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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (April 29, 2024 – May 03, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 9.58%.

Technically, Bhel share price will see immediate support at 261.75 and immediate resistance would be seen at 288.70.

If Bhel share price closes below immediate support of 261.75, then sharp breakdown can be seen. Bhel share price will see major support at 244.65 for the week.

On the positive side, immediate resistance will be seen at 288.70. Closing above 288.70, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 298.55 for the week.

Trading range for Bhel share price for this week should be between 234.80 on down side and 315.65 on up side.

Bhel Previous Week High: 281.45

Bhel Previous Week Low: 254.5

Bhel Previous Week Range: 26.95 Points

Bhel share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 315.65
Resistance 2 298.55
Resistance 1 288.70
Support 1 261.75
Support 2 244.65
Support 3 234.80
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