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Bhel Outlook for the Week (September 18, 2023 – September 22, 2023)

Bhel closed the previous week on a negative note losing 18.33%.

Technically, Bhel share price will see immediate support at 116.50 and immediate resistance would be seen at 143.80.

If Bhel share price closes below immediate support of 116.50, then sharp breakdown can be seen. Bhel share price will see major support at 105.40 for the week.

On the positive side, immediate resistance will be seen at 143.80. Closing above 143.80, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 160.00 for the week.

Trading range for Bhel share price for this week should be between 89.20 on down side and 171.10 on up side.

Bhel Previous Week High: 148.9

Bhel Previous Week Low: 121.6

Bhel Previous Week Range: 27.3 Points

Bhel share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 171.10
Resistance 2 160.00
Resistance 1 143.80
Support 1 116.50
Support 2 105.40
Support 3 89.20

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