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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (October 02, 2023 – October 06, 2023)

Gail closed the previous week on a negative note losing 4.00%.

Technically, Gail share price will see immediate support at 121.27 and immediate resistance would be seen at 126.27.

If Gail share price closes below immediate support of 121.27, then sharp breakdown can be seen. Gail share price will see major support at 118.13 for the week.

On the positive side, immediate resistance will be seen at 126.27. Closing above 126.27, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 128.13 for the week.

Trading range for Gail share price for this week should be between 116.27 on down side and 131.27 on up side.

Gail Previous Week High: 125

Gail Previous Week Low: 120

Gail Previous Week Range: 5 Points

Gail share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 131.27
Resistance 2 128.13
Resistance 1 126.27
Support 1 121.27
Support 2 118.13
Support 3 116.27
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