GAIL Stock Breaks Above Descending Trendline, Potential Buy Opportunity for Traders

GAIL (India) Ltd's stock recently surpassed a descending trendline on weekly charts, indicating potential upward movement. Experts recommend medium-term traders with high-risk tolerance consider buying, targeting Rs 198 within 2-4 months and setting a stop loss below Rs 155. The stock formed a strong base near Rs 150 after falling 16% from its June 2025 high of Rs 202, closing at Rs 169 in late February 2026.