Steve Nison's Threads | Buzz Chronicles

Laurus Labs - nothing wrong till now on charts. Comfortably placed above MA with minor retracements. the Target of 1035 is intact.

Laurus Labs - Initial Target 895

Steve Nison
@nison_steve

Deepak Nitrite - Bought more of them. Weakness below 1820.

Steve Nison
@nison_steve

IEX - soaring ahead in terms of business potential. A great platform stock to own. Power trading is only to increase in India.

D: holding in personal portfolio.

Steve Nison
@nison_steve

Hikal - for me a high conviction bet now as buying volumes are high and stock is retesting the support. SL 495. Buy zone 525-535

Steve Nison
@nison_steve

@SAnngeri Gujarat Gas - had this beautiful contraction till May 31st pump and thereafter the price moved up. Now, consolidating near 20EMA. Perfect for a low risk-entry set up with a strict SL.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

David Larry (2003) - Trading Explosion Breakaway Gaps

How to trade Breakaway Gaps?

First of all - identify a Breakaway Gap by looking at price breaking out with a gap wherein no shares exchanged hands. If you look at the attached chart of NELCO, you can see one on 12th August.

Nest step - wait for few sessions to look for "if the gap is filled or not" and simultaneously look for "PIVOT LOW".

What is pivot low? It is a candle that is surrounded by two candles on either side with higher lows. Ideally, this should be your stop-loss point. Candle 2 is PL

What about the entry? Entry is taken when the right side candle's high next to the Pivot point candle is knocked out. (buy when high of candle 3 is crossed with a stop loss below low of candle 2)

Steve Nison
@nison_steve

Syngene - a long route opened. 1%*3 PnF

Steve Nison
@nison_steve

Tata Elxsi - seems now also a good low-risk trade to me. However, as a cardinal rule would add on the breakout. For 20 MA followers, it is a good point to enter with a SL few percentages below MA.

Steve Nison
@nison_steve

Rashtriya Chemicals & Fertilizers RCF -

a chart that caught my attention immediately. My favorite horizontal range with volume contraction. Will wait for breakout/breakdown in this. Lots of big green candles in the range. On radar.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Laurus Labs - I will look forward to add more of it in my investment portfolio between 570-590 zone as it coincides with my 30 MA principle on weekly chart.

Plan your investments as per your risk appetite.

Steve Nison
@nison_steve

CDSL - Learning.... ✅✅

I believe 5-10 stocks are enough for a retail investor to achieve super performance. And with small capital, there is no point in buying 20/30 names which doesn't even get appropriate initial capital.

Stock: CDSL

CMP - 516.95. Low risk setup. Weak below 500. Target open. Stock retesting the ascending triangle BO line. Kindly check please. @nishkumar1977 @Rishikesh_ADX @VijayThk @kuttrapali @Thekalal @PAVLeader pic.twitter.com/PlcpOMsdnz
— Steve Nison (@nison_steve) December 16, 2020

Steve Nison
@nison_steve

IEX Indian Energy Exchange - ⭕️⭕️

although a must-have portfolio stock. Faced resistance right at the upper channel boundary. Volumes high. Any retracement back to the lower boundary will be an opportunity to accumulate. https://t.co/5uDsUXsbPP

IEX - the resistance turning support. Kindly review, please. @nishkumar1977 @suru27 @rohanshah619 @indian_stockss @sanstocktrader @BissaGauravB @RajarshitaS @PAVLeader @Rishikesh_ADX @VijayThk @Investor_Mohit @TrendTrader85 pic.twitter.com/7CCzmee5If
— Steve Nison (@nison_steve) December 18, 2020

Steve Nison
@nison_steve

Tata Elxsi - resting before the next move. Keep it on your radar. https://t.co/IooKK2EYpy

Tata Elxsi (W) - near to the resistance zone again 5th time. @nishkumar1977 @suru27 @rohanshah619 @indian_stockss @sanstocktrader @BissaGauravB @RajarshitaS @PAVLeader @Rishikesh_ADX @VijayThk @Investor_Mohit @TrendTrader85 @jitendra_stock pic.twitter.com/aIC5kO8XqA
— Steve Nison (@nison_steve) December 18, 2020

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

HDFC AMC - what Nicolas Darvas discussed at length about his box theory.

Steve Nison
@nison_steve

Praj Industries - keep on the radar. Price is telling something. Smart money most probably pushing out. Strict SL needed. Volatility contracted.

Steve Nison
@nison_steve

@nishkumar1977 ✅✅💯

Steve Nison
@nison_steve

Laurus Labs - Double top buy will be activated above closing of 690. Target still active: 895 (1%*3 box size and reversal)

✅✅ https://t.co/MtJOLfpzYj

Laurus Labs - I am waiting till 3:15 PM to get confirmation of closing above 700 to add more of it in my portfolio. \u2705\u2705 pic.twitter.com/UxZCuxhuIX
— Steve Nison (@nison_steve) August 9, 2021

Steve Nison
@nison_steve

Borosil Renewables - Patterns like these must be looked at carefully and must be kept on the radar. Herein price is contracting which generally signifies shifting of hands (from weak to strong). If you go wrong, the risk is limited in these.

Steve Nison
@nison_steve

Deepak nitrite

Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p

Tata Elxsi ---

In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
— Steve Nison (@nison_steve) June 30, 2021

Steve Nison
@nison_steve

A general guide to position sizing for beginners. There is nothing new which I am sharing. Everything is already in the public domain or many books elsewhere.

Authors Steve Nison