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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (May 06, 2024 – May 10, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 13.67%.

Technically, Bhel share price will see immediate support at 280.43 and immediate resistance would be seen at 323.93.

If Bhel share price closes below immediate support of 280.43, then sharp breakdown can be seen. Bhel share price will see major support at 255.87 for the week.

On the positive side, immediate resistance will be seen at 323.93. Closing above 323.93, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 342.87 for the week.

Trading range for Bhel share price for this week should be between 236.93 on down side and 367.43 on up side.

Bhel Previous Week High: 318.3

Bhel Previous Week Low: 274.8

Bhel Previous Week Range: 43.5 Points

Bhel share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 367.43
Resistance 2 342.87
Resistance 1 323.93
Support 1 280.43
Support 2 255.87
Support 3 236.93
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