Date: 30 October 2026 | Time: 3:28 AM IST | Basis: User-provided daily levels and indicators
SENSEX: 74,151
Recovery attempt
Long-term trend weak
The Sensex is trading above its 5 EMA, 12 EMA and 26 EMA but remains below its 50 EMA and 200-day EMA. Short-term momentum is improving, while the broader trend remains under pressure.
1. Daily Pivot Levels — BSE Sensex
| Level | Value |
|---|---|
| Last Close | 74,151 |
| S3 | 72,516 |
| S2 | 72,849 |
| S1 | 73,500 |
| Centre Pivot | 73,833 |
| R1 | 74,484 |
| R2 | 74,817 |
| R3 | 75,468 |
| Relative Strength (RS) | 61.2 |
| Dynamic Trend Date | 29-10-2026 |
| DRV / 8 SMA | 73,567 |
| Dynamic Trend | Up |
| Lagging Trend | Down |
2. Moving-Average Structure
| Indicator | Level | Trend |
|---|---|---|
| Last Close | 74,151 | — |
| 5 EMA | 73,670 | Up |
| 12 EMA | 73,512 | Up |
| 26 EMA | 73,683 | Up |
| 50 EMA | 74,386 | Down |
| 200-day EMA | 76,949 | Down |
Interpretation: The Sensex is trading above its short-term moving averages, supporting the ongoing recovery. However, the 50 EMA at 74,386 represents immediate overhead resistance, while the 200-day EMA at 76,949 remains a major long-term hurdle.
3. Trading Decision Levels
Above 74,484 — Bullish Trigger
A sustained move above R1 would strengthen the recovery. R2 at 74,817 and R3 at 75,468 are the subsequent resistance levels.
At 73,833 — Pivot Decision Level
Holding above the Centre Pivot would favour the recovery. A sustained move below this level would weaken the short-term setup.
Below 73,500 — Bearish Warning
A breakdown below S1 would signal renewed weakness, with S2 at 72,849 and S3 at 72,516 serving as the next downside reference levels.
4. Index Confirmation: NIFTY 50 and Bank NIFTY
| Indicator | NIFTY 50 | Bank NIFTY |
|---|---|---|
| Last Close | 22,937 | 54,910 |
| 5 EMA | 22,797 — Up | 54,573 — Up |
| 12 EMA | 22,776 — Up | 54,776 — Up |
| 26 EMA | 22,890 — Up | 55,164 — Down |
| 50 EMA | 23,164 — Down | 55,685 — Down |
| 200-day EMA | 23,918 — Down | 56,338 — Down |
Both indices show signs of a short-term recovery but remain below their respective 50 EMA and 200-day EMA. This supports a cautious recovery outlook rather than confirming a broad-market bullish reversal.
5. Final Daily Decision
WAIT — CONFIRMATION ABOVE R1
- Bullish confirmation: Sustained move above 74,484.
- Immediate resistance: 74,386–74,484.
- Short-term support: 73,833, followed by 73,500.
- Downside warning: Below 73,500.
- Broader trend: Remains weak below the 50 EMA and 200-day EMA.
Overall View: The Sensex is attempting a short-term recovery, but the daily trend has not turned fully bullish. Confirmation above R1 would be preferable before treating the move as a stronger upward breakout.
All levels are based on the supplied inputs and have not been independently verified against live market data. Pivot levels and moving averages are decision references, not guaranteed support or resistance levels.
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