#sensex

*Sensex Slips 246 Points, Breaks 75,800 Support on 5-Min Chart*

Sensex is trading at 75,763.14, down 246.56 points or 0.32% in today’s afternoon session. The index broke below a key support zone after 2:30 PM IST, triggering fresh selling volume.

*Key Takeaways from the Chart:*

*1. Support Breakdown at 75,800*

The 75,800-75,830 zone was holding Sensex for most of the day. Once it broke with a strong red candle and volume spike, selling accelerated. This level now acts as immediate resistance. A close back above 75,850 is needed to shift momentum.

*2. Descending Triangle Confirmed*

Price was forming a descending triangle between the red falling trendline and flat support. The breakdown confirms bearish continuation. The measured target opens up a move toward 75,500-75,520 if follow-through selling comes in.

*3. 50 EMA Capping Bounces*

The blue 50 EMA has acted as dynamic resistance all session. Every bounce got rejected below it. Until Sensex reclaims the EMA and 76,000, the intraday bias stays weak.

*Levels to Watch:*

- *Resistance*: 75,850, 76,000, 76,200

- *Support*: 75,520, 75,400

- *Volume*: The breakdown candle had the highest volume of the session, confirming seller conviction

*Outlook:*

Sensex is in a short-term pullback after failing to hold 76,000. The breakdown on high volume puts sellers in control for the near term. A recovery above 75,850 would open a retest of 76,200, but a hold below keeps 75,500 in focus.

_Note:

This is technical analysis on the 5-min Sensex chart. Use stops and manage risk, as intraday moves can be sharp._