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Vimal K

2 hours ago · SEBI Registration INH200007724

Sensex Outlook for 24-Sep-2026 Looks Range Bound

Sensex ended the September 23 session up by 299.17 points (0.40%) at 74,828.25. Sensex recovery to was led by robust domestic flash PMI growth momentum and easing crude oil prices. As we head into the weekly options expiry on Thursday, September 24, 2026, technical indicators present a mixed to bullish underlying structure that suggests a range bound market. The Daily MACD is below zero and the Hourly MACD is above zero indicating a tug of war between buyers and sellers. Hourly RSI above 50 levels the midline indicates a neutral to bullish trend. Thus, the overall trend of Sensex looks to be in a range, and thus the markets might move either side. Buy on dips and 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 below the support level or 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 - 75120 Resistance 2 - 75205 Support 1 - 74545 Support 2 - 74460 Happy Learning, Happy Trading and have a wonderful day Top Gainers : TATASTEEL, BAJFINANCE, ITC. Top Losers : HCLTECH, INFY, TCS.

TATASTEEL

#WatchOutFor#Pre-OpeningCommentary#TechnicalViews#MacroViews#IndexStrategies
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