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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (February 12, 2024 – February 16, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 7.81%.

Technically, Power Grid share price will see immediate support at 263.40 and immediate resistance would be seen at 286.00.

If Power Grid share price closes below immediate support of 263.40, then sharp breakdown can be seen. Power Grid share price will see major support at 253.80 for the week.

On the positive side, immediate resistance will be seen at 286.00. Closing above 286.00, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 299.00 for the week.

Trading range for Power Grid share price for this week should be between 240.80 on down side and 308.60 on up side.

Power Grid Previous Week High: 289.4

Power Grid Previous Week Low: 266.8

Power Grid Previous Week Range: 22.6 Points

Power Grid share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 308.60
Resistance 2 299.00
Resistance 1 286.00
Support 1 263.40
Support 2 253.80
Support 3 240.80
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