Prakash Gaba of prakashgaba.com told CNBC-TV18, "The structure of Gujarat Pipavav Port is weak, so it is coming down. Keep a stoploss below Rs 125. If it does not break, it might go up from here and very good chance it can climb to somewhere closer to around Rs 180 zones. So one just hold with a stoploss and add if it crosses Rs 150 zones; then it tells you that it is going up."
At 15:10 hrs Gujarat Pipavav Port was quoting at Rs 134.55, down Rs 0.65, or 0.48 percent.
The share touched its 52-week high Rs 179 and 52-week low Rs 121.20 on 05 April, 2017 and 26 December, 2016, respectively.
Currently, it is trading 24.83 percent below its 52-week high and 11.01 percent above its 52-week low.
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