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Technicals for Power Grid Corporation of India Limited
By MusingTheNews
2025-08-15 20:50
Overall Technical outlook
Price Summary
On 2025-08-14, POWERGRID's stock began at 289.05, peaked at 290.15, dipped to 287.15, and closed up -0.12% at 288.7, with a volume of 8463894 shares. Over the previous 52 weeks, the stock reached a high of 365.45 and a low of 250.85. 23 analysts suggest that POWERGRID's future price will lie between 240.0 and 370.0, with an average expected price of roughly 319.0.
Technicals
Support and Resistance: The price for POWERGRID at 288.7 finds support at 286.75 and resistance at 299.65. This suggests a trading range, where 286.75 serves as a support level and 299.65 acts as a resistance point, potentially capping further gains. Support/Resistance for POWERGRID
Aroon: The AROON 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. Aroon chart for Power Grid Corporation of India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Power Grid Corporation of India Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Power Grid Corporation of India Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Power Grid Corporation of India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages for Power Grid Corporation of India Limited currently indicates a bullish trend, but the declining momentum in the slopes of the 20 and 50 SMAs suggests that this trend may be weakening. The loss of steam in these short-term averages could be a signal that the market is approaching a potential reversal, with a bearish shift in price action possibly on the horizon. Tripple SMA chart for Power Grid Corporation of India Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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