bse nse intraday calls tips oil and drilling stocks to buy

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Oil & Natural Gas Corporation Ltd.
52 week high - 1124
52 week low - 538.1
current market price - 681
Buying price - Its support is at 600, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level.
(It went down till Rs.587)
Taking into consideration Rs.587 as buying price following are the returns
80% Target acheived in month of 19 May 2009          (Updated - 22 May 2009)

Selan Exploration Technology Ltd.
52 week high - 329.9
52 week low - 109
current price - 125.30
Buying price - Its support is at 110, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level.
(It went down till Rs.99.10)
Taking into consideration Rs.99.10 as buying price following are the returns
76% Target acheived in month of 20 May 2009          (Updated - 22 May 2009)

Shiv-Vani Oil & Gas Exploration Services Ltd.
52 week high - 685.5
52 week low - 99
current price - 103.35
Buying price - Its support is at 95, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level.
(It went down till Rs.92)
Taking into consideration Rs.92 as buying price following are the returns
225% Target acheived in month of 20 May 2009          (Updated - 22 May 2009)

Aban Offshore Ltd.
52 week high - 4292.00
52 week low - 415
current price - 421
Buying price - Its support is at 350, after breaking this level further downside is expected. Watch this level and if possible try to buy below this level.
The support of 350 level is broken and currently the stock is trading at 250 level (It went down till Rs.228) (updated - 06 Mar 2009)
Taking into consideration Rs.228 as buying price following are the returns
338% Target acheived in month of 19 May 2009          (Updated - 22 May 2009)

Cairn India Ltd.
52 week high - 342.5
52 week low - 88.15
current price - 165.75
Buying price - Its support is at 140, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level. (It went down till Rs.140)
Taking into consideration Rs.140 as buying price following are the returns
65% Target acheived in month of 20 May 2009          (Updated - 22 May 2009)

GAIL (India) Ltd.
52 week high - 309.90
52 week low - 165
current price - 205.35
Buying price - Its support is at 185, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level.
(It went down till Rs.186)
Taking into consideration Rs.186 as buying price following are the returns
72% Target acheived in month of 20 May 2009          (Updated - 22 May 2009)

Hindustan Oil Exploration Company Ltd.
52 week high - 159.9
52 week low - 42.9
current price - 53.3
Buying price - Its support is at 40, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level.
(It went down till Rs.140)
Taking into consideration Rs.140 as buying price following are the returns
65% Target acheived in month of 20 May 2009          (Updated - 22 May 2009)

Jindal Drilling & Industries Ltd.
52 week high - 862.5
52 week low - 227
current price - 245
Buying price - Its support is at 200, after breaking this level further downside is expected. Watch this level and if possible try to below or at this level.
(It went down till Rs.212)
Taking into consideration Rs.212 as buying price following are the returns
141% Target acheived in month of 20 May 2009          (Updated - 22 May 2009)

Updated date – (22 May 2009) as we mentioned in the month of Feb 2009 to pick the stocks from Oil drilling and exploration sector, the results is in front of you. The Money got doubled in just 4 months. The stock prices are trading above 100% returns in the month of May 2009.
Reason – The crude oil prices recovered till 60 dollars.

Investors
Crude oil prices are going down day by day due to slow down in oil consumption all over the world. Consumption in oil is decreasing due to slow in economy and recession across most of the sectors.
The OPEC (organization of petroleum exporting countries) the group responsible for producing crude oil in the world has decided to cut the oil production in order to curb the decrease in oil prices.
The slow down is not going to stay here forever, so it is quite clear that oil prices are going to recover in coming future.
Currently the crude oil prices are at 40 US dollar per barrel, while they were at 150 US dollar last year during peak season.
Due to fall in crude oil prices the most affected sector is “oil drilling and exploration sector”.

Investors, how to approach towards this sector to take maximum returns?
If you are expecting excellent returns in next 1 to 3 years then you can plan to invest on stocks in this sector.
Going further once the crude oil prices starts recovering (which is expected in next 12 to 18 months) the oil drilling and exploration sector is going to be the leader in returns in the share market.

Following are the stocks which you can concentrate on.