BHEL Outlook for the Week (December 23, 2024 – December 27, 2024)
Bharat Heavy Electricals closed the previous week on a negative note losing -3.07%.
Technically, Bharat Heavy Electricals share price will see immediate support at 228.03 and immediate resistance would be seen at 246.53.
If Bharat Heavy Electricals share price closes below immediate support of 228.03, then sharp breakdown can be seen. Bharat Heavy Electricals share price will see major support at 220.77 for the week.
On the positive side, immediate resistance will be seen at 246.53. Closing above 246.53, Bharat Heavy Electricals share price will see a sharp breakout. Major resistance for Bharat Heavy Electricals share price will be seen at 257.77 for the week.
Trading range for Bharat Heavy Electricals share price for this week should be between 209.53 on down side and 265.03 on up side.
Bharat Heavy Electricals Previous Week Open: 242.75
Bharat Heavy Electricals Previous Week High: 250.5
Bharat Heavy Electricals Previous Week Low: 232
Bharat Heavy Electricals Previous Week Close: 235.3
Bharat Heavy Electricals Previous Week Range: 18.5 Points
Bharat Heavy Electricals share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 265.03 |
| Resistance 2 | 257.77 |
| Resistance 1 | 246.53 |
| Support 1 | 228.03 |
| Support 2 | 220.77 |
| Support 3 | 209.53 |
