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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (December 18, 2023 – December 22, 2023)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 4.85%.

Technically, Power Grid share price will see immediate support at 229.90 and immediate resistance would be seen at 241.45.

If Power Grid share price closes below immediate support of 229.90, then sharp breakdown can be seen. Power Grid share price will see major support at 222.45 for the week.

On the positive side, immediate resistance will be seen at 241.45. Closing above 241.45, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 245.55 for the week.

Trading range for Power Grid share price for this week should be between 218.35 on down side and 253.00 on up side.

Power Grid Previous Week High: 238.1

Power Grid Previous Week Low: 226.55

Power Grid Previous Week Range: 11.55 Points

Power Grid share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 253.00
Resistance 2 245.55
Resistance 1 241.45
Support 1 229.90
Support 2 222.45
Support 3 218.35
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{"buy_point":[{"en_ltd":"2023-11-22","en_sup_p_91":"211.13","en_sup_t_91":"206.78","prev_close":"208.95","en_close":"211.60","new_date":"Nov 22","prev_close_no":208}],"sell_point":[{"en_ltd":"2023-11-16","en_sup_p_91":"209.29","en_sup_t_91":"211.13","prev_close":"210.15","en_close":"207.20","new_date":"Nov 16","prev_close_no":210}]}

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