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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (October 23, 2023 – October 27, 2023)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 6.84%.

Technically, Bhel share price will see immediate support at 121.93 and immediate resistance would be seen at 131.08.

If Bhel share price closes below immediate support of 121.93, then sharp breakdown can be seen. Bhel share price will see major support at 118.67 for the week.

On the positive side, immediate resistance will be seen at 131.08. Closing above 131.08, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 136.97 for the week.

Trading range for Bhel share price for this week should be between 112.78 on down side and 140.23 on up side.

Bhel Previous Week High: 133.7

Bhel Previous Week Low: 124.55

Bhel Previous Week Range: 9.15 Points

Bhel share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 140.23
Resistance 2 136.97
Resistance 1 131.08
Support 1 121.93
Support 2 118.67
Support 3 112.78
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{"buy_point":[{"en_ltd":"2023-09-29","en_sup_p_91":"129.98","en_sup_t_91":"124.58","prev_close":"126.65","en_close":"131.00","new_date":"Sep 29","prev_close_no":126}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"127.65","en_sup_t_91":"131.66","prev_close":"129.20","en_close":"125.20","new_date":"Oct 20","prev_close_no":129},{"en_ltd":"2023-09-12","en_sup_p_91":"137.59","en_sup_t_91":"140.43","prev_close":"139.85","en_close":"125.65","new_date":"Sep 12","prev_close_no":139}]}

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