Resistance and Support levels for Pipavav Defence and Offshore Engineering Company

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

BUY for Medium and Long Term

Resistance: 85 / 99 / 114 / 139 

Support : 64 / 51 /31 

Risk takers with a timeframe of 1 to 2 days can BUY the stock at current levels with a target of 75.00 and a stoploss between 60 and 65.Prefer trailing stoploss.

Also go to the following link:

http://www.business-standard.com/article/companies/mahindra-may-acquire-30-in-pipavav-to-make-defence-foray-115021100469_1.html