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BELMARKET OUTLOOKSTOCK OUTLOOK

BEL Outlook for the Week (February 19, 2024 – February 23, 2024)

BEL
BEL
BEL closed the previous week on a negative note losing 9.80%.

Technically, BEL share price will see immediate support at 176.57 and immediate resistance would be seen at 195.22.

If BEL share price closes below immediate support of 176.57, then sharp breakdown can be seen. BEL share price will see major support at 164.83 for the week.

On the positive side, immediate resistance will be seen at 195.22. Closing above 195.22, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 202.13 for the week.

Trading range for BEL share price for this week should be between 157.92 on down side and 213.87 on up side.

BEL Previous Week High: 190.4

BEL Previous Week Low: 171.75

BEL Previous Week Range: 18.65 Points

BEL share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 213.87
Resistance 2 202.13
Resistance 1 195.22
Support 1 176.57
Support 2 164.83
Support 3 157.92
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{"buy_point":[{"en_ltd":"2024-02-14","en_sup_p_91":"180.39","en_sup_t_91":"172.57","prev_close":"176.60","en_close":"181.60","new_date":"Feb 14","prev_close_no":176}],"sell_point":[{"en_ltd":"2024-01-23","en_sup_p_91":"187.76","en_sup_t_91":"195.71","prev_close":"193.40","en_close":"187.10","new_date":"Jan 23","prev_close_no":193}]}

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