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BELMARKET OUTLOOKSTOCK OUTLOOK

BEL Outlook for the Week (September 25, 2023 – September 29, 2023)

BEL
BEL
BEL closed the previous week on a negative note losing 7.55%.

Technically, BEL share price will see immediate support at 131.73 and immediate resistance would be seen at 142.68.

If BEL share price closes below immediate support of 131.73, then sharp breakdown can be seen. BEL share price will see major support at 127.42 for the week.

On the positive side, immediate resistance will be seen at 142.68. Closing above 142.68, BEL share price will see a sharp breakout. Major resistance for BEL share price will be seen at 149.32 for the week.

Trading range for BEL share price for this week should be between 120.78 on down side and 153.63 on up side.

BEL Previous Week High: 145

BEL Previous Week Low: 134.05

BEL Previous Week Range: 10.95 Points

BEL share price support and resistance for the week (September 25, 2023 – September 29, 2023)

Level Type Value
Resistance 3 153.63
Resistance 2 149.32
Resistance 1 142.68
Support 1 131.73
Support 2 127.42
Support 3 120.78

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