Before entering the oil companies you should always have the crude prices at the back of mind as lower crude prices is the mantra to enter in oil companies in India.
Keep eye on OMCs (HPCL, BPCL, IOC)
Underowndership, valuations comfort, and a sharp fall in crude oil may lead to 15-25% upside from here.
Underowndership, valuations comfort, and a sharp fall in crude oil may lead to 15-25% upside from here.
Keep stop loss of 5% for any buying positions.
Trade daily using our Bank Nifty tips for today and you will be making good profit as we trade options and it requires very less capital.
