BEL Outlook for the Week (December 23, 2024 – December 27, 2024)
Bharat Electronics closed the previous week on a negative note losing -7.90%.
Technically, Bharat Electronics share price will see immediate support at 280.58 and immediate resistance would be seen at 309.88.
If Bharat Electronics share price closes below immediate support of 280.58, then sharp breakdown can be seen. Bharat Electronics share price will see major support at 270.32 for the week.
On the positive side, immediate resistance will be seen at 309.88. Closing above 309.88, Bharat Electronics share price will see a sharp breakout. Major resistance for Bharat Electronics share price will be seen at 328.92 for the week.
Trading range for Bharat Electronics share price for this week should be between 251.28 on down side and 339.18 on up side.
Bharat Electronics Previous Week Open: 315.8
Bharat Electronics Previous Week High: 318.65
Bharat Electronics Previous Week Low: 289.35
Bharat Electronics Previous Week Close: 290.85
Bharat Electronics Previous Week Range: 29.3 Points
Bharat Electronics share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 339.18 |
| Resistance 2 | 328.92 |
| Resistance 1 | 309.88 |
| Support 1 | 280.58 |
| Support 2 | 270.32 |
| Support 3 | 251.28 |
