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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (February 12, 2024 – February 16, 2024)

Gail closed the previous week on a negative note losing 9.84%.

Technically, Gail share price will see immediate support at 165.33 and immediate resistance would be seen at 183.68.

If Gail share price closes below immediate support of 165.33, then sharp breakdown can be seen. Gail share price will see major support at 157.57 for the week.

On the positive side, immediate resistance will be seen at 183.68. Closing above 183.68, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 194.27 for the week.

Trading range for Gail share price for this week should be between 146.98 on down side and 202.03 on up side.

Gail Previous Week High: 186.5

Gail Previous Week Low: 168.15

Gail Previous Week Range: 18.35 Points

Gail share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 202.03
Resistance 2 194.27
Resistance 1 183.68
Support 1 165.33
Support 2 157.57
Support 3 146.98
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