Buy GAIL and Sell Petronet LNG. Petronet LNG should be sold into any rally.
GAIL at 415 looks 4-5% cheaper to Petronet LNG at 377.
Sell Petronet LNG in range of 382-385 target 373-375 and buy GAIL at 415 and on dip closer to 405-410 Target 425 and more.
Minimum Profit 4%