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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (October 30, 2023 – November 03, 2023)

Gail closed the previous week on a negative note losing 6.82%.

Technically, Gail share price will see immediate support at 114.93 and immediate resistance would be seen at 123.48.

If Gail share price closes below immediate support of 114.93, then sharp breakdown can be seen. Gail share price will see major support at 111.62 for the week.

On the positive side, immediate resistance will be seen at 123.48. Closing above 123.48, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 128.72 for the week.

Trading range for Gail share price for this week should be between 106.38 on down side and 132.03 on up side.

Gail Previous Week High: 125.4

Gail Previous Week Low: 116.85

Gail Previous Week Range: 8.55 Points

Gail share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 132.03
Resistance 2 128.72
Resistance 1 123.48
Support 1 114.93
Support 2 111.62
Support 3 106.38
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{"buy_point":[{"en_ltd":"2023-10-12","en_sup_p_91":"124.83","en_sup_t_91":"123.84","prev_close":"123.55","en_close":"129.35","new_date":"Oct 12","prev_close_no":123}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"128.22","en_sup_t_91":"129.54","prev_close":"129.30","en_close":"125.05","new_date":"Oct 20","prev_close_no":129}]}

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