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BHELMARKET OUTLOOKSTOCK OUTLOOK

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

Bhel
Bhel
Bhel closed the previous week on a negative note losing 13.64%.

Technically, Bhel share price will see immediate support at 207.08 and immediate resistance would be seen at 238.88.

If Bhel share price closes below immediate support of 207.08, then sharp breakdown can be seen. Bhel share price will see major support at 188.32 for the week.

On the positive side, immediate resistance will be seen at 238.88. Closing above 238.88, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 251.92 for the week.

Trading range for Bhel share price for this week should be between 175.28 on down side and 270.68 on up side.

Bhel Previous Week High: 233.15

Bhel Previous Week Low: 201.35

Bhel Previous Week Range: 31.8 Points

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

Level Type Value
Resistance 3 270.68
Resistance 2 251.92
Resistance 1 238.88
Support 1 207.08
Support 2 188.32
Support 3 175.28
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