Yes, Its not only good but an excellent opportunity to get into the oil and oil marketing stocks today as they have fallen due to delayed price hike in gas and other prices.
- Buy ONGC around 412 for short term positional call and target of 440
- Buy HPCL at 398 for the target of 421 as short term positional call
- Buy OIL India at 565 and hold for medium term of 3-6 months for the target of 750 plus.
The above can be taken as positional call and wait for a period to achieve the targets which these stocks will do in very short time frame.