Signals, Powered By EquityPandit
SENSEX closed the previous week on a negative note losing 3.50%.
Technically, SENSEX share price will see immediate support at 69,854.29 and immediate resistance would be seen at 72,359.49.
If SENSEX share price closes below immediate support of 69,854.29, then sharp breakdown can be seen. SENSEX share price will see major support at 68,224.82 for the week.
On the positive side, immediate resistance will be seen at 72,359.49. Closing above 72,359.49, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 73,235.22 for the week.
Trading range for SENSEX share price for this week should be between 67,349.09 on down side and 74,864.69 on up side.
SENSEX Previous Week High: 71605.76
SENSEX Previous Week Low: 69100.56
SENSEX Previous Week Range: 2505.2 Points
SENSEX share price support and resistance for the week (December 18, 2023 – December 22, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 74,864.69 |
| Resistance 2 | 73,235.22 |
| Resistance 1 | 72,359.49 |
| Support 1 | 69,854.29 |
| Support 2 | 68,224.82 |
| Support 3 | 67,349.09 |
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