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Arpit Goel

20th May 2025 · SEBI-Registered Analyst

GAIL
Technical View on GAIL GAS

The daily chart of GAIL (India) Ltd.

GAIL
shows a strong recovery from the March 2025 lows, forming a series of higher highs and higher lows along a well-respected ascending trendline. The stock has recently broken above minor consolidation, closing at ₹191.10 with positive price action (+0.85%) and relatively strong volume (21.79M), indicating renewed bullish interest. The next significant resistance lies around ₹213.40 — a key supply zone tested in late December 2024. A breakout above this level could open room for a move toward ₹230. As long as the price sustains above the trendline (\~₹185–₹188), the short-term outlook remains bullish.

#TechnicalViews
GAIL-EQ_2025-05-20_22-29-54.png
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