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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (January 01, 2024 – January 05, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 10.54%.

Technically, Bhel share price will see immediate support at 181.57 and immediate resistance would be seen at 202.62.

If Bhel share price closes below immediate support of 181.57, then sharp breakdown can be seen. Bhel share price will see major support at 169.58 for the week.

On the positive side, immediate resistance will be seen at 202.62. Closing above 202.62, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 211.68 for the week.

Trading range for Bhel share price for this week should be between 160.52 on down side and 223.67 on up side.

Bhel Previous Week High: 199.7

Bhel Previous Week Low: 178.65

Bhel Previous Week Range: 21.05 Points

Bhel share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 223.67
Resistance 2 211.68
Resistance 1 202.62
Support 1 181.57
Support 2 169.58
Support 3 160.52
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{"buy_point":[{"en_ltd":"2023-12-28","en_sup_p_91":"182.31","en_sup_t_91":"179.62","prev_close":"181.95","en_close":"192.60","new_date":"Dec 28","prev_close_no":181}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"178.96","en_sup_t_91":"188.04","prev_close":"184.75","en_close":"172.00","new_date":"Dec 20","prev_close_no":184}]}

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