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#1
20th January 2007, 09:53 AM
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Gulf Oil
hai all, Gulf Oil after a sharp fall has been consolidating for a long time and is now poised for a sharp uptrend. so watch out and accumulate . see attached chart.
Last edited by ravi1967 : 20th January 2007 at 09:54 AM. Reason: spelling correction 
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#2
20th January 2007, 11:18 AM
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Re: Gulf Oil
thank you very much for your timely infromation ravi sir. thanx a lot.
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#3
20th January 2007, 03:59 PM
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Re: Gulf Oil
What about fundamendals or is it a technical only
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#4
20th January 2007, 04:39 PM
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Re: Gulf Oil
There is a real estate play in gulf oil. I have no idea how their oil business is doing.
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#5
20th January 2007, 06:00 PM
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Re: Gulf Oil
ravi sir, can you plz tell what will be the target for Gulf oil corp for a short term profit. also plz tell me the best level to buy the Gulf oil corp shares.
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#6
20th January 2007, 06:59 PM
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Re: Gulf Oil
this a pure technical call with some amount of real estate play. recently the holdings of hindujas in Netherlands has been transfered to a front company in Mauritius ( tax free ) . This company( Old name IDL ) has secured orders from coal india to a tune of nearly 800 crores. Investment holding is nearly 48 lakh shares in Indus Indbank.Real estate play is
1. Holds nearly 800 acres near New Hyderabad Airport. 2. IT park already constructed and will add revenue 3. SEZ formalities over 4. The recent ban on acquiring new land for SEZ is positive for this company as they already own industrial land. There was a large uptrend and the stock has hit a bottom, and moving side ways, as seen in the charts. so the chances are positive breakout to touch a new high. A request to other seniors is to have a detailed technical review of this stock. please add your comments and analysis, so that the SL targets and Exit targets can be inferred . My ideal holding period will be 6 months, with exit in June 2007. bye
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