Oil India Ltd emerged as the stock of the day with expert Anil Singhvi advising investors to consider buying Oil India futures, backed by promising sectoral and company-specific factors. His outlook highlights key technical levels and fundamental triggers positioning Oil India for potential gains in the near term.
Key Takeaways On The Trading Call
Anil Singhvi recommends buying Oil India futures with a stop loss placed at ₹405 to manage risk effectively.
Target price zones set at ₹415, ₹419, and ₹425 indicate expected upside potential from the current levels.
The call is supported by recent positive news including natural gas discoveries in the Andaman shallow offshore block by Oil India, signaling growth prospects.
Crude oil prices stabilizing around $90 per barrel add a favourable macro backdrop for Oil India’s earnings and momentum.
Technical And Market Insight
Oil India futures were noted for showing positive momentum, reinforcing buying interest especially after hitting support near ₹405. The trader’s focus on stop loss levels and profit targets emphasizes disciplined risk management and capitalising on technically sound entries. Anil Singhvi also contrasted his buy call on Oil India with a sell recommendation for L&T futures, demonstrating the broader market strategy of selective exposure.
Fundamental Triggers Supporting The Call
The announcement regarding natural gas resource recovery in the Andaman offshore area directly benefits Oil India’s production pipeline and potential revenue streams. Additionally, stable crude oil prices support improved earnings visibility and investor sentiment. These factors collectively enhance Oil India’s attractiveness as a mid- to long-term investment.
Sector Outlook And Broader Market Context
Energy stocks are gaining traction as global crude prices stabilize and demand forecasts remain firm. Investors continue to watch geopolitical developments and inventory data that influence oil prices. Oil India, with its integrated upstream focus in India, stands positioned to benefit from these sector tailwinds, aligning with Anil Singhvi’s bullish stance.
Source: Zee Business, Anil Singhvi (September 29, 2025), Market Data and Reports