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Technicals for GAIL (India) Limited
By MusingTheNews
2026-02-02 20:34
Overall Technical outlook
Price Summary
On 2026-02-02, GAIL (India) Limited's stock began at 162.69, climbed to 162.69, dropped to 157.8, and had -1.41% to end at 160.39, with a volume of 17371772 shares. The highest price the stock achieved in the past 52 weeks is 200.09, while the lowest price it saw is 153.17. Analysts expect the price of GAIL to vary between 155.0 and 270.0, with an average expected price near 205.90323.
Technicals
Support and Resistance: The current price sits at 160.39, supported at 159.98 and capped by resistance at 167.89. These levels define a range for GAIL where the price might stabilize, with 159.98 as a floor and 167.89 as a ceiling. Support/Resistance for GAIL
Aroon: Aroon's bearish trend continues, with Aroon Down staying at the 100 level. This persistent downward pressure suggests further declines, but further analysis with other indicators is needed to confirm the trend's potential impact for GAIL (India) Limited. Aroon chart for GAIL (India) Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for GAIL (India) Limited
Parabolic SAR: The PSAR has reversed from bullish to bearish, signaling a possible trend change for GAIL. This shift could indicate a strong bearish signal if it aligns with other market indicators. Traders should monitor the situation closely and wait for further confirmation before making decisions. Parabolic Stop and Reverse chart for GAIL (India) Limited
Stochastic: The current reading of the STOCHASTIC is neutral for GAIL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for GAIL (India) Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for GAIL, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for GAIL (India) Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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