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Selan Exploration is a good company in oil and gas sector as it is operator to several well know oil exploration companies...currently it has also bid for independent oil and gas blocks under NELP-VI am not sure whether they have got any blocks or not.

It has fallen a lot from its high of around 110....it will come down to 75 which I think is the right level to enter and hold for short term.

Results of selan exploration looks impressive and given its performance in the past, its going to furhter improve:

Selan Exploration Technology has posted a net profit of Rs 2.67 crore for Q2 September 2006 compared to Rs 1.81 crore for Q2 September 2005. Net sales rose to Rs 6.26 crore from Rs 4.79 crore.

2007-01-08 23:20:04 · answer #1 · answered by Big Bull 1 · 0 0

buy signal@70 tgt 100 SL 75

see urself it free on aptistock

details on my blog

2007-01-08 15:57:03 · answer #2 · answered by dinu_pawar 5 · 0 0

dunno

2007-01-08 00:01:57 · answer #3 · answered by amazed !!! 4 · 0 0

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