Sensex day before yesterday hit the Gann level of 82906 which was very important swing level. The bottom was formed around the level of 82861 at 11:30 am. Thereafter we saw a good recovery till the Gann level of 83938 actual high was 84258. This high was not sustained as we saw profit booking below the Gann Level of 83938. Intermittent Gann Swing level is 83422 which was hit yesterday with actual low coming in at 83263. As long as we stay above 83422 we may see recovery. If we break 83422 intraday on expiry day we may see the bottom of 12 Jan 2026 being tested again and chances to break it will be more on further down move sustenance. On the positive side if we continue upwards on Sensex then we can hit 83938 again and if we sustain above it then we may cross 84000 and hit yesterday high.
Intraday players can use the 83765 and 83593 as breakouts on either side for their trading bias today. Not a trading advice use your discretion and always protect your capital first then think of profits.