According to Aditya Birla Money, traders can sell Essar Oil Future below Rs 124.60 with a closing stop of Rs 128 for a possible target of Rs 120-117, in its July 15, 2011 research report.
IIFL is bullish on Essar Oil and has recommended buy rating on the stock with a target of Rs 130 in its July 14, 2011 research report.
LKP is bullish on Essar Oil and has recommended buy rating on the stock with a target of Rs 168 in its July 12, 2011 research report.
LKP has come out with its report on oil & gas space with valuation on MRPL & Essar Oil.
Aditya Birla Money is bearish on Essar Oil and has recommended sell rating on the stock with a target of Rs 130/126 in its January 7, 2011 research report.