Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Petronet LNG, Castrol India, GAIL India and Oil and Natural Gas Corporation (ONGC) which break out should persist. Although crude is now pausing but there is a sense that crude could go higher in the short-term. So, in Petronet whether crude or otherwise, there is a breakout and that breakout could be sustained."At 10:07 hrs Petronet LNG was quoting at Rs 184.00, down Rs 0.75, or 0.41 percent. It has touched an intraday high of Rs 189.00 and an intraday low of Rs 183.50.
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