Essar Oil

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  #1  
Old 25th June 2005, 01:57 AM
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Default Essar Oil



I bought Essar oil at 35.25 will it go up can i sell or hold it.
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  #2  
Old 25th June 2005, 11:32 AM
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gvdodia is on a distinguished road
Default Re: Essar Oil

Quote:
Originally Posted by kumaresan1
I bought Essar oil at 35.25 will it go up can i sell or hold it.
Hi kumaresan1

Essar oil @35.25 wait for short, exit near by 37-38.

-gv
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  #3  
Old 27th June 2005, 04:49 PM
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Default Re: Essar Oil

Hello,
This is my favourite stock but it is not going to up in near term (3-months) as you must have noticed they have asked their retailer to cut oil distribution becuase it was causing some crores lose every day. Better come out of it. Once their refinery isa up it is a buy.

Regards,
RD
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  #4  
Old 28th June 2005, 10:46 AM
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Default Re: Essar Oil

Hello,
I am checking its rate from 6 months .Still its in 30-35 range. Who knows some day it may go up
like Rolta which was in 75-80 levels from past 8 months.
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  #5  
Old 28th June 2005, 11:55 AM
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Default Re: Essar Oil

Hello,
Be logical guys in last few months they have been having loss of crores per day .. Obvioously next Q result would be bad so no sense in being there in this stock... Come out buy in once it touches bottom...

I expect it to go 26-28 range after next Q result.....



"Listen to everyone do what you believe in"

Bye
RD
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  #6  
Old 13th July 2005, 10:11 AM
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Default Re: Essar Oil

Finally Essar oil moved up
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