!! SAI PARSADAM!! NEWS UPDATED

Monday, February 18, 2013

19/02/2013 STOCKS NEWS

PARSADAM VIKAS PARSHURAM SAMWATSARE GROUP

The days of lofty oil prices are numbered and the price of Brent Crude oil is set to fall 30 percent to $80 per barrel by the end of the year, according to Robert Levitt, CEO and founder of U.S. wealth manager Levitt Capital Management.

Levitt says that increased supply of U.S. shale oil combined with the resolution of transportation issues should ease upward pressure on oil prices.

A study by PricewaterhouseCoopers (PwC) released on Friday meanwhile predicted that the global boom in shale oil production will shave up to 40 percent off oil prices by 2035 and boost global gross domestic product by 3.7 percent over the same period.

Shale oil - also known as kerogen oil - is an unconventional form of oil extracted from shale rock formations, only made possible in recent years through technological breakthroughs.

According to Levitt, the impact of increased shale oil supply has been drastically underestimated by markets.

"Oil prices are coming down and we could see them as low as $80 by the end of the year. This will not be because of an economic collapse like we saw in 2008, but because there is so much shale oil coming out of the U.S. and this phenomenon is not well understood.

BUY BUY IN FALLING MARKET

FMCG----------PHARMA-------MEDIA

OMC---------AUTO----------BANKS

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Capital Goods..........Metal............Infra.........Commodities

All Above Sector's Stock Not To Cross High of 2007-08 In

Next 5-10 Years.

Yessssssssssssssssssssssssssssssssss

Sensex Can Go 60000--100000 But Forget Teji

In All Above Sector .

Yesssssssssssssss

TIme to Time Corrective Rally Can Happen In All Above Sector.

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