BEL Outlook for the Week (August 07, 2023 - August 11, 2023)

BEL closed the previous week on a negative note losing 7.32%.

Technically, BEL share price will see immediate support at 122.98 and immediate resistance would be seen at 132.73.

If BEL share price closes below immediate support of 122.98, then sharp breakdown can be seen. BEL share price will see major support at 118.37 for the week.

On the positive side, immediate resistance will be seen at 132.73. Closing above 132.73, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 137.87 for the week.

Trading range for BEL share price for this week should be between 113.23 on down side and 142.48 on up side.

BEL Previous Week High: 133.25

BEL Previous Week Low: 123.5

BEL Previous Week Range: 9.75 Points

BEL share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type	Value
Resistance 3	142.48
Resistance 2	137.87
Resistance 1	132.73
Support 1	122.98
Support 2	118.37
Support 3	113.23

[{"upd_Date":"2023-06-23T00:00:00","price":120.05,"volume":12413343,"Open":123.75,"High":123.9,"Low":119.5},{"upd_Date":"2023-06-26T00:00:00","price":121.4,"volume":17369553,"Open":121,"High":122.55,"Low":120},{"upd_Date":"2023-06-27T00:00:00","price":118.4,"volume":19093714,"Open":122.1,"High":122.6,"Low":117.9},{"upd_Date":"2023-06-28T00:00:00","price":120.75,"volume":61890385,"Open":119.15,"High":122.4,"Low":118.1},{"upd_Date":"2023-06-30T00:00:00","price":125.75,"volume":27973500,"Open":121.4,"High":126.7,"Low":120.75},{"upd_Date":"2023-07-03T00:00:00","price":123.75,"volume":15492508,"Open":126,"High":126,"Low":122.7},{"upd_Date":"2023-07-04T00:00:00","price":122.05,"volume":7595425,"Open":124,"High":124.2,"Low":121.55},{"upd_Date":"2023-07-05T00:00:00","price":121.75,"volume":15615891,"Open":122.55,"High":123.75,"Low":121.05},{"upd_Date":"2023-07-06T00:00:00","price":124.8,"volume":16906327,"Open":122.3,"High":125.1,"Low":121.9},{"upd_Date":"2023-07-07T00:00:00","price":124.05,"volume":22837962,"Open":124.35,"High":125.9,"Low":123.65},{"upd_Date":"2023-07-10T00:00:00","price":123,"volume":9068813,"Open":124.2,"High":124.65,"Low":122.5},{"upd_Date":"2023-07-11T00:00:00","price":127.4,"volume":46215137,"Open":123.45,"High":128.65,"Low":123.4},{"upd_Date":"2023-07-12T00:00:00","price":127.65,"volume":18031857,"Open":128.3,"High":128.5,"Low":126.55},{"upd_Date":"2023-07-13T00:00:00","price":125.5,"volume":12374030,"Open":127.75,"High":128.8,"Low":125},{"upd_Date":"2023-07-14T00:00:00","price":127.15,"volume":9577719,"Open":126,"High":127.5,"Low":124.1},{"upd_Date":"2023-07-17T00:00:00","price":127.15,"volume":9411535,"Open":127.8,"High":128.25,"Low":126.4},{"upd_Date":"2023-07-18T00:00:00","price":127.1,"volume":8994063,"Open":127.7,"High":128.3,"Low":125.25},{"upd_Date":"2023-07-19T00:00:00","price":126.9,"volume":8975718,"Open":127.75,"High":127.75,"Low":126.7},{"upd_Date":"2023-07-20T00:00:00","price":126,"volume":10187180,"Open":127,"High":127.25,"Low":125.55},{"upd_Date":"2023-07-21T00:00:00","price":124.95,"volume":9926528,"Open":126.35,"High":126.65,"Low":124.75},{"upd_Date":"2023-07-24T00:00:00","price":126,"volume":13121674,"Open":125.35,"High":127.75,"Low":125},{"upd_Date":"2023-07-25T00:00:00","price":127.05,"volume":7151050,"Open":126.55,"High":127.2,"Low":125.35},{"upd_Date":"2023-07-26T00:00:00","price":126,"volume":12681896,"Open":127.05,"High":127.35,"Low":125.65},{"upd_Date":"2023-07-27T00:00:00","price":127.25,"volume":11597763,"Open":126.2,"High":128.8,"Low":126},{"upd_Date":"2023-07-28T00:00:00","price":130.15,"volume":37245053,"Open":129.25,"High":131.7,"Low":128},{"upd_Date":"2023-07-31T00:00:00","price":130.7,"volume":16197160,"Open":130.3,"High":131,"Low":128.85},{"upd_Date":"2023-08-01T00:00:00","price":130.45,"volume":17079508,"Open":131,"High":133.25,"Low":130.05},{"upd_Date":"2023-08-02T00:00:00","price":125.35,"volume":20816954,"Open":130.45,"High":130.7,"Low":123.7},{"upd_Date":"2023-08-03T00:00:00","price":124.65,"volume":12415922,"Open":125.55,"High":126.5,"Low":123.5},{"upd_Date":"2023-08-04T00:00:00","price":127.6,"volume":10589274,"Open":126.3,"High":128.05,"Low":125.5}]

[{"XCHNG":"NSE","Upd_Time":"2023-08-04T00:00:00","open_Price":126.3,"High_Price":128.05,"Low_Price":125.5,"Price":127.6,"BBuy_Qty":1667,"BBuy_Price":127.6,"BSell_Qty":0,"BSell_Price":0,"Total_Trade":67089,"Value":1552157625.15,"Volume":12415922,"Oldprice":124.65,"PriceDiff":2.9499999999999886,"change":2.3666265543521767,"Net_TrdQty":10589274,"HI_52_WK":133.25,"LO_52_WK":87,"H52DATE":"2023-08-01T00:00:00","L52DATE":"2023-01-30T00:00:00","sc_group":"A","CompLname":"Bharat Electronics Ltd","Sc_code":"500049","ListInfo":"listed","B52HighAdj":133.25,"b52LowAdj":87,"isin":"INE263A01024","symbol":"BEL"}]

{"buy_point":[{"en_ltd":"2023-06-30","en_sup_p_91":"123.74","en_sup_t_91":"119.88","prev_close":"120.75","en_close":"125.75","new_date":"Jun 30","prev_close_no":120}],"sell_point":[{"en_ltd":"2023-08-02","en_sup_p_91":"128.89","en_sup_t_91":"130.43","prev_close":"130.45","en_close":"125.35","new_date":"Aug 2","prev_close_no":130},{"en_ltd":"2023-06-23","en_sup_p_91":"122.40","en_sup_t_91":"125.13","prev_close":"123.45","en_close":"120.05","new_date":"Jun 23","prev_close_no":123}]}

Download Unicorn Signals App

EquityPandit

BEL Outlook for the Week (August 07, 2023 – August 11, 2023)

Get Daily Prediction & Stocks Tips On Your Mobile

EquityPandit