Thursday, October 8, 2009

We may see some action on Oil n Gas Sector

Crude Oil prices are firming up. Bonus announcement by the RIL will see some positive sentiments for Oil and Gas sector. GSPL has support at 77 and resistance is at 87. Cairn has support at 252 and resistance at 275-290.
Our ideas Renuka Sugar, HOEC and Sesa Gao had out performed the market . Balrampur Chini is also showing strength with support at 125 and resistance at 160 . Hindalco has support at 115 and resistance at 155-16

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