BEL Outlook for the Week (November 18, 2024 – November 22, 2024)
Bharat Electronics closed the previous week on a negative note losing -5.56%.
Technically, Bharat Electronics share price will see immediate support at 269.70 and immediate resistance would be seen at 298.00.
If Bharat Electronics share price closes below immediate support of 269.70, then sharp breakdown can be seen. Bharat Electronics share price will see major support at 258.45 for the week.
On the positive side, immediate resistance will be seen at 298.00. Closing above 298.00, Bharat Electronics share price will see a sharp breakout. Major resistance for Bharat Electronics share price will be seen at 315.05 for the week.
Trading range for Bharat Electronics share price for this week should be between 241.40 on down side and 326.30 on up side.
Bharat Electronics Previous Week Open: 297.5
Bharat Electronics Previous Week High: 303.8
Bharat Electronics Previous Week Low: 275.5
Bharat Electronics Previous Week Close: 280.95
Bharat Electronics Previous Week Range: 28.3 Points
Bharat Electronics share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 326.30 |
| Resistance 2 | 315.05 |
| Resistance 1 | 298.00 |
| Support 1 | 269.70 |
| Support 2 | 258.45 |
| Support 3 | 241.40 |
