FIRE IN OIL COMPANY "STOCKS"

LAST FRIDAY JUNE 25 TH ALL OIL COMPANIES ROSE LIKE ROCKET IN THE LAST ONE HOUR TRADE. GOVERNMENT HAS NO WAY BUT TO HIKE THE PETROLEUM PRODUCTS TO KEEP THEIR BUDGET SMOOTH.
THIS REALLY CREATED PANIC BUYING IN BPCL,IOC & HPCL AND IN REVERSAL IN ALL BANKING STOCKS AS I WROTE BEFORE ON INFLATIONARY REPORT . HIKE IN FUEL PRICE WILL MAKE OUR INFLATION EVEN MORE WORSE AND AS RESULT OF THIS RBI MIGHT MAKE SOME SEVERE RATE HIKE TO CONTROL THE INFLATION RESULT WILL MAKE.

"BANK NIFTY TO FALL TO THE LEVEL OF 9100-8900 LEVEL"