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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (March 18, 2024 – March 22, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 20.21%.

Technically, Bhel share price will see immediate support at 196.05 and immediate resistance would be seen at 248.50.

If Bhel share price closes below immediate support of 196.05, then sharp breakdown can be seen. Bhel share price will see major support at 175.35 for the week.

On the positive side, immediate resistance will be seen at 248.50. Closing above 248.50, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 280.25 for the week.

Trading range for Bhel share price for this week should be between 143.60 on down side and 300.95 on up side.

Bhel Previous Week High: 259.55

Bhel Previous Week Low: 207.1

Bhel Previous Week Range: 52.45 Points

Bhel share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 300.95
Resistance 2 280.25
Resistance 1 248.50
Support 1 196.05
Support 2 175.35
Support 3 143.60
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