Power Grid Outlook for the Week (August 28, 2023 - September 01, 2023)

Power Grid closed the previous week on a negative note losing 4.45%.

Technically, Power Grid share price will see immediate support at 238.05 and immediate resistance would be seen at 249.30.

If Power Grid share price closes below immediate support of 238.05, then sharp breakdown can be seen. Power Grid share price will see major support at 234.10 for the week.

On the positive side, immediate resistance will be seen at 249.30. Closing above 249.30, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 256.60 for the week.

Trading range for Power Grid share price for this week should be between 226.80 on down side and 260.55 on up side.

Power Grid Previous Week High: 252.65

Power Grid Previous Week Low: 241.4

Power Grid Previous Week Range: 11.25 Points

Power Grid share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type	Value
Resistance 3	260.55
Resistance 2	256.60
Resistance 1	249.30
Support 1	238.05
Support 2	234.10
Support 3	226.80

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{"buy_point":[{"en_ltd":"2023-08-16","en_sup_p_91":"246.90","en_sup_t_91":"240.49","prev_close":"244.50","en_close":"248.05","new_date":"Aug 16","prev_close_no":244},{"en_ltd":"2023-07-24","en_sup_p_91":"247.00","en_sup_t_91":"239.93","prev_close":"244.10","en_close":"247.45","new_date":"Jul 24","prev_close_no":244}],"sell_point":[{"en_ltd":"2023-08-01","en_sup_p_91":"256.87","en_sup_t_91":"263.49","prev_close":"266.05","en_close":"251.80","new_date":"Aug 1","prev_close_no":266}]}

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Power Grid Outlook for the Week (August 28, 2023 – September 01, 2023)

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