Prakash Gaba of prakashgaba.com is of the view that one may hold Gail India for long term.
Prakash Gaba of prakashgaba.com told CNBC-TV18, "A long term holder, can continue to hold Gail India. Short term holder, take the money off the table, and enjoy your money. If you want to re-enter, place to re-enter is around Rs 440 if it comes there."
GAIL India ended at Rs 488.80, down Rs 11, or 2.20 percent on the BSE.
The share touched its 52-week high Rs 518 and 52-week low Rs 327.34 on 28 December, 2017 and 18 January, 2017, respectively.