Steve Nison's Threads | Buzz Chronicles

Pidilite Industries - seldom I see a stock respecting a channel for almost years. Here in one of the example of Pidilite's channel since 2016

Steve Nison
@nison_steve

Vidhi Speciality - I always have bullish bias for chart patterns formed during the upward journey of a stock. One of the finest example.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Repeating - the stocks that are relatively stronger than Nifty or against their respective sectors for the past THREE MONTHS will keep on performing well for the subsequent 9-12 months. A study was also done by Mebane T. Faber. The study is available for free on the Net as a pdf.

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@nison_steve

Updated chart - IRCTC https://t.co/P8mUr9jmFK

IRCTC - Learning?

Runaway Gaps are traded like flag & pennant patterns. The price move before the gap is projected upwards for the price target. Here the target comes out to be 3230. https://t.co/QuKrekfHG3 pic.twitter.com/WHZG3hkTLJ
— The_Chartist \U0001f4c8 (@nison_steve) September 5, 2021

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The_Chartist 📈...
@nison_steve

I never buy a stock below 200 MA & 50 MA. 50 should be above 200. I need to confirm the stock is in an uptrend before I analyze it further. I prefer to run separate screens and then find unique names which fulfill the criteria

Second screen is RS>80
Third: EPS Qtr & Annual ⬆️

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

United Spirits - How beautifully chart patterns work on a monthly scale, too. I was bullish on this for the reason that it is coming out from a very strong tight consolidation zone. https://t.co/rdjPmgFN7d

United Spirits (McDowell) - I will not wait for the monthly closing and will take an entry in this with an SL at 690. I lose almost nothing in lieu of the potential reward. https://t.co/HCnRuWvIpO pic.twitter.com/echxv0Aav0
— The_Chartist \U0001f4c8 (@nison_steve) September 2, 2021

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@nison_steve

Tata Power - kindly check the attached tweet for price targets. They not only guide us for the next step but also act as considerable resistance whil;e an up move.

Updated chart. https://t.co/KthjKtf6yk

Tata Power - no one was reading my tweet back then but I was still sharing my charts after I joined Twitter.

Otw to 235 & 285 https://t.co/JgvNjKT3al pic.twitter.com/9NY2Y6ZFHT
— The_Chartist \U0001f4c8 (@nison_steve) October 11, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

IEX - Added more in investment portfolio today. Perfect bounce back from the support. https://t.co/pACw24we1d

IEX Indian Energy Exchange - \u2b55\ufe0f\u2b55\ufe0f

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 pic.twitter.com/Y6ZIXiwWUq
— The_Chartist \U0001f4c8 (@nison_steve) July 20, 2021

Steve Nison
@nison_steve

Bajaj Finance - consolidating nicely at all-time high levels after an IH&S breakout. Stocks in a strong uptrend must always be looked at from a bullish perspective with every pattern formation. Waiting for a nice breakout here.

$The_Chartist \U0001f4c8$

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@nison_steve

RPG Life Science - The best for today seen till now. Something going on in here. Keep an eye, track it & save this one. Watchlist.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Jubilant Foodworks - Super-strong uptrend. The perfect trait of a marathon runner- Those holding the stock will find it difficult to digest the profits and those intending to buy will always find it expensive. :)

Steve Nison
@nison_steve

Syngene - Same concept. Price contraction. Shift from weak to strong hands through repeated volatility contractions. I can well write one whole page explanation on it. Look at the volume pump today. A big hand will never let you ride with him. Make sure you are there at the party https://t.co/RN8sQYzdBg

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. pic.twitter.com/iqyoeslZjy
— Steve Nison (@nison_steve) July 12, 2021

Steve Nison
@nison_steve

Tata Elxsi - ✅✅

The key to stupendous portfolio gains is to ride the winner of your portfolio to the maximum level. Keep pyramiding. Look at the winners of your portfolio before finding a new trade.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Titan - After achieving the rectangle target, done with the next minor target of 1920 successfully. Updated chart. https://t.co/rhvYNfqpUI

Titan - beautifully on track. Rectangle target done. And now one minor saucer target of 1920. https://t.co/t2OQLibJIs pic.twitter.com/tM5hiLg99e
— The_Chartist \U0001f4c8 (@nison_steve) August 22, 2021

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@nison_steve

Deepak Nitrite

Understand the concept - whenever you see price squeeze with volume contraction of this level, you will not get another chance to buy the stock at pullback. The character of a strong BO is that retailers won't be able to buy it. https://t.co/2Qq4pilmd8

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 pic.twitter.com/hwYIoRxazl
— The_Chartist \U0001f4c8 (@nison_steve) July 30, 2021

Steve Nison
@nison_steve

Deepak Nitrite - Heading towards Cup & Handle target of 2270. Let us see how to goes. https://t.co/BY7v6zGzv3

Deepak Nitrite - watchlist for pyramiding. Low risk-setup. pic.twitter.com/Thi6EFWZvW
— Steve Nison (@nison_steve) June 30, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

HDFC- how is it going now. Updated chart. Pure Price Action https://t.co/t8kbB7ExWF

HDFC - might pull back till 2620. A good risk-reward setup with a SL below 2560. I have entered with 2.5% capital only as large caps have a tendency of slow moves. pic.twitter.com/wpdGLPPLGe
— The_Chartist \U0001f4c8 (@nison_steve) August 5, 2021