SENSEX 1D Timeframe

Closing Value: 81,463.09

Net Change: −721.08 points (−0.88%)

Opening Level: 82,065.76

Day’s High: 82,069.51

Day’s Low: 81,397.69

Trend: Bearish

📊 Technical Analysis:
✅ Candle Type:
Large bearish candle with a close near the day’s low.

Indicates strong selling pressure throughout the session.

🔻 Support Levels:
81,400 – Immediate support (Friday’s low)

81,000 – Critical psychological and technical level

80,700 – Medium-term support zone

🔺 Resistance Levels:
82,070 – Intraday high and near-term resistance

82,300 – Minor resistance

82,500 – Strong resistance zone

📈 Indicator Summary:
RSI (Relative Strength Index): Likely below 50 – shows weakening buying strength

MACD: Bearish crossover – confirms ongoing downtrend

Volume: Higher than average – selling was broad-based and strong

🧠 Market Sentiment:
Bearish sentiment due to pressure in Auto, Banking, Energy, and IT sectors

Major stocks pulling down the index: Reliance, HDFC Bank, Infosys, Tech Mahindra, and Bajaj Finance

Investors showed caution amid FII selling, weak global signals, and earnings season pressure

✅ Conclusion:
Sensex is in a short-term downtrend

A breakdown below 81,000 could trigger a move toward 80,700 or lower

Bulls must reclaim 82,000–82,300 levels to regain positive momentum