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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (December 18, 2023 – December 22, 2023)

Gail closed the previous week on a negative note losing 7.48%.

Technically, Gail share price will see immediate support at 139.52 and immediate resistance would be seen at 150.67.

If Gail share price closes below immediate support of 139.52, then sharp breakdown can be seen. Gail share price will see major support at 133.18 for the week.

On the positive side, immediate resistance will be seen at 150.67. Closing above 150.67, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 155.48 for the week.

Trading range for Gail share price for this week should be between 128.37 on down side and 161.82 on up side.

Gail Previous Week High: 149.15

Gail Previous Week Low: 138

Gail Previous Week Range: 11.15 Points

Gail share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 161.82
Resistance 2 155.48
Resistance 1 150.67
Support 1 139.52
Support 2 133.18
Support 3 128.37
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