As of June 6, 2025, Power Grid Corporation of India Ltd. (NSE: POWERGRID) is trading at approximately ₹294.25. Here's a detailed technical analysis focusing on 15-minute support and resistance levels, along with broader daily pivot points:
📊 15-Minute Technical Summary
Technical Indicators: On the 15-minute timeframe, the overall technical outlook is neutral, indicating a balanced sentiment between buyers and sellers.
🔧 Daily Pivot Points (Classic Method)
These levels are calculated based on the previous day's high, low, and close prices:
Pivot Point: ₹290.78
Support Levels:
S1: ₹286.32
S2: ₹282.73
S3: ₹278.27
Resistance Levels:
R1: ₹294.37
R2: ₹298.83
R3: ₹302.42
📈 Fibonacci Support & Resistance Levels
Based on Fibonacci calculations:
Support Levels:
S1: ₹291.23
S2: ₹290.02
S3: ₹288.05
Resistance Levels:
R1: ₹295.17
R2: ₹296.38
R3: ₹298.35
📌 Trading Insights
Current Price: ₹294.25
Immediate Resistance: ₹295.17 (Fibonacci R1)
Immediate Support: ₹291.23 (Fibonacci S1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹295.17 could signal bullish momentum, while a drop below ₹291.23 might indicate bearish pressure.
📊 15-Minute Technical Summary
Technical Indicators: On the 15-minute timeframe, the overall technical outlook is neutral, indicating a balanced sentiment between buyers and sellers.
🔧 Daily Pivot Points (Classic Method)
These levels are calculated based on the previous day's high, low, and close prices:
Pivot Point: ₹290.78
Support Levels:
S1: ₹286.32
S2: ₹282.73
S3: ₹278.27
Resistance Levels:
R1: ₹294.37
R2: ₹298.83
R3: ₹302.42
📈 Fibonacci Support & Resistance Levels
Based on Fibonacci calculations:
Support Levels:
S1: ₹291.23
S2: ₹290.02
S3: ₹288.05
Resistance Levels:
R1: ₹295.17
R2: ₹296.38
R3: ₹298.35
📌 Trading Insights
Current Price: ₹294.25
Immediate Resistance: ₹295.17 (Fibonacci R1)
Immediate Support: ₹291.23 (Fibonacci S1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹295.17 could signal bullish momentum, while a drop below ₹291.23 might indicate bearish pressure.
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WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.