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INDEX OUTLOOKMARKET OUTLOOKSENSEX

SENSEX Outlook for the Week (August 14, 2023 – August 18, 2023)

SENSEX closed the previous week on a negative note losing 1.20%.

Technically, SENSEX share price will see immediate support at 65,042.21 and immediate resistance would be seen at 65,835.50.

If SENSEX share price closes below immediate support of 65,042.21, then sharp breakdown can be seen. SENSEX share price will see major support at 64,761.76 for the week.

On the positive side, immediate resistance will be seen at 65,835.50. Closing above 65,835.50, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 66,348.34 for the week.

Trading range for SENSEX share price for this week should be between 64,248.92 on down side and 66,628.79 on up side.

SENSEX Previous Week High: 66067.9

SENSEX Previous Week Low: 65274.61

SENSEX Previous Week Range: 793.28999999999 Points

SENSEX share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 66,628.79
Resistance 2 66,348.34
Resistance 1 65,835.50
Support 1 65,042.21
Support 2 64,761.76
Support 3 64,248.92

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