Gail Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Gail closed the previous week on a negative note losing 5.67%

Technically, Gail share price will see immediate support at 113.28 and immediate resistance would be seen at 119.98

If Gail share price closes below immediate support of 113.28, then sharp breakdown can be seen. Gail share price will see major support at 109.07 for the week.

On the positive side, immediate resistance will be seen at 119.98. Closing above 119.98, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 122.47 for the week.

Trading range for Gail share price for this week should be between 106.58 on down side and 126.68 on up side.

Gail Previous Week High: 118.25

Gail Previous Week Low: 111.55

Gail Previous Week Range: 6.7 Points

Gail share price support and resistance for the week (July 31, 2023 – August 04, 2023)