Update on Gas Marketing stocks. Continue Holding GAIL, IGL, Petronet LNG.
Buy Gail 480 and on dips towards 460. Target 550. SL 450. 3 months.
Buy IGL 1010. Target 1250. SL 950. 3 months.
Buy Petronet LNG. Strong Break above 405-410. Target 450. 1 month. SL 390.
Target 550. SL 360. 6 months.
IGL and Petronet LNG to remain top picks and out-performers.
Continue Holding Petronet LNG shares. Target price of 440 intact. Fresh Buying seen above 400.
Customs duty on LNG halved to 2.5 per cent. Look out for Petronet LNG, IGL and Mahanagar gas.
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