Bhel Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Bhel closed the previous week on a negative note losing 8.85%

Technically, Bhel share price will see immediate support at 97.27 and immediate resistance would be seen at 106.47

If Bhel share price closes below immediate support of 97.27, then sharp breakdown can be seen. Bhel share price will see major support at 91.43 for the week.

On the positive side, immediate resistance will be seen at 106.47. Closing above 106.47, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 109.83 for the week.

Trading range for Bhel share price for this week should be between 88.07 on down side and 115.67 on up side.

Bhel Previous Week High: 104

Bhel Previous Week Low: 94.8

Bhel Previous Week Range: 9.2 Points

Bhel share price support and resistance for the week (July 31, 2023 – August 04, 2023)