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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (January 22, 2024 – January 26, 2024)

Gail closed the previous week on a negative note losing 6.77%.

Technically, Gail share price will see immediate support at 160.97 and immediate resistance would be seen at 172.42.

If Gail share price closes below immediate support of 160.97, then sharp breakdown can be seen. Gail share price will see major support at 153.63 for the week.

On the positive side, immediate resistance will be seen at 172.42. Closing above 172.42, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 176.53 for the week.

Trading range for Gail share price for this week should be between 149.52 on down side and 183.87 on up side.

Gail Previous Week High: 169.2

Gail Previous Week Low: 157.75

Gail Previous Week Range: 11.45 Points

Gail share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 183.87
Resistance 2 176.53
Resistance 1 172.42
Support 1 160.97
Support 2 153.63
Support 3 149.52
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