POWERGRID Outlook for the Week (November 18, 2024 – November 22, 2024)
Power Grid Corporation of India closed the previous week on a negative note losing -0.46%.
Technically, Power Grid Corporation of India share price will see immediate support at 304.30 and immediate resistance would be seen at 326.20.
If Power Grid Corporation of India share price closes below immediate support of 304.30, then sharp breakdown can be seen. Power Grid Corporation of India share price will see major support at 296.50 for the week.
On the positive side, immediate resistance will be seen at 326.20. Closing above 326.20, Power Grid Corporation of India share price will see a sharp breakout. Major resistance for Power Grid Corporation of India share price will be seen at 340.30 for the week.
Trading range for Power Grid Corporation of India share price for this week should be between 282.40 on down side and 348.10 on up side.
Power Grid Corporation of India Previous Week Open: 313.55
Power Grid Corporation of India Previous Week High: 332.5
Power Grid Corporation of India Previous Week Low: 310.6
Power Grid Corporation of India Previous Week Close: 312.1
Power Grid Corporation of India Previous Week Range: 21.9 Points
Power Grid Corporation of India share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 348.10 |
| Resistance 2 | 340.30 |
| Resistance 1 | 326.20 |
| Support 1 | 304.30 |
| Support 2 | 296.50 |
| Support 3 | 282.40 |
