Equity Tips | Buy GAIL | TradeIndia Research

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Equity Tips BUY GAIL 490 CALL

ABOVE 7.50

Target1- 8.50

Target2- 10.20

StopLoss- 5.60.

Upcoming LNG facilities in USA and Australia will completely distort the global gas market equilibrium. We believe that gas prices will remain muted for a long period of time.

FY17 is proving to be a complete turnaround year for GAIL. There will be a boost in profitability across all segments led by (1) higher margins in petchem and LPG. Strong crude prices will lead to firm realisations for petchem and LPG.