Sensex Outlook for 4-Nov-2026 looks Bullish

Sensex closed at 76,917.85 (up 1.62% or over 1,200 points) on Tuesday, November 3, 2026, marking its fourth consecutive session of gains driven by banking, FMCG, and realty stocks alongside easing crude oil prices. 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 at 67.88 indicate a bullish trend. The Hourly RSI 14 above the 70 levels at 79.44 indicates a bullish trend but is in the overbought zone and we may see a consolidation or a correction. 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 - 77275 Resistance 2 - 77355 Support 1 - 76160 Support 2 - 75985 Happy Learning, Happy Trading and have a wonderful day Top Gainers : BSE, NESTLEIND, TATACONSUMER. Top Losers : POWERGRID, SBIN, ONGC.