Oil Stocks come back to lime light for aggressive traders in Options ~ bulls$treet

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Oil prices firmed in early trade today,but were went for their first weekly losses in three weeks as worries about inflation and China's COVID lockdowns slowing global growth outweighed concerns about dwindling fuel supply from Russia.

Brent crude futures were up 97 cents, or 0.9%, at $108.42 a barrel at 0008 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed $1.00, or 0.9%, to $107.13 a barrel.

Both benchmark contracts were, however, on track to post declines for the week, with Brent set to drop more than 3% and WTI more than 2%.

The market is continuing to be pushed and pulled by the prospect of a European Union ban on Russian oil sapping supply and concerns about demand being dented by weaker global growth, inflation and China's COVID curbs.

nflation and aggressive rate rises have driven the U.S. dollar to 20-year highs, which has capped oil price gains because the strong dollar makes oil more expensive for buyers holding other currencies.

continue to focus on the prospect of a European Union ban on Russian oil, after Moscow imposed sanctions this week on European units of state-owned Gazprom and after Ukraine stopped a gas transit route.

Oil stocks focussed today and rest of the days in next week:

Oil

GAIl

IOC

Petronet LNG

Guj.Petronet

ONGC

BPCL

HPCL

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T.A.Vijey

T.A.Vijey, who started his journey in Indian equity markets with just Rs 1000/- in 1981 started picking multibaggers at his school days. His investments have given him a return of 1000% and even more.. A self-made man who loves writing books when he is not analysing Q.Nos from the balance sheet or media news. He learned his biggest lesson of life during the Harshad Mehta crash, Ketan Parekh scam and Satyam computer crash which is trading in equities. T.A.Vijey has been known for his "Option trading" with his own strategies in option trading which could create a huge amount of wealth for investors in derivative market. He has mastered the knack of standing out from the crowd to provide a lateral view of the markets. Although, he has most of his investments in penny stocks,midcap and smallcap stocks. Vijey is qualified with masters degree in Engineering from NIT,also qualified with NISM,NCFM and certified as market professional by National Stock of Exchange of India, and he has rich market experience of over 40+ years and has founded ‘bullsStreet’ which is now managed with a team of engineers from National Institute of technology and Anna university His first investment was an IPO where he was allotted 100 shares of Caplinpoint which was issued at par Rs. 10/- but reached a high for trading at Rs. 1000/- (which translates into a return of 9000%). The first worthwhile multibagger investment by Vijey was in SAIL at around Rs. 3.35 which gave him huge profit while it was climbed to Rs 285/- level. His few multibaggers stock picks include names like SEinvestments at Rs. 19 which reached over Rs 1000/-along with bonus shares of SEpower, Eicher motors at Rs. 16- which reached over Rs 36000/- and many more, Natco pharma which returned nearly 20x, Panclothing consolidated 45x, Ashok Leyland 900x to name a few.SELMC recommended at Rs 1.35 reached above Rs 1706 in one year.Ruchisoya recommended at Rs 17 reached Rs 2500 in few months.Jaicorp recommended at Rs 15 reached Rs 15000 in one year. He loves trading in option segment and metals in commodity segment.He has his own trading strategies known as ‘twin snakes method’ which will be ideal trading tricks for Nifty and Bank Nifty futures trading. He conducts online / correspondence courses for potential investors who wish to make money in Option trading. He also gives higher level trading tips through whatsapp in 'bullsStreetCasino' in which double money profit,triple money profit,mini jackpot & occasional jackpot profit tips may be given to subscribers of 'bullsStreetCasino'

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Oil Stocks come back to lime light for aggressive traders in Options

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