Stock analysis Power Grid Corporation of India Limited POWERGRID

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Moving Averages for Power Grid Corporation of India Limited

5Day Average: 300.85
12Day Average: 306.46
20Day Average: 311.18
50Day Average: 320.08
100Day Average: 327.17
150Day Average: 330.84
200Day Average: 323.45

POWERGRID Indicators & signals

Indicator MACD (12,26,9)

305.51, 312.36, -5.11
Indicator MACD is in negative zone

Indicator ADX (14)

57.58, 9.79, 36.36
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of POWERGRID Power Grid Corporation of India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
13 Mon Jan 2025	287.60	286.75 to 298.55	-4.04%	2.37 times
10 Fri Jan 2025	299.70	298.50 to 305.25	-1.82%	0.8 times
09 Thu Jan 2025	305.25	303.65 to 306.90	-0.46%	1 times
08 Wed Jan 2025	306.65	303.00 to 307.85	0.52%	0.84 times
07 Tue Jan 2025	305.05	303.00 to 310.70	-0.31%	1.23 times
06 Mon Jan 2025	306.00	304.80 to 316.50	-3.18%	0.82 times
03 Fri Jan 2025	316.05	313.65 to 318.00	0.29%	0.93 times
02 Thu Jan 2025	315.15	308.75 to 317.20	1.53%	1.31 times
01 Wed Jan 2025	310.40	305.90 to 311.35	0.55%	0.52 times
31 Tue Dec 2024	308.70	305.15 to 309.75	0.37%	1.02 times
30 Mon Dec 2024	307.55	306.30 to 312.00	-0.6%	1.52 times
27 Fri Dec 2024	309.40	308.80 to 312.30	-0.29%	0.49 times

Technical analysis forecast for Power Grid Corporation of India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Power Grid Corporation of India Limited POWERGRID at this time. Stock is falling and might fall more.

It appears as if Power Grid Corporation of India Limited POWERGRID gave a large move recently.

Stock of Power Grid Corporation of India Limited (POWERGRID) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Power Grid Corporation of India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 290.4, for a target of 301.1 or 309.98

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