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INDEX OUTLOOKMARKET OUTLOOKSENSEX

SENSEX Outlook for the Week (December 25, 2023 – December 29, 2023)

SENSEX
SENSEX
SENSEX closed the previous week on a negative note losing 2.77%.

Technically, SENSEX share price will see immediate support at 70,047.21 and immediate resistance would be seen at 72,039.89.

If SENSEX share price closes below immediate support of 70,047.21, then sharp breakdown can be seen. SENSEX share price will see major support at 68,987.46 for the week.

On the positive side, immediate resistance will be seen at 72,039.89. Closing above 72,039.89, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 72,972.82 for the week.

Trading range for SENSEX share price for this week should be between 68,054.53 on down side and 74,032.57 on up side.

SENSEX Previous Week High: 71913.07

SENSEX Previous Week Low: 69920.39

SENSEX Previous Week Range: 1992.68 Points

SENSEX share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 74,032.57
Resistance 2 72,972.82
Resistance 1 72,039.89
Support 1 70,047.21
Support 2 68,987.46
Support 3 68,054.53
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