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INDEX OUTLOOKMARKET OUTLOOKSENSEX

SENSEX Outlook for the Week (August 21, 2023 – August 25, 2023)

SENSEX
SENSEX
SENSEX closed the previous week on a negative note losing 1.30%.

Technically, SENSEX share price will see immediate support at 64,600.34 and immediate resistance would be seen at 65,451.36.

If SENSEX share price closes below immediate support of 64,600.34, then sharp breakdown can be seen. SENSEX share price will see major support at 64,252.02 for the week.

On the positive side, immediate resistance will be seen at 65,451.36. Closing above 65,451.36, SENSEX share price will see a sharp breakout. Major resistance for SENSEX share price will be seen at 65,954.06 for the week.

Trading range for SENSEX share price for this week should be between 63,749.32 on down side and 66,302.38 on up side.

SENSEX Previous Week High: 65605.74

SENSEX Previous Week Low: 64754.72

SENSEX Previous Week Range: 851.02 Points

SENSEX share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 66,302.38
Resistance 2 65,954.06
Resistance 1 65,451.36
Support 1 64,600.34
Support 2 64,252.02
Support 3 63,749.32

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