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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (November 27, 2023 – December 01, 2023)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 12.36%.

Technically, Bhel share price will see immediate support at 140.50 and immediate resistance would be seen at 159.70.

If Bhel share price closes below immediate support of 140.50, then sharp breakdown can be seen. Bhel share price will see major support at 128.75 for the week.

On the positive side, immediate resistance will be seen at 159.70. Closing above 159.70, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 167.15 for the week.

Trading range for Bhel share price for this week should be between 121.30 on down side and 178.90 on up side.

Bhel Previous Week High: 155.4

Bhel Previous Week Low: 136.2

Bhel Previous Week Range: 19.2 Points

Bhel share price support and resistance for the week (November 27, 2023 – December 01, 2023)

Level Type Value
Resistance 3 178.90
Resistance 2 167.15
Resistance 1 159.70
Support 1 140.50
Support 2 128.75
Support 3 121.30
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