Sensex is likely to kick off the session with a gap-up opening around the 82500 level, reflecting early bullish momentum. If this initial strength holds and the index begins to build above the 82600–82650 zone, it could signal the start of a recovery leg toward higher resistance levels at 82800, 82900, and potentially 83000+. Sustained action above 82650 may encourage momentum traders to chase strength during the day.
However, the 82500–82650 range will act as a battleground. Failure to defend this zone could invite selling pressure. A breakdown below 82500 may expose the index to intraday weakness, opening downside targets at 82200, 82100, and even 82050. In this case, expect volatility to increase near support levels.
Traders should approach with a flexible strategy—watching for breakout confirmation above 82650 or signs of reversal pressure below 82500. Today’s early range could set the tone for the entire session.
However, the 82500–82650 range will act as a battleground. Failure to defend this zone could invite selling pressure. A breakdown below 82500 may expose the index to intraday weakness, opening downside targets at 82200, 82100, and even 82050. In this case, expect volatility to increase near support levels.
Traders should approach with a flexible strategy—watching for breakout confirmation above 82650 or signs of reversal pressure below 82500. Today’s early range could set the tone for the entire session.
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📈 Trade Smarter with TradZoo!
🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📲 Android App: bit.ly/TradZooApp
📲 Forex App:tradzoo.com/forex/download
🍎 iOS App: bit.ly/TradZoo-iOS-App
🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📲 Android App: bit.ly/TradZooApp
📲 Forex App:tradzoo.com/forex/download
🍎 iOS App: bit.ly/TradZoo-iOS-App
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.