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INDEX OUTLOOKMARKET OUTLOOKSENSEX

SENSEX Outlook for the Week (January 22, 2024 – January 26, 2024)

SENSEX
SENSEX
SENSEX closed the previous week on a negative note losing 3.76%.

Technically, SENSEX share price will see immediate support at 70,423.29 and immediate resistance would be seen at 73,185.38.

If SENSEX share price closes below immediate support of 70,423.29, then sharp breakdown can be seen. SENSEX share price will see major support at 69,163.35 for the week.

On the positive side, immediate resistance will be seen at 73,185.38. Closing above 73,185.38, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 74,687.53 for the week.

Trading range for SENSEX share price for this week should be between 67,661.20 on down side and 75,947.47 on up side.

SENSEX Previous Week High: 73427.59

SENSEX Previous Week Low: 70665.5

SENSEX Previous Week Range: 2762.09 Points

SENSEX share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 75,947.47
Resistance 2 74,687.53
Resistance 1 73,185.38
Support 1 70,423.29
Support 2 69,163.35
Support 3 67,661.20
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