Sensex Outlook for 19-Oct-2026 looks Bullish
The Daily MACD Histogram is above zero and the Hourly MACD Histogram is also above zero indicating a bullish trend. The Daily RSI 14 above the midline 50 levels and the Hourly RSI 14 above 70 indicates a bullish trend. Thus, the overall trend of Sensex looks bullish, 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 - 75040
Resistance 2 - 75135
Support 1 - 74305
Support 2 - 74180
Happy Learning, Happy Trading and have a wonderful day
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