Closing Value: ₹81,463.09
Day Change: ▼ 721.08 points (−0.88%)
Opening Level: ₹82,065.76
Day's High: ₹82,069.51
Day's Low: ₹81,397.69
Intraday Range: ~₹672 points swing
🧭 Market Context
Sensex fell nearly 1% in a single session, indicating a short-term pullback or profit-booking.
The fall was led by major banking, IT, and financial stocks.
Broader market sentiment turned cautious amid weak domestic cues and global uncertainty.
Several heavyweight stocks saw sharp declines, with a few dropping more than 5% in a single day.
🕵️♂️ Technical Perspective (1D Timeframe)
The daily candle likely formed a strong bearish body, signaling selling pressure.
The index is still trading well above its key moving averages (e.g., 50-day, 200-day), but this drop shows possible reversal signals.
Immediate support lies around ₹81,200–81,000, while resistance remains near the ₹82,500–83,000 zone.
🔍 Outlook Ahead
If weakness continues, the index may retest the ₹80,500–81,000 range.
A rebound above ₹82,000 with volume could reignite bullish sentiment.
Keep an eye on FII/DII flows, global indices, and upcoming earnings for direction.
Day Change: ▼ 721.08 points (−0.88%)
Opening Level: ₹82,065.76
Day's High: ₹82,069.51
Day's Low: ₹81,397.69
Intraday Range: ~₹672 points swing
🧭 Market Context
Sensex fell nearly 1% in a single session, indicating a short-term pullback or profit-booking.
The fall was led by major banking, IT, and financial stocks.
Broader market sentiment turned cautious amid weak domestic cues and global uncertainty.
Several heavyweight stocks saw sharp declines, with a few dropping more than 5% in a single day.
🕵️♂️ Technical Perspective (1D Timeframe)
The daily candle likely formed a strong bearish body, signaling selling pressure.
The index is still trading well above its key moving averages (e.g., 50-day, 200-day), but this drop shows possible reversal signals.
Immediate support lies around ₹81,200–81,000, while resistance remains near the ₹82,500–83,000 zone.
🔍 Outlook Ahead
If weakness continues, the index may retest the ₹80,500–81,000 range.
A rebound above ₹82,000 with volume could reignite bullish sentiment.
Keep an eye on FII/DII flows, global indices, and upcoming earnings for direction.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
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.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
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.