Sensex Likely to Open Firm as Buying Momentum Continues but Faces Resistance

By PaisaKawach Team | August 22, 2025

Sensex Likely to Open Firm as Buying Momentum Continues but Faces Resistance

The BSE Sensex closed at approximately ₹82,000 on August 21, 2025, marking a gain of around 142 points (~0.17%) from the previous day. The index reflects continued buying interest amid sustained bullish sentiment as it marked its sixth consecutive day of gains.

Pre-Market Sentiment & Global Context

Early futures suggest a steady start for the Sensex today. The upward momentum is supported by positive domestic flows and broadly stable global cues. Nonetheless, traders remain watchful ahead of potential volatility from global central bank developments, particularly the Jackson Hole symposium.

Sensex candlestick chart showing support at 81,800 and resistance at 82,300 on August 22, 2025

Key Technical Levels to Watch

  • Support zone: A floor near ₹81,800–₹81,900 appears critical to maintain short-term momentum.
  • Resistance zone: Near-term resistance likely lies in the ₹82,100–₹82,300 band, where profit-taking may emerge.

Short-Term Technical Forecast

If the Sensex holds support near ₹81,900, it may attempt to challenge resistance in the ₹82,100–₹82,300 range. A successful breakout above ₹82,300 could add momentum toward the ₹82,500 zone. On the downside, a drop below ₹81,800 may invite consolidation or mild weakness around ₹81,600–₹81,500.

For example, a sustained move above ₹82,100 could open the door to ₹82,300-₹82,500, while a slip below ₹81,800 might test support at ₹81,600-₹81,500.

Outlook for August 22, 2025

Overall, the market tone suggests a cautiously bullish opening for the Sensex, buoyed by fresh buying interest. However, the index is likely to remain range-bound unless global cues or macro triggers influence sentiment. A wait-and-watch approach may serve traders well until more decisive moves emerge.

Trading Considerations

  • Bullish traders: A clean move above ₹82,100 could be an opportunity to target ₹82,300–₹82,500, with a stop near ₹81,900.
  • Conservative bears: A break below ₹81,800 may provide a short entry towards ₹81,600–₹81,500, with tight stops above ₹81,900.
  • Stick close to global developments, especially from the U.S., alongside domestic bond yields and earnings momentum.

Conclusion

The Sensex appears set for another measured—but optimistic—session on August 22. Holding above ₹81,800 will be key to preserving the bullish bias, while a breakout above ₹82,100 may pave the path higher toward ₹82,500. Meanwhile, a breach of support could lead to a modest retracement in the mid-₹81,000s.

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Disclaimer: This article is based on publicly available information from various online sources. We do not claim absolute accuracy or completeness. Readers are advised to cross-check facts independently before forming conclusions.


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