NikunjPurohit

NikunjPurohit

Flag breakout Target 2250 Dollars

NikunjPurohit

Rockets?

NikunjPurohit

Nifty H&S

NikunjPurohit

1) Momentum and volatility divergence - double bottom at key Fib level 2) company will profit from removal of key tv channel from free dd dish 3) IN Fy19 company wrote down goodwill from videocon merger 4) price wont fall below 27.5

NikunjPurohit

1) Oil price and depreciating yuan should weaken other EM currency 2) Cup and handle and trendline B/o 3) Target 72

NikunjPurohit

1) SL 730 close 2) RSI support at 40 , channel movement and trendline support

NikunjPurohit

1) H&S b/o 2) testing neckline of H&S 3) TATA steel reported 25% revenue growth --- SAIL should also report good numbers 4) SL today's Low 5) USDINR going uo should support the prices

NikunjPurohit

1) Symmetrical triangle breakout 2) target 74 SL 88

NikunjPurohit

1) Momentum and price at resistance

NikunjPurohit

1) Triple bottom 2) RSI divergence 3) All consumption stocks have bottomed out 4) SL 660

NikunjPurohit

1) Resistance and RSI at 60 2 )SL 318.6 3) High OI buid up at 320 4) Videocon bankruptcy and Jet airways exposure will make NPA number worse

NikunjPurohit

1) At Support 2) Business extremely strong post USFDA celearance 3) Accumulation going on 4) Highest Oi at 480 at 500 -- SL 455 --- 1:4 RR 5) 1 hr RSI at 40 support

NikunjPurohit

1) Invert H&S 2) Support at trend line 3) Highest OI at 60 ; near term resistance 4) Dollar likely to strengthen due to crude oil supply tightness

NikunjPurohit

1) Delivery volume of 2 fall days were very less 2) trading at resistance 3) 1hr rsi shows divergence 4) Tomorrow there can be knee jerk rxn due to IT raid 5) Despite ending ties with Johnson, there wont be any impact on business as tech has already been transferred 6) SL INR 672

NikunjPurohit

1) no 1 player in DTH segment - up for sale 2) H&S pattern 3) Target 62-64 INR - there should be a bidding war b/w Reliance and Airtel 4) If Airtel is the buyer, CCI approval will be the key

NikunjPurohit

1) High OI build up at 760 2) Banks look weak in APril 3) Buy at dip

NikunjPurohit

1) Bullish engulfing at trednline 2) RSI not able to go over 61 3) open = high 4) Political linkage stock 5) High delivery percentage

NikunjPurohit

1) DOuble top with rsi divergence 2) doji at 60 on weekly Negative 1) news of capacity expansion 2) price rise in north region and co is relatively cheaper than peers