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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (May 27, 2024 – May 31, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 8.53%.

Technically, Bhel share price will see immediate support at 292.93 and immediate resistance would be seen at 320.43.

If Bhel share price closes below immediate support of 292.93, then sharp breakdown can be seen. Bhel share price will see major support at 280.22 for the week.

On the positive side, immediate resistance will be seen at 320.43. Closing above 320.43, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 335.22 for the week.

Trading range for Bhel share price for this week should be between 265.43 on down side and 347.93 on up side.

Bhel Previous Week High: 322.5

Bhel Previous Week Low: 295

Bhel Previous Week Range: 27.5 Points

Bhel share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 347.93
Resistance 2 335.22
Resistance 1 320.43
Support 1 292.93
Support 2 280.22
Support 3 265.43
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