NikunjPurohit

NikunjPurohit

1) Flag breakout - can have rally of 500 pts 2) Results were good - 20% growth - strong order book - trades at -19-20x P/E 3) All subsidiary working at peak level

NikunjPurohit

30 year interest rate channel broke out. Are we staring at bigger equity crash like 1987 or 1930?

NikunjPurohit

Will this be a bear trap?

NikunjPurohit

1) Dollar index looks strong, got pull back from support 2) Increasing oil and gas export and china CAD shall increase dollar strength 3) Interest rate hike in dec shall also increase dollar impacting emerging market currency

NikunjPurohit

1) Average results - P/E at 80x 2) Making lower highs and lower lows 3) Sell below close of trendline low

NikunjPurohit

1) Bounce with double bottom from long term trendline 2) ok result with good accumulation ; currently at trendline 3) Fundamentally apollo tyre biz should have tailwind of lower rubber and crude cost - trades at 13-P/E 4) High sale of CVs in last 2 years will have stronger replacement demand which will have better margins

NikunjPurohit

1) Completion of elliot wave 2) Strong Volume near last wave 3) Break of trendline 4) Company performance has been strong with good order inflow -- co got derated due to lag in revenue booking and increase in cost of capital

NikunjPurohit

High OI Stock making lower lows Old plants so ebitda/tonne is also lower arounf INR 480/tn No trigger

NikunjPurohit

Rising on low volume and falling on high likely to face resistance at trendline

NikunjPurohit

Oil peaked out? Demand issue dominating supply squeeze?

NikunjPurohit

1) Broken trendline, tested it and again failed to hold it 2) Stock to experience sharp fall below 1080 close 3) Losing market share - result should be key trigger

NikunjPurohit

1) Head & shoulder on all time high 2) RSI oversold 3) CNX Auto at 52 wk low 4) Though volume no are good in CV side but price is not reflecting it --- are missing something? Are at peak of earning cycle or derating due to change in cost of capital 5) If crude goes upto 90-100$/bbl and INR to 80 then only stock can be shorted 5) In my view stock likely to bounce...

NikunjPurohit

1) Elliot wave complete 2) Stock at fibonacci level of 61% 3) RSI bounce 4) Other media stock like ZEE and TV18 also at support

NikunjPurohit

1) Has around 23000 Cr exposure to IL&FS 2) Formed double bottom - if it breaks down below- there can be a sharp fall!

NikunjPurohit

Can it touch 68 today ???

NikunjPurohit

1) Facing resistance at trendline 2) oil prices crossed crucial level of 80$, likely to got to 90-100$ 3)Made bearish candle at resistance with high volume

NikunjPurohit

Elliot wave in Motherson Sumi

NikunjPurohit

1) Volatility and volume divergence 2) Double bottom after downward trend