Monday, 8 September 2014

Oil and Gas Sector of New Bull Run -- We r very Bullish on OIL INDIA soon 4 digits

Hi Guys you know us we r known for our delivery picks. Last week we came with report on Tyre sector results in front of you. This time we are focusing Oil and Gas sector. As you all aware till October starting Government have to take decision on Gas Pricing which will give boost to Oil & Gas sector. Brent Crude today below 100$ after 2013. Which is very good for our economy. Subsidy burden also came down on upstream companies like Ongc and Oil India with the fall in Brent crude prices and Governments policy on petrol and diesel, We are very positive that Government may take decision on Gas Pricing. We like to bet on Oil India with Target 900/1200 with in 18 months time. 

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