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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (December 11, 2023 – December 15, 2023)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 7.38%.

Technically, Bhel share price will see immediate support at 170.20 and immediate resistance would be seen at 183.80.

If Bhel share price closes below immediate support of 170.20, then sharp breakdown can be seen. Bhel share price will see major support at 163.70 for the week.

On the positive side, immediate resistance will be seen at 183.80. Closing above 183.80, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 190.90 for the week.

Trading range for Bhel share price for this week should be between 156.60 on down side and 197.40 on up side.

Bhel Previous Week High: 184.4

Bhel Previous Week Low: 170.8

Bhel Previous Week Range: 13.6 Points

Bhel share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 197.40
Resistance 2 190.90
Resistance 1 183.80
Support 1 170.20
Support 2 163.70
Support 3 156.60
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