Signals, Powered By EquityPandit
BEL closed the previous week on a negative note losing 3.93%.
Technically, BEL share price will see immediate support at 229.83 and immediate resistance would be seen at 239.28.
If BEL share price closes below immediate support of 229.83, then sharp breakdown can be seen. BEL share price will see major support at 225.57 for the week.
On the positive side, immediate resistance will be seen at 239.28. Closing above 239.28, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 244.47 for the week.
Trading range for BEL share price for this week should be between 220.38 on down side and 248.73 on up side.
BEL Previous Week High: 240.2
BEL Previous Week Low: 230.75
BEL Previous Week Range: 9.45 Points
BEL share price support and resistance for the week (May 06, 2024 – May 10, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 248.73 |
| Resistance 2 | 244.47 |
| Resistance 1 | 239.28 |
| Support 1 | 229.83 |
| Support 2 | 225.57 |
| Support 3 | 220.38 |
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