Sensex Outlook for 29-Oct-2026 looks Bullish

The market outlook for BSE Sensex on Thursday, 29 October 2026, points toward a bullish trend for Thursday, 29 October 2026. The index finished lower on Wednesday, down 352.64 points (-0.48%) to close at 73,246.03 almost near the open price, though it notably clawed back over 600 points from its steep intraday low of 72,603.57. 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 46.60 above 40 and below the midline 50 levels indicates a neutral to bearish trend and the Hourly RSI 14 at 49.35 above 40 and below the midline 50 levels indicates a neutral to bearish 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 - 73750 Resistance 2 - 73905 Support 1 - 72785 Support 2 - 72640 Happy Learning, Happy Trading and have a wonderful day Top Gainers : LT, INDUSIND, SBIN. Top Losers : RELIANCE, INFY, TECHM.