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Below the Quote on Weekly SENSEX Derivatives Expiry by Shilpa Rout, Senior Analyst - Derivates at PL Capital (Prabhudas Lilladher)

The Sensex is likely to remain volatile around the weekly expiry, with the 74,000–73,2000 zone emerging as the immediate support area, while 75,500–75,800 remains the key resistance band. A sustained move above 75,800 would improve the near-term setup, whereas a break below 74,000 could extend the correction towards 73,500.

With crude oil above $100 and geopolitical uncertainty keeping risk appetite subdued, we expect heightened two-way volatility during expiry. The recently introduced Closing Auction Session could further amplify last-minute swings, particularly given the relatively thinner liquidity in Sensex derivatives. Traders should therefore remain cautious with aggressive option-selling strategies around the closing period.”

The 74,000–74,200 support / 75,500–75,800 resistance framework is consistent with current technical readings, while the elevated expiry volatility is particularly relevant after the extreme moves seen during the last Sensex expiry.

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