Chennai Petroleum Corporation

Target 120

Posted by : Guest
Price when posted : BSE: Rs 109.25 ( 3.65 % ), NSE: Rs. 109.90 ( 4.52 % )

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Down target of 110 reached comfortably. Wait for new target at this web space next week....

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Target 120

Posted by : Guest

The new down target is 110.

Chennai petro downtarget=80....

Posted by : jdosvd
Price when posted : BSE: Rs 114.00 ( -2.06 % ), NSE: Rs. 113.85 ( -2.06 % )

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No this strategy is not advisable as with mounting losses dividend will be slashed/skipped.Do not go on any such strategies in this bearish market.Just wait and watch.Stock still has long way to go....

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Chennai petro downtarget=80....

Posted by : stkstudent

What if one does bottom fishing at lowest probable level, that will bring down the average price and also the dividend yield will improve, would you advise on this strategy ?

Chennai petro downtarget=80....

Posted by : stkstudent
Price when posted : BSE: Rs 116.40 ( -0.68 % ), NSE: Rs. 116.25 ( -0.64 % )

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What if one does bottom fishing at lowest probable level, that will bring down the average price and also the dividend yield will improve, would you advise on this strategy ?...

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Chennai petro downtarget=80....

Posted by : stkstudent

What if one does bottom fishing at lowest probable level, that will bring down the average price and also the dividend yield will improve, would you advise on this strategy ?

Target 120

Posted by : stkstudent
Price when posted : BSE: Rs 116.40 ( -0.68 % ), NSE: Rs. 116.25 ( -0.64 % )

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What you have stated about future dividends is more so based on your personal feeling. The company has good reserves to give bonus as in the case of GAIL and also track record w.r.t. dividend. Dividend yield is always one of the most important factors to take any investment decision. Dividends reveal the financial capability of a company and also its attitude of sharing the gains with the investors. ...

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Chennai petro downtarget=80....

Posted by : stkstudent

What if one does bottom fishing at lowest probable level, that will bring down the average price and also the dividend yield will improve, would you advise on this strategy ?

Chennai Petro

Posted by : stkstudent
Price when posted : BSE: Rs 116.00 ( -1.02 % ), NSE: Rs. 116.25 ( -0.64 % )

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In the present scenario, 6 month period seems too short. Even with your buy price the dividend yield works out to more than 7%, so why not keep holding until the stock reaches your desired target. You should take your own decision that meets your purpose conveniently and suitably. ...

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Chennai Petro

Posted by : fasttreck

Hi ! I purchase 500 shares of Chennai Petro for Rs.231.65. Can I wait for good price or exit ? I am ready to wait for 6months if I get good return.
Regards,
Siddharth

Chennai Petro

Posted by : fasttreck
Price when posted : BSE: Rs 120.70 ( -2.31 % ), NSE: Rs. 120.65 ( -2.51 % )

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Hi ! I purchase 500 shares of Chennai Petro for Rs.231.65. Can I wait for good price or exit ? I am ready to wait for 6months if I get good return.
Regards,
Siddharth...

Target 120

Posted by : Guest
Price when posted : BSE: Rs 136.60 ( -4.54 % ), NSE: Rs. 136.60 ( -5.14 % )

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The new down target is 110....

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Chennai Petro

Posted by : fasttreck

Hi ! I purchase 500 shares of Chennai Petro for Rs.231.65. Can I wait for good price or exit ? I am ready to wait for 6months if I get good return.
Regards,
Siddharth