle is inside the previous month. The structure is red hammer. Maybe it is a sign of trend reversal. However, there is no such evidence yet. Major support is 72000. Major resistance is 74000. Price did not touch the 50 EMA. Price is still trading below 9 EMA (downward sloping) and 20 EMA (flat). The view is indecision to bearish. (2) Weekly TF: Lower lows and lower highs structure is intact. The candle is a bullish spinning top. For consecutive 3 weeks, candles are forming a doji. It means that directional trading has been very difficult as both bulls and bears are strategically trapped. However, bears have still been the winners. Also, in the past 4 weeks, the price has shown 3000 points fall. Price-wise correction in this time frame is done, as the price did touch the 200 EMA (equivalent to level 72500). However, price is still below 150 EMA (equivalent to level 75500). Sustainability of price above the level 74000 for at least one week might offer hope for trend reversal. Presently, there is no sign of such. Level 74000 would act as a major resistance. Level 72000 would act as a major support. We still have to doubt every up move. The view is indecision to bearish. (3) Daily TF: Lower lows and lower highs structure is intact. Price is below the downward sloping 9, 20, and 50 EMA. Level 74000 will be a major resistance. Levels 72000 and 71500 would offer good support. The view is indecision to bearish. (4) 30-minute TF: Lower lows and lower highs structure is intact. Price is trading above the level 73000. It is trading above the upward-sloping 9 and 20 EMA. Additionally, price is trading above the 50 EMA (flat). Level 73000 would offer good support. Level 74000 would be a major resistance. However, the price is in a running correction. It has not touched the 200 EMA (downward sloping) for a long time. There is a high probability that the price will start to trade above the level 74000 and touch the 200 EMA. For now, every up move should be doubted unless the price gives a breakout above the level 74000. The view is indecision to bearish. (5) No Trading Zone (NTZ): (73500 - 72500). (6) Range of Consolidation (ROC): (74000 - 72000) . Trading will be very difficult in this zone. A breakout above 74000 would confirm bullish sentiments. A breakdown below 72000 would confirm bearish sentiments. (7) Establish intraday bias with respect to the opening price. (8) Events: No high-impact event. No expiry. (9) BULLISH SET-UP: Presently, all the bullish trades will be led by the underconfident bulls. If the price breaks out at level 73500, then the corresponding achievable levels are - 74000 and 74500. Price will receive good resistance at the level 74500. Confident bulls would emerge when the price gives a breakout above the level 74500. Then the corresponding bullish levels would be - 75000 and 75500. An unfilled gap is there at 75500. (10) BEARISH SET-UP: Level 72500 is a major support level. No shorting until price breaks down level 72500. If level 72500 is broken, then the corresponding bearish levels would be - 72000 and 71500. Price would receive good support at level 71500. In case the price further breaks down to level 71500, then the next bearish levels would be 71000 and 70500. (11) All the analysis would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM in the live market. NOTE: (i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE. (ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe. (iii) Be Strategic. Be Courageous. Be Patient. Be Wise. (iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities. Happy Trading!
BSE:SENSEX
by deep_bhattacharjee_db
SENSEX Price Structure Analysis [02/04/2026: Thursday]Top-Down SENSEX Price Structure Analysis for 02nd of April 2026. The day is Thursday. (1) Monthly TF: An inside red bar. Major resistance is 74000. Major support is 72000. The view is indecision to bearish. (2) Weekly TF: Lower lows and lower highs structure is intact. This week's candle is a green spinning top. Major resistance is 74000. Major support is 72000. Pricewise correction in SENSEX is done as the price has touched the 200 EMA. Now, a breakout above 74000, as well as sustainability, would give hope for trend reversal. On the other hand, if the price decisively breaks down the level 72000, then the level 71000 is reachable. The view is indecision to bearish. (3) Daily TF: Lower lows and lower highs structure is intact. Price is below 9 EMA (downward sloping). Major resistance is 74000. Major support is 72500. Only a breakout, and sustainability of price above the level 74000 would ensure trend reversal (bearish to bullish). On the other hand, if the price decisively breaks down the level 72000, then the level 71000 is reachable. The view is indecision to bearish. (4) 30-minute TF: Lower lows and lower highs structure is intact. Bulls are trapped just below 74000. And bears are trapped at level 72000. Thus, the price is again in the range of consolidation. A breakout or breakdown would confirm future sentiment of the markets. The view is indecision to bearish. (5) No Trading Zone (NTZ): (74000 - 73000). (6) Range of Consolidation (ROC): (74000 - 72500) . Trading will be very difficult in this range. It is preferable to wait for either a breakout or a breakdown. (7) Event: SENSEX weekly expiry is on Thursday. The day after (Friday) is a holiday (Good Friday). Then there will be a long weekend. Even the U.S. market will be closed. We can expect a price anomaly considering the impact of expiry and the long weekend. (8) Establish intraday bias with respect to the opening price. (9) BULLISH SET-UP: Presently, there is no bullish set-up visible in the charts. Every up move should be doubted. If the price breaks out above the level 74000, then the first target would be 74500. However, price would face a major hurdle at 74500. Next, if the price starts to trade above the level 74500, then the corresponding levels are - 75000, 75500, and beyond. Be cautious with bullish trades as the market sentiment is not bullish. (10) BEARISH SET-UP: If level 73000 is broken, then the first bearish target would be 72500. However, price would receive good support at this level. Next, if the price decisively breaks down the level 72500, then the corresponding levels are - 72000, 71500, and 71000. A confident bearish set-up would activate below the level 72500. (11) All the analysis would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM in the live market session. NOTE: (i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL. Always practice RISK MANAGEMENT. Be RESPONSIBLE. (ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe. (iii) Be Strategic. Be Courageous. Be Patient. Be Wise. (iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade with a new perspective. Believe in Possibilities. Happy Trading! Happy Hanuman Jayanti _/\_
BSE:SENSEX
by deep_bhattacharjee_db
SENSEX Price Structure Analysis [23/03/2026: Monday]Top-Down SENSEX Price Structure Analysis for 23rd of March 2026. The day is Monday. (i) Monthly TF: The candle is a red marubozu. The view is bearish. (ii) Weekly TF: The candle is a gravestone doji after a red marubozu candle. Price is below 150 EMA. Level 74000 is the only support. The view is bearish. (iii) Daily TF: Lower lows and lower highs structure is intact. Price is below the falling 9 EMA and 20 EMA. Major resistance 75500. Major support 74000. The view is bearish. (iv) 30-minute TF: Price is in a sideways range (75300 - 74000). The main trend of bearishness is intact. The view is bearish to indecision. (v) No Trading Zone (NTZ): (75500 - 74000) (vi) Event: No high-impact event. No expiry on Monday. However, war uncertainty is always there. (vii) Establish intraday bias with respect to the opening price. (v) Bullish Scenario Set-Up: Price gives a breakout above level 75500 along with forming a higher highs and lower lows structure. The bullish targets would be 76000 and 76500. (vi) Bearish Scenario Set-Up: Price gives a breakdown below the level 74000. First minor bearish target is 73750. Next bearish targets are 73500 and 73000. (vii) All the analyses would fail in the case of a major gap up or gap down or price structure anomaly. Thus, always practice PRAGMATISM in the live market. NOTE: (i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE. (ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe. (iii) Be Strategic. Be Courageous. Be Patient. Be Wise. (iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in possibilities. Happy Trading!
BSE:SENSEX
by deep_bhattacharjee_db
SENSEX Price Structure Analysis [19/03/2026: Thursday]SENSEX Price Structure Analysis for 19th of March 2026. The day is Thursday. Summary of the Trading Plan (Hypothesis and Insights): (i) Monthly TF: The candle is a bearish spinning top. The view is indecision to bearish. (ii) Weekly TF: The candle seems a bullish piercing. It is not yet bullish engulfing. The view is indecision. (iii) Daily TF: Back-to-back two-day bullish spinning tops. Bulls are not very confident. The view is indecision. (iv) 30-minute TF: Price structure is in a higher highs and higher lows structure. The view is indecision to bullish. (v) No Trading Zone (NTZ): (77000 - 76000). (vi) Event: Nifty 50 weekly expiry. No other high-impact event. Expect a price anomaly. (vii) Establish intraday bias with respect to the opening price . Sustainability of price above or below the opening price would dictate session bullish or bearish sentiment, respectively. (viii) Bullish Scenario Set-Up: Price breaks out level 77000 and sustains. Then the first bullish target is 77500. Next, if the price trades above 77500, then the next bullish target is 78000. (ix) Bearish Scenario Set-Up: Price breaks down and sustains below level 76000. Then, the first bearish target would be 75500. Don't get lured to short, if the price keeps falling in the first half of the session, as there is an unfilled gap at 76000. In the present price structure, doubt every down move. Wait to short till, price decisively trades below 76000 and shows a sign of reaching 75500. (x) All the analysis would fail in case there is a major gap up or gap down or a price structure anomaly. Thus, practice PRAGMATISM in the live session. NOTE: (i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE. (ii) Mark your point. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe. (iii) Be Strategic. Be Courageous. Be Patient. Be Wise. (iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade with a new perspective. Believe in possibilities. Happy Trading!
BSE:SENSEX
by deep_bhattacharjee_db