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GAILMARKET OUTLOOKSTOCK OUTLOOK

Gail Outlook for the Week (September 04, 2023 – September 08, 2023)

Gail
Gail
Gail closed the previous week on a negative note losing 6.17%.

Technically, Gail share price will see immediate support at 116.63 and immediate resistance would be seen at 124.18.

If Gail share price closes below immediate support of 116.63, then sharp breakdown can be seen. Gail share price will see major support at 111.92 for the week.

On the positive side, immediate resistance will be seen at 124.18. Closing above 124.18, Gail share price will see a sharp breakout. Major resistance for Gail share price will be seen at 127.02 for the week.

Trading range for Gail share price for this week should be between 109.08 on down side and 131.73 on up side.

Gail Previous Week High: 122.3

Gail Previous Week Low: 114.75

Gail Previous Week Range: 7.55 Points

Gail share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 131.73
Resistance 2 127.02
Resistance 1 124.18
Support 1 116.63
Support 2 111.92
Support 3 109.08

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