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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (January 08, 2024 – January 12, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 4.24%.

Technically, Power Grid share price will see immediate support at 235.57 and immediate resistance would be seen at 245.97.

If Power Grid share price closes below immediate support of 235.57, then sharp breakdown can be seen. Power Grid share price will see major support at 229.88 for the week.

On the positive side, immediate resistance will be seen at 245.97. Closing above 245.97, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 250.68 for the week.

Trading range for Power Grid share price for this week should be between 225.17 on down side and 256.37 on up side.

Power Grid Previous Week High: 245

Power Grid Previous Week Low: 234.6

Power Grid Previous Week Range: 10.4 Points

Power Grid share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 256.37
Resistance 2 250.68
Resistance 1 245.97
Support 1 235.57
Support 2 229.88
Support 3 225.17
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{"buy_point":[{"en_ltd":"2023-12-28","en_sup_p_91":"234.57","en_sup_t_91":"231.20","prev_close":"234.05","en_close":"239.10","new_date":"Dec 28","prev_close_no":234}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"228.92","en_sup_t_91":"236.94","prev_close":"233.55","en_close":"227.15","new_date":"Dec 20","prev_close_no":233}]}

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