As of December 26, 2024, the S&P BSE Sensex closed at 78,472.48.
Support and Resistance Levels: Resistance Levels: R1: 78,900 R2: 79,450 R3: 80,000 Support Levels: S1: 78,000 S2: 77,500 S3: 77,000 These levels indicate potential zones where the Sensex might face buying or selling pressure:
If the index moves upwards, it may face resistance near 78,900 or higher at 79,450. If it declines, it could find support around 78,000 or lower near 77,500. Technical Observations: The current trend shows consolidation near the 78,500 mark, with RSI in a neutral zone indicating balanced momentum. A breach of 79,000 could signal bullish momentum, while a drop below 78,000 may indicate further weakness.
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