From a technical standpoint, Sensex breaking below ₹82,600 is important. This was seen as a short-term support level. Now that it's broken, ₹82,280 and ₹82,060 are the next zones to watch for.
Moving Averages:
Sensex has slipped below its 20-day moving average, which is often used as a trend indicator.
This shows short-term weakness and signals caution for traders.
RSI (Relative Strength Index):
RSI is heading lower but not yet in oversold territory.
This means there could be more downside before a potential bounce.
MACD:
The MACD indicator is also showing bearish crossover – another sign that the market could stay weak in the near term.
What Should Traders & Investors Do Now?
For Traders:
This is a time to stay cautious.
Avoid taking aggressive long positions unless Sensex reclaims ₹83,000+ with strong volume.
Focus on stock-specific opportunities in sectors like FMCG, pharma, or even PSU banks.
For Long-Term Investors:
Don’t panic. Corrections like these are common.
Instead of trying to time the market, look for quality stocks at attractive valuations.
IT stocks are fundamentally strong, so long-term investors can accumulate slowly on dips, especially if they fall further.
Global Factors at Play
What happens in the global economy directly affects Indian markets. Here are some international cues that are influencing Sensex:
US Interest Rates:
The US Federal Reserve may raise interest rates again to fight inflation.
Higher rates make borrowing expensive, slow down spending, and can trigger a global slowdown.
China's Economic Data:
Slower growth in China has worried global investors.
A slowdown in Asia’s biggest economy has ripple effects on global demand.
Geopolitical Tensions:
Trade issues, especially between the US and China, are creating uncertainties.
Wars or unrest in regions like Ukraine or the Middle East also cause global instability.
What to Watch in Coming Days
Key Events:
More Q1 results from major companies
Global inflation data releases
FII (Foreign Institutional Investors) activity – whether they continue selling or start buying
Crude oil price movement – as it affects inflation and currency
RBI commentary on interest rates
📢 Final Thoughts
The fall in Sensex below ₹82,600 is a signal for caution, not panic. The IT sector’s weakness has triggered the fall, but the overall market is still stable when compared to global peers.
For serious investors, this is a good time to review portfolios, build a watchlist, and focus on quality stocks and sectors that show relative strength. Defensive sectors like FMCG and pharma are showing signs of leadership.
Market cycles are natural – after every fall, there's a recovery. The key is to stay updated, stay disciplined, and not let emotions drive your decisions.
Moving Averages:
Sensex has slipped below its 20-day moving average, which is often used as a trend indicator.
This shows short-term weakness and signals caution for traders.
RSI (Relative Strength Index):
RSI is heading lower but not yet in oversold territory.
This means there could be more downside before a potential bounce.
MACD:
The MACD indicator is also showing bearish crossover – another sign that the market could stay weak in the near term.
What Should Traders & Investors Do Now?
For Traders:
This is a time to stay cautious.
Avoid taking aggressive long positions unless Sensex reclaims ₹83,000+ with strong volume.
Focus on stock-specific opportunities in sectors like FMCG, pharma, or even PSU banks.
For Long-Term Investors:
Don’t panic. Corrections like these are common.
Instead of trying to time the market, look for quality stocks at attractive valuations.
IT stocks are fundamentally strong, so long-term investors can accumulate slowly on dips, especially if they fall further.
Global Factors at Play
What happens in the global economy directly affects Indian markets. Here are some international cues that are influencing Sensex:
US Interest Rates:
The US Federal Reserve may raise interest rates again to fight inflation.
Higher rates make borrowing expensive, slow down spending, and can trigger a global slowdown.
China's Economic Data:
Slower growth in China has worried global investors.
A slowdown in Asia’s biggest economy has ripple effects on global demand.
Geopolitical Tensions:
Trade issues, especially between the US and China, are creating uncertainties.
Wars or unrest in regions like Ukraine or the Middle East also cause global instability.
What to Watch in Coming Days
Key Events:
More Q1 results from major companies
Global inflation data releases
FII (Foreign Institutional Investors) activity – whether they continue selling or start buying
Crude oil price movement – as it affects inflation and currency
RBI commentary on interest rates
📢 Final Thoughts
The fall in Sensex below ₹82,600 is a signal for caution, not panic. The IT sector’s weakness has triggered the fall, but the overall market is still stable when compared to global peers.
For serious investors, this is a good time to review portfolios, build a watchlist, and focus on quality stocks and sectors that show relative strength. Defensive sectors like FMCG and pharma are showing signs of leadership.
Market cycles are natural – after every fall, there's a recovery. The key is to stay updated, stay disciplined, and not let emotions drive your decisions.
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.