Sensex, Bankex analysis for 24/08/2026 (market analysis)

1. Sensex Analysis (Current: 77,540) Current Bias: Bearish / Short-leaning. Key Resistance Level: 78,500 serves as the major pivot threshold. Strategy Setup: Hold Short: Maintain short positions as long as the index trades below 78,500. Conditional Long: A breakout and sustained move above 78,500 invalidates the short bias and signals a shift to create long positions. 2. Bankex Analysis (Current: 65,368) Current Bias: Bullish / Long-leaning. Key Support Level: 64,300 serves as the major pivot threshold. Strategy Setup: Hold Long: Maintain long positions as long as the index holds above 64,300. Conditional Short: A breakdown below 64,300 invalidates the bullish stance and signals a shift to create short-only positions. F&O top gainer was :