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.
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