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MARKET OUTLOOKPOWERGRIDSTOCK OUTLOOK

Power Grid Outlook for the Week (May 06, 2024 – May 10, 2024)

Power Grid
Power Grid
Power Grid closed the previous week on a negative note losing 8.72%.

Technically, Power Grid share price will see immediate support at 294.55 and immediate resistance would be seen at 322.20.

If Power Grid share price closes below immediate support of 294.55, then sharp breakdown can be seen. Power Grid share price will see major support at 278.25 for the week.

On the positive side, immediate resistance will be seen at 322.20. Closing above 322.20, Power Grid share price will see a sharp breakout. Major resistance for Power Grid share price will be seen at 333.55 for the week.

Trading range for Power Grid share price for this week should be between 266.90 on down side and 349.85 on up side.

Power Grid Previous Week High: 317.25

Power Grid Previous Week Low: 289.6

Power Grid Previous Week Range: 27.65 Points

Power Grid share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 349.85
Resistance 2 333.55
Resistance 1 322.20
Support 1 294.55
Support 2 278.25
Support 3 266.90
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