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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (February 26, 2024 – March 01, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 5.88%.

Technically, Bhel share price will see immediate support at 221.83 and immediate resistance would be seen at 235.58.

If Bhel share price closes below immediate support of 221.83, then sharp breakdown can be seen. Bhel share price will see major support at 214.07 for the week.

On the positive side, immediate resistance will be seen at 235.58. Closing above 235.58, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 241.57 for the week.

Trading range for Bhel share price for this week should be between 208.08 on down side and 249.33 on up side.

Bhel Previous Week High: 233.8

Bhel Previous Week Low: 220.05

Bhel Previous Week Range: 13.75 Points

Bhel share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 249.33
Resistance 2 241.57
Resistance 1 235.58
Support 1 221.83
Support 2 214.07
Support 3 208.08
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