SENSEX closed the previous week on a negative note losing 2.98%.
Technically, SENSEX share price will see immediate support at 72,498.41 and immediate resistance would be seen at 74,703.24.
If SENSEX share price closes below immediate support of 72,498.41, then sharp breakdown can be seen. SENSEX share price will see major support at 71,079.80 for the week.
On the positive side, immediate resistance will be seen at 74,703.24. Closing above 74,703.24, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 75,489.46 for the week.
Trading range for SENSEX share price for this week should be between 70,293.58 on down side and 76,908.07 on up side.
SENSEX Previous Week High: 74070.84
SENSEX Previous Week Low: 71866.01
SENSEX Previous Week Range: 2204.83 Points
SENSEX share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 76,908.07 |
| Resistance 2 | 75,489.46 |
| Resistance 1 | 74,703.24 |
| Support 1 | 72,498.41 |
| Support 2 | 71,079.80 |
| Support 3 | 70,293.58 |
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