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BELMARKET OUTLOOKSTOCK OUTLOOK

BEL Outlook for the Week (March 18, 2024 – March 22, 2024)

BEL
BEL
BEL closed the previous week on a negative note losing 17.26%.

Technically, BEL share price will see immediate support at 173.15 and immediate resistance would be seen at 210.50.

If BEL share price closes below immediate support of 173.15, then sharp breakdown can be seen. BEL share price will see major support at 157.45 for the week.

On the positive side, immediate resistance will be seen at 210.50. Closing above 210.50, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 232.15 for the week.

Trading range for BEL share price for this week should be between 135.80 on down side and 247.85 on up side.

BEL Previous Week High: 216.45

BEL Previous Week Low: 179.1

BEL Previous Week Range: 37.35 Points

BEL share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 247.85
Resistance 2 232.15
Resistance 1 210.50
Support 1 173.15
Support 2 157.45
Support 3 135.80
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{"buy_point":[{"en_ltd":"2024-02-14","en_sup_p_91":"180.39","en_sup_t_91":"172.57","prev_close":"176.60","en_close":"181.60","new_date":"Feb 14","prev_close_no":176}],"sell_point":[{"en_ltd":"2024-03-12","en_sup_p_91":"208.49","en_sup_t_91":"212.71","prev_close":"212.55","en_close":"204.25","new_date":"Mar 12","prev_close_no":212}]}

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