Sensex Outlook for 05-Oct-2026 Looks Bearish

The technical setup of Sensex reflects a heavily defensive market mood following a 570.59-point drop to close at 71,909.70 in the previous session, coupled with a multi-day holiday pause that left domestic sentiment highly reactive to accumulating global macro changes. The Daily MACD Histogram is below zero and the Hourly MACD Histogram is also below zero indicating a bearish trend. The Daily RSI 14 below 30 and the Hourly RSI 14 below 40 is also indicating a bearish trend. The overall trend of Sensex looks bearish, and the sellers are in control over the markets. Sell on rise would be the best strategy to deploy for today’s market considering the overall trend of Sensex. We may expect a change in trend only if the price sustains above the resistance level. Can Initiate buying only if prices continue to sustain above the resistance level. I have provided Sensex Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Sensex Spot Resistance 1 - 72395 Resistance 2 - 72545 Support 1 - 71520 Support 2 - 71400 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : INFY, TCS, HCLTECH. Top Losers : MARUTI, M&M, TATASTEEL.