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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (May 06, 2024 – May 10, 2024)

Gail closed the previous week on a negative note losing 5.47%.

Technically, Gail share price will see immediate support at 198.88 and immediate resistance would be seen at 210.48.

If Gail share price closes below immediate support of 198.88, then sharp breakdown can be seen. Gail share price will see major support at 193.97 for the week.

On the positive side, immediate resistance will be seen at 210.48. Closing above 210.48, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 217.17 for the week.

Trading range for Gail share price for this week should be between 187.28 on down side and 222.08 on up side.

Gail Previous Week High: 212.25

Gail Previous Week Low: 200.65

Gail Previous Week Range: 11.6 Points

Gail share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 222.08
Resistance 2 217.17
Resistance 1 210.48
Support 1 198.88
Support 2 193.97
Support 3 187.28
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