Buy BPCL in next few days: Ashwani Gujral

In an interview with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com shares his views about OMCs.

What is your call on OMCs?

BPCL has rallied from 450 right up to 650 so that is a 40% rally. You get a little worried when these stocks rally so much because crude is still at 121.

While it is okay for a couple of days I would not ask people to get in and buy around here because 670 is a fairly strong resistance. It had dropped from those levels, so if you got in earlier probably in next few days would be good time to take some profit.