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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (May 27, 2024 – May 31, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 5.72%.

Technically, Power Grid share price will see immediate support at 309.28 and immediate resistance would be seen at 328.03.

If Power Grid share price closes below immediate support of 309.28, then sharp breakdown can be seen. Power Grid share price will see major support at 299.77 for the week.

On the positive side, immediate resistance will be seen at 328.03. Closing above 328.03, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 337.27 for the week.

Trading range for Power Grid share price for this week should be between 290.53 on down side and 346.78 on up side.

Power Grid Previous Week High: 327.75

Power Grid Previous Week Low: 309

Power Grid Previous Week Range: 18.75 Points

Power Grid share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 346.78
Resistance 2 337.27
Resistance 1 328.03
Support 1 309.28
Support 2 299.77
Support 3 290.53
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