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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (June 03, 2024 – June 07, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 5.51%.

Technically, Power Grid share price will see immediate support at 302.03 and immediate resistance would be seen at 319.73.

If Power Grid share price closes below immediate support of 302.03, then sharp breakdown can be seen. Power Grid share price will see major support at 294.07 for the week.

On the positive side, immediate resistance will be seen at 319.73. Closing above 319.73, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 329.47 for the week.

Trading range for Power Grid share price for this week should be between 284.33 on down side and 337.43 on up side.

Power Grid Previous Week High: 321.5

Power Grid Previous Week Low: 303.8

Power Grid Previous Week Range: 17.7 Points

Power Grid share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type Value
Resistance 3 337.43
Resistance 2 329.47
Resistance 1 319.73
Support 1 302.03
Support 2 294.07
Support 3 284.33
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{"buy_point":[{"en_ltd":"2024-05-13","en_sup_p_91":"306.27","en_sup_t_91":"293.68","prev_close":"303.75","en_close":"306.55","new_date":"May 13","prev_close_no":303}],"sell_point":[{"en_ltd":"2024-05-28","en_sup_p_91":"315.20","en_sup_t_91":"324.54","prev_close":"317.95","en_close":"312.80","new_date":"May 28","prev_close_no":317},{"en_ltd":"2024-05-07","en_sup_p_91":"304.21","en_sup_t_91":"309.99","prev_close":"306.85","en_close":"295.25","new_date":"May 7","prev_close_no":306}]}

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