Sensex Outlook for 28-Oct-2026 looks Bullish

The BSE Sensex closed virtually flat on October 27, ending at 73,598.67 after experiencing a highly volatile trading session. The index formed a brief intraday recovery from its low of 73,179.41 to touch a peak of 73,762.98 before finishing the day down by a minor 8 points. The Daily MACD Histogram is above zero and the Hourly MACD Histogram is also above zero indicating a bullish trend. The Daily RSI 14 at 46.00 above 40 and below the midline 50 levels indicates a neutral to bearish trend and the Hourly RSI 14 above the midline 50 levels at 54.44 indicate 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 - 74105 Resistance 2 - 74225 Support 1 - 73070 Support 2 - 72945 Happy Learning, Happy Trading and have a wonderful day Top Gainers : BHARTIARTL, MARUTI, POWERGRID. Top Losers : SBI, AXISBANK, TCS.