✅ Current Market Status:
Closing Price: ₹82,452.00
Change: –148.32 points
Percentage Change: –0.18%
Day’s Range: ₹82,300.70 – ₹82,892.30
52-Week Range: ₹65,302.20 – ₹83,822.00
🔍 Key Technical Levels:
📌 Support Zones:
Support 1: ₹82,200 – minor trendline support
Support 2: ₹81,800 – recent bounce zone
Support 3: ₹81,000 – strong institutional buying level
📌 Resistance Zones:
Resistance 1: ₹82,900 – intraday high rejected
Resistance 2: ₹83,400 – multi-session top
Resistance 3: ₹83,800 – all-time high zone
🕯️ Candlestick Pattern:
Candle Type: Bearish body with upper wick
Formation: Reversal candle after a small bounce
Implication: Supply seen near highs; indicates hesitation in buying
📈 Indicator Status (1D Timeframe):
Indicator Value & Signal
RSI (14) ~45 – Neutral but slipping downward
MACD Bearish crossover – sellers gaining control
20 EMA ~₹82,780 – Price below this level (short-term bearish)
50 EMA ~₹82,000 – May act as dynamic support soon
📊 Price Structure Summary:
Sensex is in a tight range between ₹81,800 and ₹83,400.
The price rejected from ₹82,900, showing sellers are active.
If ₹82,200 breaks, we might see movement toward ₹81,800 and ₹81,000.
A bullish breakout will only occur above ₹83,400 with strong volume.
🧠 Market Sentiment & Institutional View:
Volatility: Moderate — no extreme panic or euphoria
Volume: Average — no big accumulation seen
Smart Money Activity: Likely waiting near breakout levels or lower discount zones (₹81,000)
🔚 Summary:
🔴 Short-Term Bias: Slightly Bearish
🟡 Key Range: ₹81,800 – ₹83,400
✅ Buyers' Entry Point: Above ₹83,400
⚠️ Sellers' Trigger: Below ₹82,200 or ₹81,800 for more downside
Closing Price: ₹82,452.00
Change: –148.32 points
Percentage Change: –0.18%
Day’s Range: ₹82,300.70 – ₹82,892.30
52-Week Range: ₹65,302.20 – ₹83,822.00
🔍 Key Technical Levels:
📌 Support Zones:
Support 1: ₹82,200 – minor trendline support
Support 2: ₹81,800 – recent bounce zone
Support 3: ₹81,000 – strong institutional buying level
📌 Resistance Zones:
Resistance 1: ₹82,900 – intraday high rejected
Resistance 2: ₹83,400 – multi-session top
Resistance 3: ₹83,800 – all-time high zone
🕯️ Candlestick Pattern:
Candle Type: Bearish body with upper wick
Formation: Reversal candle after a small bounce
Implication: Supply seen near highs; indicates hesitation in buying
📈 Indicator Status (1D Timeframe):
Indicator Value & Signal
RSI (14) ~45 – Neutral but slipping downward
MACD Bearish crossover – sellers gaining control
20 EMA ~₹82,780 – Price below this level (short-term bearish)
50 EMA ~₹82,000 – May act as dynamic support soon
📊 Price Structure Summary:
Sensex is in a tight range between ₹81,800 and ₹83,400.
The price rejected from ₹82,900, showing sellers are active.
If ₹82,200 breaks, we might see movement toward ₹81,800 and ₹81,000.
A bullish breakout will only occur above ₹83,400 with strong volume.
🧠 Market Sentiment & Institutional View:
Volatility: Moderate — no extreme panic or euphoria
Volume: Average — no big accumulation seen
Smart Money Activity: Likely waiting near breakout levels or lower discount zones (₹81,000)
🔚 Summary:
🔴 Short-Term Bias: Slightly Bearish
🟡 Key Range: ₹81,800 – ₹83,400
✅ Buyers' Entry Point: Above ₹83,400
⚠️ Sellers' Trigger: Below ₹82,200 or ₹81,800 for more downside
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.