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BELMARKET OUTLOOKSTOCK OUTLOOK

BEL Outlook for the Week (June 03, 2024 – June 07, 2024)

BEL
BEL
BEL closed the previous week on a negative note losing 6.00%.

Technically, BEL share price will see immediate support at 286.23 and immediate resistance would be seen at 304.43.

If BEL share price closes below immediate support of 286.23, then sharp breakdown can be seen. BEL share price will see major support at 276.52 for the week.

On the positive side, immediate resistance will be seen at 304.43. Closing above 304.43, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 312.92 for the week.

Trading range for BEL share price for this week should be between 268.03 on down side and 322.63 on up side.

BEL Previous Week High: 303.2

BEL Previous Week Low: 285

BEL Previous Week Range: 18.2 Points

BEL share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type Value
Resistance 3 322.63
Resistance 2 312.92
Resistance 1 304.43
Support 1 286.23
Support 2 276.52
Support 3 268.03
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