Overall Technical outlook

Price Summary

On 2025-05-30, POWERGRID's stock started at 292.0, reached a high of 294.65, fell to 288.25, and ended -0.77% down at 289.75, with 21784763 shares traded.
In the last 52 weeks, the stock's top price was 365.45 and the bottom price was 250.85.
24 analysts forecast that the price of POWERGRID will range from 241.0 to 396.0, with an average expected price near 329.83334.

Technicals

Support and Resistance: At 289.75, the price is held up by support at 287.6 and faces resistance at 299.65 for POWERGRID. This suggests a trading range where 287.6 provides a base and 299.65 limits upward movement.
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Support/Resistance for POWERGRID


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Power Grid Corporation of India Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Power Grid Corporation of India Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for Power Grid Corporation of India Limited


Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher.
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Parabolic Stop and Reverse chart for Power Grid Corporation of India Limited


Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments.
POWERGRID stoch 91d076
Stochastic chart for Power Grid Corporation of India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Tripple SMA chart for Power Grid Corporation of India Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.