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By EquityPandit

INDEX OUTLOOKMARKET OUTLOOKSENSEX

SENSEX Outlook for the Week (April 08, 2024 – April 12, 2024)

SENSEX
SENSEX
SENSEX closed the previous week on a negative note losing 1.36%.

Technically, SENSEX share price will see immediate support at 73,654.98 and immediate resistance would be seen at 74,671.59.

If SENSEX share price closes below immediate support of 73,654.98, then sharp breakdown can be seen. SENSEX share price will see major support at 73,061.75 for the week.

75000.0075000.0074500.0074500.0074000.0074000.0073500.0073500.0073000.0073000.0072500.0072500.0072000.0072000.0071500.0071500.00Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Mar 11Mar 11Mar 14Mar 14Mar 19Mar 19Mar 22Mar 22Mar 28Mar 28Apr 3Apr 3Reversal Level 73450.81BuyBuySellSell

On the positive side, immediate resistance will be seen at 74,671.59. Closing above 74,671.59, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 75,094.97 for the week.

Trading range for SENSEX share price for this week should be between 72,638.37 on down side and 75,688.20 on up side.

SENSEX Previous Week High: 74501.73

SENSEX Previous Week Low: 73485.12

SENSEX Previous Week Range: 1016.61 Points

SENSEX share price support and resistance for the week (April 08, 2024 – April 12, 2024)

Level Type Value
Resistance 3 75,688.20
Resistance 2 75,094.97
Resistance 1 74,671.59
Support 1 73,654.98
Support 2 73,061.75
Support 3 72,638.37
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