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
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.
— The_Chartist \U0001f4c8 (@nison_steve) October 11, 2021
Otw to 235 & 285 https://t.co/JgvNjKT3al pic.twitter.com/9NY2Y6ZFHT
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
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
— The_Chartist \U0001f4c8 (@nison_steve) July 30, 2021
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
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
Lal Path Labs - IH&S can also be a continuation pattern. The stock is in a constant uptrend. You should always be biased for a 'buy' in these counters.
— The_Chartist \U0001f4c8 (@nison_steve) August 4, 2021
Two consecutive Double top buys in PnF 1%*3 Box size and reversal.
D: holding in the investment portfolio. pic.twitter.com/ckvJXHg2hy
Selling candles big? No
Are they doji/spinning tops? Yes
Price in narrow range? Yes
Previous volumes while buying high? Yes, so if someone bought huge, he is still sitting
What's going on? Weak hands booking profits.
IEX - Updated chart https://t.co/GABkSthg5L
Indian Energy Exchange (IEX) - because you missed the 1st BO maybe at 200/300/400/500 therefore, your brain will keep on saying you - "now it is expensive" but it will keep on going up troubling you more. Perfect trait of a marathon runner. Follow the price with SL. pic.twitter.com/cKH3vnG05l
— The_Chartist \U0001f4c8 (@nison_steve) September 28, 2021
IRCTC - Learning?
— The_Chartist \U0001f4c8 (@nison_steve) September 5, 2021
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
A clean and clear chart posted in August.
Updated chart. https://t.co/HCnRuWvIpO
United Spirits Ltd - Monthly Log Scale \U0001f37b pic.twitter.com/kj7jXr8moE
— The_Chartist \U0001f4c8 (@nison_steve) August 18, 2021
