'Hold oil & gas stocks, momentum building up' - Economic Times

By
Viraj
on May 25, 2010 7:44 AM | | TrackBacks (0)
In a chat with Deepak Mohoni, Director, trendwatchindia.com, talks about the outlook of the oil and gas pack.

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The past 2 or 3 weeks have been pretty good for all the oil marketing companies with crude oil cracking. Now, the only question going ahead is if there is a global rally which starts up now, chances are that crude oil will start going up as well, which may quieten them down a bit. So, hold them for the moment. There is a fair amount of momentum building up in others stocks. Fresh buys for ups in other sectors may be a better idea. In a chat with Deepak Mohoni, Director, trendwatchindia.com, talks about the outlook of the oil and gas pack.

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This page contains a single entry by Viraj published on May 25, 2010 7:44 AM.

Sensex above 16600; oil & gas, power, metals gain - Economic Times was the previous entry in this blog.

India oil firms eye gas fields in Turkmenistan - Reuters India is the next entry in this blog.

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