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Technicals for Power Grid Corporation of India Limited
By MusingTheNews
2025-07-16 20:50
Overall Technical outlook
Price Summary
Power Grid Corporation of India Limited's stock started trading at 298.1 on 2025-07-15, climbed to 300.0, fell to 296.85, and closed -0.02% down at 298.05, with 6172096 shares traded. The highest price the stock achieved in the past 52 weeks is 365.45, while the lowest price it saw is 250.85. Analysts expect the price of POWERGRID to vary between 242.0 and 396.0, with an average expected price near 323.20834.
Technicals
Support and Resistance: The price for POWERGRID is 298.05, with support at 283.95 and resistance at 302.35. This suggests a range where 283.95 acts as a base, preventing declines, and 302.35 caps gains, defining key trading levels. Support/Resistance for POWERGRID
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Power Grid Corporation of India Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Power Grid Corporation of India Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Power Grid Corporation of India Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Power Grid Corporation of India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for POWERGRID, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Power Grid Corporation of India Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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