ONGC can head upto Rs 1,250-1,300: ASHWANI Gujral

Technical Analyst, Ashwani Gujral is of view that Oil & Natural Gas Corporation, ONGC looks most positive that could be headed back to about Rs 1,250-1,300.

Gujral told CNBC-TV18, "I think crude has much further to go so in energy if I assume that you are talking about oil stocks, they at least have further 10-15%, I think Bharat Petroleum Corporation, BPCL could easily go up to Rs 360, Hindustan Petroleum Corporation, HPCL could trade back up to Rs 275-280 and Oil & Natural Gas Corporation (ONGC) looks most positive that could be headed back to about Rs 1,250-1,300."

Disclosures: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.