BEL closed the previous week on a negative note losing 3.40%.
Technically, BEL share price will see immediate support at 136.58 and immediate resistance would be seen at 141.38.
If BEL share price closes below immediate support of 136.58, then sharp breakdown can be seen. BEL share price will see major support at 134.17 for the week.
On the positive side, immediate resistance will be seen at 141.38. Closing above 141.38, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 143.77 for the week.
Trading range for BEL share price for this week should be between 131.78 on down side and 146.18 on up side.
BEL Previous Week High: 141.35
BEL Previous Week Low: 136.55
BEL Previous Week Range: 4.8 Points
BEL share price support and resistance for the week (October 09, 2023 – October 13, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 146.18 |
| Resistance 2 | 143.77 |
| Resistance 1 | 141.38 |
| Support 1 | 136.58 |
| Support 2 | 134.17 |
| Support 3 | 131.78 |
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