Steve Nison's Threads | Buzz Chronicles

Excel Industries - ⭕️⭕️

Understand how "price squeeze" works. Price contracting with a volume dry-up before a big bang. Right after the third squeeze, the price jumped up 20% in 3 days. Now, consolidating right at the top. Will it bounce back? Will see.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Tata Elxsi - DTB active after close above 4527.75 https://t.co/rO4f8hkPFF

Tata Elxsi - Daily I track this chart and waiting for a big kill in this. You have to act like a cheetah sometimes waiting for the weakest hit.

There are times when you must sit patiently to catch your prey. pic.twitter.com/CRoBHIetHE
— The_Chartist \U0001f4c8 (@nison_steve) August 10, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Balaji Amines - Further upside. Keep trailing. It was expensive at 1500 and it is expensive at 3500++

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

I follow SL for my long term positions based on weekly previous swing lows. I am out if it gets hit.

So, I am least worried in these minor dips as manier times it will give you opportunity to add more of your favorite names.

LEARNING \u2b55\ufe0f\u2b55\ufe0f\u2b55\ufe0f

Balaji Amines -

An explanation of how trailing stop loss works. With every base formation, the stop loss level is moved up thereby locking profits. Stop-loss can be placed via GTT Orders.

Assumption - Trading on a weekly scale pic.twitter.com/hojzClLOhg
— The_Chartist \U0001f4c8 (@nison_steve) April 7, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

@SAnngeri Many books - Edwards & Magee, John Murphy, Richard Schabacker, Richard Wyckoff and etc.. then practice along with it. Practice and cash trading with small money is the best teacher

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Targets opening up - 5620 & 5835

Divis Labs https://t.co/SpDzdp7iag

Keep an eye
Keep an eye

Divis Labs pic.twitter.com/05EcisjaXI
— The_Chartist \U0001f4c8 (@nison_steve) October 12, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Navin Fluorine - Two base formations with no further selling. A volume pump after three squeezed candles with minimal volumes. Bullish setup after 3900++ closing.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Jubilant Ingrevia - I always look for bullish candlesticks at major support/resistance points. Here is a beautiful bullish Morning star right at the trendline support after a brief selling for three days. https://t.co/feSXlVhoya

Also on my radar for today:

1. ACE (Entry already done & SL is 230)
2. Jubilant Ingrevia (SL 550) - stock re-tested support pic.twitter.com/3S9UdDhhHL
— The_Chartist \U0001f4c8 (@nison_steve) July 29, 2021

Steve Nison
@nison_steve

Atul Ltd - still showing strength with consolidation right at the top. However, near the upper channel boundary.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

I have done that for many including Dixon, Lauras, Deepak nitrite, Tata Elxsi, Tanla & many more. It is time for you to look for common characteristics among the winners. It would be a great learning experience.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

The only time you should average is when a stock bounces back from the breakout level after your initial buy at breakout candle. Rest always must think of pyramiding. - Every next buy price should be higher than the previous purchase price.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Infoedge (Naukri) - same concept as discussed below. https://t.co/cZkt56WlVx

Deepak Nitrite -

Doji Candles - Textbook - Indecision/Confusion amongst bulls and bears.
Practically - no bulls and bears - only smart money and retail investors

Few back to back doji - price being kept in a tight range to accumulate/distribute before an upcoming news pic.twitter.com/GckekXtgDu
— The_Chartist \U0001f4c8 (@nison_steve) September 9, 2021

Steve Nison
@nison_steve

Greaves Cotton - the stock is consolidating right before all-time high levels. there is no selling whatsoever. when the stock comes down, volumes are negligible and vice-versa. 20 EMA giving support. Perfect candidate for a low-risk trade. https://t.co/glpEBc2gHJ

Can a breakout be anticipated? Also stop loss is must in this scenario. - Greaves Cotton pic.twitter.com/zYVKfKy4rt
— Steve Nison (@nison_steve) July 6, 2021

Steve Nison
@nison_steve

Ashok Leyland - Heading slowly towards ATH and beyond. Despite the slow move in Auto Index, few stocks are really showing some great strength on an individual basis. Don't let the Index deceive you.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Precision wires - I think they are doing something great & therefore being accumulated. Can you see the big green bars of volume at the bottom and there is no selling whatsoever on down candles. A perfect pattern I look for. This one is getting interesting.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

Deepak Nitrite - What if I say you that it still has a potential to go 2x even from here considering the capex being planned?

Steve Nison
@nison_steve

Max Healthcare - Chart for learning purposes.

D: no positions.

Steve Nison
@nison_steve

JBM Auto - Learning ⭕️⭕️

How about this price contraction and big volume pump thereafter? Do you even need any indicators or need to mug up patterns? Price and Volume will tell the complete story. The more cleaner the chart, the better is the picture.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

United Spirits --- The route opened for 1100 & 1280

Updated chart. 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

Steve Nison
@nison_steve

Nifty Metals - index breaking out. Ignoring noise is the key to gain maximum returns.

Authors Steve Nison