BEL Outlook for the Week (August 28, 2023 - September 01, 2023)

BEL closed the previous week on a negative note losing 7.83%.

Technically, BEL share price will see immediate support at 127.72 and immediate resistance would be seen at 138.52.

If BEL share price closes below immediate support of 127.72, then sharp breakdown can be seen. BEL share price will see major support at 122.03 for the week.

On the positive side, immediate resistance will be seen at 138.52. Closing above 138.52, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 143.63 for the week.

Trading range for BEL share price for this week should be between 116.92 on down side and 149.32 on up side.

BEL Previous Week High: 137.95

BEL Previous Week Low: 127.15

BEL Previous Week Range: 10.8 Points

BEL share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type	Value
Resistance 3	149.32
Resistance 2	143.63
Resistance 1	138.52
Support 1	127.72
Support 2	122.03
Support 3	116.92

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{"buy_point":[{"en_ltd":"2023-08-22","en_sup_p_91":"131.29","en_sup_t_91":"128.32","prev_close":"129.25","en_close":"133.30","new_date":"Aug 22","prev_close_no":129}],"sell_point":[{"en_ltd":"2023-08-18","en_sup_p_91":"128.12","en_sup_t_91":"131.29","prev_close":"128.70","en_close":"127.15","new_date":"Aug 18","prev_close_no":128},{"en_ltd":"2023-08-02","en_sup_p_91":"128.89","en_sup_t_91":"130.43","prev_close":"130.45","en_close":"125.35","new_date":"Aug 2","prev_close_no":130}]}

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BEL Outlook for the Week (August 28, 2023 – September 01, 2023)

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