Traderji,
Thanks for your recommendation. I would appreciate if you could comment on the following.
PSU refinary stocks HPCL, IOC and BPCL changed trend recently. Smaller refinaries have been in uptrend for some time - notably Chennai Petro, Bongaigaon, Kochi. Two questions -
1. What is your opinion on risks due to govt policy? e.g. subsidies. (I lost some in IOC earlier after a negative commentary on subsidies by analysts)
2. On both fundamental and technical terms, is BPCL the best of the lot - for 3-6 month horizon?
Regards,
-- Milind