SENSEX closed the previous week on a negative note losing 2.72%.
Technically, SENSEX share price will see immediate support at 71,879.20 and immediate resistance would be seen at 73,904.71.
If SENSEX share price closes below immediate support of 71,879.20, then sharp breakdown can be seen. SENSEX share price will see major support at 71,093.94 for the week.
On the positive side, immediate resistance will be seen at 73,904.71. Closing above 73,904.71, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 75,144.96 for the week.
Trading range for SENSEX share price for this week should be between 69,853.69 on down side and 75,930.22 on up side.
SENSEX Previous Week High: 74359.69
SENSEX Previous Week Low: 72334.18
SENSEX Previous Week Range: 2025.51 Points
SENSEX share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 75,930.22 |
| Resistance 2 | 75,144.96 |
| Resistance 1 | 73,904.71 |
| Support 1 | 71,879.20 |
| Support 2 | 71,093.94 |
| Support 3 | 69,853.69 |
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