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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (May 20, 2024 – May 24, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 5.91%.

Technically, Power Grid share price will see immediate support at 301.73 and immediate resistance would be seen at 320.43.

If Power Grid share price closes below immediate support of 301.73, then sharp breakdown can be seen. Power Grid share price will see major support at 290.32 for the week.

On the positive side, immediate resistance will be seen at 320.43. Closing above 320.43, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 327.72 for the week.

Trading range for Power Grid share price for this week should be between 283.03 on down side and 339.13 on up side.

Power Grid Previous Week High: 316.3

Power Grid Previous Week Low: 297.6

Power Grid Previous Week Range: 18.7 Points

Power Grid share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 339.13
Resistance 2 327.72
Resistance 1 320.43
Support 1 301.73
Support 2 290.32
Support 3 283.03
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