Meyka Pro banner
S&P BSE Sensex

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

Comprehensive technical indicators and trading signals for informed investment decisions

^BSESNINDEX
75577.58
937.85(1.23%)
Indian Market opens in 10h 35m

^BSESN Technical Analysis Summary (INDEX)

S&P BSE Sensex (INDEX: ^BSESN) stock currently shows a bearish trend on the INDEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.81)
Trend Strength:Moderate (ADX: 22.23)
Volatility:Low (ATR: 617.72)
Support/Resistance:$76067.52 – $78445.57 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 37.81

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 9.83

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.95

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.43

Bearish
Selling pressure outweighs buying.

Takeaway:S&P BSE Sensex shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -307.36

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.23

Moderate
Moderate trend, direction gaining strength.

ATR (14): 617.72

Rising
Rising volatility, market activity increasing.

CCI (14): -146.08

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
$78445.57
Middle Band (SMA 20)
$77256.55
Lower Band
$76067.52
Current Position
Below Lower Band

Takeaway:S&P BSE Sensex trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$78308.53
Middle Line (EMA 20)
$77073.09
Lower Channel
$75837.64
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume183.20M
Money Flow Index40.08Neutral, balanced money flows with no clear signal.
Relative Vigor Index33.12Bearish, price momentum favors sellers.

Overall Takeaway:^BSESN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of S&P BSE Sensex (INDEX: ^BSESN), 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:Technical indicators for S&P BSE Sensex are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ