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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (December 04, 2023 – December 08, 2023)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 14.16%.

Technically, Bhel share price will see immediate support at 155.83 and immediate resistance would be seen at 180.83.

If Bhel share price closes below immediate support of 155.83, then sharp breakdown can be seen. Bhel share price will see major support at 141.17 for the week.

On the positive side, immediate resistance will be seen at 180.83. Closing above 180.83, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 191.17 for the week.

Trading range for Bhel share price for this week should be between 130.83 on down side and 205.83 on up side.

Bhel Previous Week High: 176.5

Bhel Previous Week Low: 151.5

Bhel Previous Week Range: 25 Points

Bhel share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 205.83
Resistance 2 191.17
Resistance 1 180.83
Support 1 155.83
Support 2 141.17
Support 3 130.83
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