Is Sudden Fall in OIL and OIL Marketing Stocks a good opportunity to buy ?

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.

Buy ITC for the target of 345 in short term

Passive and low risk investors and traders can buy ITC at current market price of 315( today 25 June 2014 Price ) for the target of 345 in coming days or around two week time.
                                                              The stock is trading at very low levels and a huge upmove is warranted in the stock during budget session or nearing the quarterly result of ITC next month.

We recommend a buy on the stock for upsurge gain of approx. 15-20% from the current levels.

Yesterday 24 June 2014 Recommendation Analysis

• SBI Hit a high of 2705 today only.  Hold and wait for another good move
• Tech Mahindra hit a high of 2022 today only , hold for minimum target of 2100 in coming days
• WIPRO was a bit down today around 528 buy and see the levels of 560 around qtly result.

• Tech Mahindra Call of June hit a high of 32 and July of 43 good upsurge of around 20-50% in a single day.
• ONGC PE hit a high of 3.9 a good upmove of more than 30% from our recommendation price, moreover it made a low of below 2 today, hence if any one bought below would have doubled his capital today.

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