POWERGRID Outlook for the Week (December 23, 2024 – December 27, 2024)
Power Grid Corporation of India closed the previous week on a negative note losing -5.41%.
Technically, Power Grid Corporation of India share price will see immediate support at 307.52 and immediate resistance would be seen at 330.17.
If Power Grid Corporation of India share price closes below immediate support of 307.52, then sharp breakdown can be seen. Power Grid Corporation of India share price will see major support at 299.23 for the week.
On the positive side, immediate resistance will be seen at 330.17. Closing above 330.17, 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 344.53 for the week.
Trading range for Power Grid Corporation of India share price for this week should be between 284.87 on down side and 352.82 on up side.
Power Grid Corporation of India Previous Week Open: 333.85
Power Grid Corporation of India Previous Week High: 336.25
Power Grid Corporation of India Previous Week Low: 313.6
Power Grid Corporation of India Previous Week Close: 315.8
Power Grid Corporation of India Previous Week Range: 22.65 Points
Power Grid Corporation of India share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 352.82 |
| Resistance 2 | 344.53 |
| Resistance 1 | 330.17 |
| Support 1 | 307.52 |
| Support 2 | 299.23 |
| Support 3 | 284.87 |
