Sensex Outlook for 12-May-2025
Good Morning,
The overall trend of Sensex looks strong, and the buyers are in control over the markets.
Buy on dips 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 below the support level. Can Initiate selling only if prices continue to sustain below the support 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 - 80350
Resistance 2 - 80625
Support 1 - 78645
Support 2 - 78395
Happy Learning, Happy Trading and have a wonderful day 😊
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