Current Level: Around 81,450 – 81,500
Intraday Change: Up about +350 to +400 points (~+0.5%)
Trend: Strong bullish momentum
Key Pivot Levels (for reference on 4-hour chart)
Pivot Point: 81,070
Resistance:
R1: 81,212
R2: 81,324
R3: 81,466
Support:
S1: 80,959
S2: 80,817
S3: 80,706
Technical View (4-Hour Frame)
Momentum: Trading near R3 (81,466) — showing strong buying strength.
Indicators: RSI is in bullish territory (~65), MACD is positive, and moving averages point upward.
Bias:
If Sensex sustains above R3, next upside targets can extend further beyond 81,500.
A pullback below Pivot (81,070) would shift bias toward supports around 80,960 – 80,820.
✅ Conclusion: Sensex on the 4-hour timeframe is bullish, trading near its resistance highs. Buyers are in control, though some profit-booking is possible if it struggles to stay above 81,466.
Intraday Change: Up about +350 to +400 points (~+0.5%)
Trend: Strong bullish momentum
Key Pivot Levels (for reference on 4-hour chart)
Pivot Point: 81,070
Resistance:
R1: 81,212
R2: 81,324
R3: 81,466
Support:
S1: 80,959
S2: 80,817
S3: 80,706
Technical View (4-Hour Frame)
Momentum: Trading near R3 (81,466) — showing strong buying strength.
Indicators: RSI is in bullish territory (~65), MACD is positive, and moving averages point upward.
Bias:
If Sensex sustains above R3, next upside targets can extend further beyond 81,500.
A pullback below Pivot (81,070) would shift bias toward supports around 80,960 – 80,820.
✅ Conclusion: Sensex on the 4-hour timeframe is bullish, trading near its resistance highs. Buyers are in control, though some profit-booking is possible if it struggles to stay above 81,466.
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.
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.