Book 32.90% Profit in CONFIDENCE PETROLEUM INDIA LTD

This is the 30 th profit booking of this blog.

All profit bookings are above 25% to 188%

See past performance of this blog tips here

Past Profit Booking of My Penny Share

CONFIDENCE PETROLEUM INDIA LTD buying recommendation is made @2.75 on  09.09.2014 New readers please read this article here

Confidence petro @2.75

Now price of CONFIDENCE PETROLEUM INDIA LTD is 3.65 so we get 32.90 % return in last one year.

Special note from Mahesh Kaushik:- Profit booking does not mean that rally in this stock is over.

generally we book profit in a penny share if our holding period is above 1 year and stock is traded above 25 percent profit. If you do not want profit booking here then hold your stocks with appropriate stop loss of 25 % profit.

Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of CONFIDENCE PETROLEUM INDIA LTD so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( CONFIDENCE PETROLEUM INDIA LTD). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not not received any type of compensation from the subject company(CONFIDENCE PETROLEUM INDIA LTD) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( CONFIDENCE PETROLEUM INDIA LTD). 6. I have been not engaged in market making activity for the subject company(CONFIDENCE PETROLEUM INDIA LTD).