CNX energy
index is looking ripe for an excellent breakout. Reader may remember that I had
given a buy call on Oil and gas sector on 3rd January 2013. Since then
stocks are already up by 15%. One can buy Reliance industries (860), ONGC (303),
HPCL (330) and IOCL (296) at current levels for a 20% – 30% upside in next six
months.
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