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BELMARKET OUTLOOKSTOCK OUTLOOK

BEL Outlook for the Week (February 05, 2024 – February 09, 2024)

BEL
BEL
BEL closed the previous week on a negative note losing 6.27%.

Technically, BEL share price will see immediate support at 179.53 and immediate resistance would be seen at 191.68.

If BEL share price closes below immediate support of 179.53, then sharp breakdown can be seen. BEL share price will see major support at 174.47 for the week.

On the positive side, immediate resistance will be seen at 191.68. Closing above 191.68, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 198.77 for the week.

Trading range for BEL share price for this week should be between 167.38 on down side and 203.83 on up side.

BEL Previous Week High: 193.7

BEL Previous Week Low: 181.55

BEL Previous Week Range: 12.15 Points

BEL share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 203.83
Resistance 2 198.77
Resistance 1 191.68
Support 1 179.53
Support 2 174.47
Support 3 167.38
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{"buy_point":[{"en_ltd":"2023-12-22","en_sup_p_91":"173.22","en_sup_t_91":"166.99","prev_close":"170.65","en_close":"174.80","new_date":"Dec 22","prev_close_no":170}],"sell_point":[{"en_ltd":"2024-01-23","en_sup_p_91":"187.76","en_sup_t_91":"195.71","prev_close":"193.40","en_close":"187.10","new_date":"Jan 23","prev_close_no":193}]}

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