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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (December 25, 2023 – December 29, 2023)

Gail closed the previous week on a negative note losing 11.95%.

Technically, Gail share price will see immediate support at 139.85 and immediate resistance would be seen at 158.15.

If Gail share price closes below immediate support of 139.85, then sharp breakdown can be seen. Gail share price will see major support at 128.20 for the week.

On the positive side, immediate resistance will be seen at 158.15. Closing above 158.15, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 164.80 for the week.

Trading range for Gail share price for this week should be between 121.55 on down side and 176.45 on up side.

Gail Previous Week High: 153.15

Gail Previous Week Low: 134.85

Gail Previous Week Range: 18.3 Points

Gail share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 176.45
Resistance 2 164.80
Resistance 1 158.15
Support 1 139.85
Support 2 128.20
Support 3 121.55
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