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Technicals for Power Grid Corporation of India Limited
By MusingTheNews
2025-09-04 20:39
Overall Technical outlook
Price Summary
On 2025-09-04, POWERGRID's stock started at 286.85, reached a high of 287.95, fell to 280.9, and ended -1.76% lower at 281.8, with 5945309 shares traded. During the past 52 weeks, the highest stock price was 365.45, and the lowest was 250.85. According to 23 analysts, the price of POWERGRID in the future is projected to be between 240.0 and 370.0, with an average expected price of 319.0.
Technicals
Support and Resistance: The price for POWERGRID at 281.8 is supported by the 275.25 level and faces resistance at 286.75. This range indicates key levels where the price may find buyers near 275.25 and sellers near 286.75, defining a trading range. Support/Resistance for POWERGRID
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Power Grid Corporation of India Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Power Grid Corporation of India Limited
Parabolic SAR: The PSAR for POWERGRID maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Power Grid Corporation of India Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Power Grid Corporation of India Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Power Grid Corporation of India Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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