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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (February 05, 2024 – February 09, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 12.88%.

Technically, Power Grid share price will see immediate support at 254.37 and immediate resistance would be seen at 290.62.

If Power Grid share price closes below immediate support of 254.37, then sharp breakdown can be seen. Power Grid share price will see major support at 231.63 for the week.

On the positive side, immediate resistance will be seen at 290.62. Closing above 290.62, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 304.13 for the week.

Trading range for Power Grid share price for this week should be between 218.12 on down side and 326.87 on up side.

Power Grid Previous Week High: 281.4

Power Grid Previous Week Low: 245.15

Power Grid Previous Week Range: 36.25 Points

Power Grid share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 326.87
Resistance 2 304.13
Resistance 1 290.62
Support 1 254.37
Support 2 231.63
Support 3 218.12
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