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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (December 18, 2023 – December 22, 2023)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 5.34%.

Technically, Bhel share price will see immediate support at 176.47 and immediate resistance would be seen at 186.42.

If Bhel share price closes below immediate support of 176.47, then sharp breakdown can be seen. Bhel share price will see major support at 171.38 for the week.

On the positive side, immediate resistance will be seen at 186.42. Closing above 186.42, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 191.28 for the week.

Trading range for Bhel share price for this week should be between 166.52 on down side and 196.37 on up side.

Bhel Previous Week High: 186.2

Bhel Previous Week Low: 176.25

Bhel Previous Week Range: 9.95 Points

Bhel share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 196.37
Resistance 2 191.28
Resistance 1 186.42
Support 1 176.47
Support 2 171.38
Support 3 166.52
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{"buy_point":[{"en_ltd":"2023-11-13","en_sup_p_91":"129.15","en_sup_t_91":"128.49","prev_close":"129.00","en_close":"136.50","new_date":"Nov 13","prev_close_no":129}],"sell_point":[{"en_ltd":"2023-11-08","en_sup_p_91":"125.74","en_sup_t_91":"131.75","prev_close":"128.95","en_close":"125.30","new_date":"Nov 8","prev_close_no":128}]}

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