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Technicals for GAIL (India) Limited
By MusingTheNews
2025-04-25 20:34
Overall Technical outlook
Price Summary
GAIL's shares experienced a significant -3.24% crash, indicating a poor market performance. GAIL (India) Limited's stock began trading at 193.0 on 2025-04-25, soared to 194.67, dipped to 184.88, and finished the day -3.24% down at 186.74, with 9790518 shares exchanged. The stock's highest value over the last 52 weeks is 240.97, and the lowest value is 153.17. The future price of GAIL is anticipated to range from 155.0 to 270.0, with an expected mean price of 213.87097, according to the recommendations of 31 analysts.
Technicals
Support and Resistance: The price for GAIL at 186.74 finds support at 186.32 and resistance at 196.41. This suggests a trading range, where 186.32 serves as a support level and 196.41 acts as a resistance point, potentially capping further gains. Support/Resistance for GAIL
Aroon: The AROON is currently in a neutral position for GAIL (India) Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for GAIL (India) Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for GAIL (India) Limited
Parabolic SAR: The PSAR for GAIL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for GAIL (India) Limited
Stochastic: The stochastic indicator for GAIL reflects the K-line moving below the D-line, though it stays above 80, hinting at the potential beginning of a bearish price move. This setup suggests that the market's strength may be diminishing, with a possible downturn ahead. Traders should be on alert for further bearish confirmation. Stochastic chart for GAIL (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for GAIL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for GAIL (India) Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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