Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

S&P BSE Sensex

^BSESNINDEX
74207.24
-2496.89(-3.26%)
Indian Market opens in 64h 20m

S&P BSE Sensex (^BSESN) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^BSESN Technical Analysis Summary

S&P BSE Sensex index currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.05)
Trend Strength:Strong (ADX: 39.34)
Volatility:Low (ATR: 1357.53)
Support/Resistance:$73210.39 – $84855.05 (Bollinger Bands)

Technical conditions suggest S&P BSE Sensex is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 29.05

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 19.52

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.90

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.78

Strongly Bearish
Sharp downside momentum.

Takeaway:S&P BSE Sensex shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -2028.78

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.34

Strong
Strong trend, momentum well established.

ATR (14): 1357.53

Rising
Rising volatility, market activity increasing.

CCI (14): -113.21

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:S&P BSE Sensex shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$84855.05
Middle Band (SMA 20)
$79032.72
Lower Band
$73210.39
Current Position
Within Bands

Takeaway:S&P BSE Sensex trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$81036.11
Middle Line (EMA 20)
$78321.05
Lower Channel
$75605.99
Squeeze Status
No Squeeze

Takeaway:S&P BSE Sensex trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-217.83M
Money Flow Index37.46Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.75Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:^BSESN shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of S&P BSE Sensex, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:S&P BSE Sensex shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ