
Technical analysis of Power Grid Corporation of India Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Power Grid Corporation of India Limited is an electric power transmission utility that owns and operates transmission infrastructure in India and internationally. The company operates in three segments: Transmission Services, Telecom Services, and Consultancy Services, managing over 184,000 circuit kilometers of transmission lines and more than 290 substations. It also provides telecom services through optical fiber networks on transmission lines, as well as consultancy services including engineering design, project management, and power system studies.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 18, 2026, computed on the last 12 months of prices.
21 sessions
257.48
−2.77%
50 sessions
262.84
−4.75%
200 sessions
281.72
−11.14%
s2
244.05
Support
s1
247.25
Support
pivot
250.25
Pivot
r1
253.45
Resistance
r2
256.45
Resistance
In the October 18, 2026 session Power Grid Corporation of India Limited closed lower at 250.35 , −0.04% versus the previous session.
The price sits below every moving average observed: −2.77% against the 21-session average, −4.75% against the 50 and −11.14% against the 200.
The 14-period RSI reads 38.7, in neutral territory.
MACD stands at -4.723 against a signal line at -4.484: the histogram is negative (−0.239).
ADX reads 30.4, indicating a marked directionality.
Levels computed on the latest session place supports at 247.25 and 244.05 and resistances at 253.45 and 256.45 , around a pivot of 250.25.
The average daily range (ATR) is 5.075 , or 2.03% of price.
Turnover was 8.9M shares, 90% of the 20-session average.
Over the last twelve months the price ranged between 244.65 and 322.40 , and today stands −22.35% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Power Grid Corporation of India Limited analysed technically?
Technical analysis of Power Grid Corporation of India Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Power Grid Corporation of India Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Power Grid Corporation of India Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Power Grid Corporation of India Limited it helps frame the technical structure of the historical chart and is not a forecast.
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