Nishant Kumar's Threads | Buzz Chronicles

Authors Nishant Kumar

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Nishant Kumar
@nishkumar1977

#GraphiteIndia 758

Needs to hold this level at close for the pattern to stay

Nishant Kumar
@nishkumar1977

#GraphiteIndia 735

730 zone is Fib resistance If we get a weekly close above that tomorrow then 860+ would open

Nishant Kumar
@nishkumar1977

In the last commodity Bull cycle of 2001-08, the commodity index moved from 145 to 475, a rise of around 3X.

We are at 186 which is historically at very low levels. A rise to levels last seen in 2008 and even more would make #Commodities a lucrative

Nishant Kumar
@nishkumar1977

I know I'm sounding ridiculous but #SAIL can do a 4 digit mark in next 3-4 years!!

CMP 120

Nishant Kumar
@nishkumar1977

#CopperFUT 4.55

It's getting very very interesting out

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Nishant Kumar
@nishkumar1977

#Crude is going to hit a very important long term resistance. Let's see how it reacts once it reaches that $75 mark. Contrary to popular belief, rising crude is infact good for the stock markets. It signifies economic revival and renewed energy

Nishant Kumar
@nishkumar1977

#Reliance 2105

Doing a triangle in Wave

Nishant Kumar
@nishkumar1977

#MaithanAlloys 958

C&H breakout on daily charts

Needs a daily close above 952 to sustain this BO

Cup depth is roughly 250 points

https://t.co/1xdN77D2vY

Trade at your own conviction!

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Nishant Kumar
@nishkumar1977

#CopperFUT 4.52

Can fall some more till 4.43 where it would find strong support and the next advance

Nishant Kumar
@nishkumar1977

#HindCopper 158

BO on daily charts above 165 would open up

Nishant Kumar
@nishkumar1977

#Praj 307

Can correct some more till 300-305 where it would find support

Daily RSI is already in Oversold

Nishant Kumar
@nishkumar1977

#HindCopper 170

Breakout zone marked on the

Nishant Kumar
@nishkumar1977

#BHEL

https://t.co/xdxVAMmmTi

Nishant Kumar
@nishkumar1977

#MaithanAlloys 780

Facing resistance from channel top
725 good support for any pullbacks

https://t.co/fodabd9gqi

Nishant Kumar
@nishkumar1977

I would not want to prolong my stay in #TataSteel

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Nishant Kumar
@nishkumar1977

#NeulandLabs 2004

Most of the rally seems to have played out. One last push towards current highs with a divergence in RSI might just be

Nishant Kumar
@nishkumar1977

@_Dheeraj_G Distribution would usually accompany a price rise with lower volumes and falling RSI

Accumulation would see high delivery volumes, strength in RSI whereas price consolidates with a negative bias

Nishant Kumar
@nishkumar1977

#MaithanAlloys 701

Still time for month close but needs to push and close above 700

https://t.co/CNlF8cQxhR

Long term trend is very much up!!

It's a monthly chart so please don't ask my view every few days!

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Nishant Kumar
@nishkumar1977

#Praj 324

325 zone is a good support

Positive divergence building on 120 Min time frame

Bounce should be coming

Nishant Kumar
@nishkumar1977

There are 2 more days to this week but if the current trend is maintained then #HindCopper may close above 130 on Friday. Price is yet to breakout but RSI has already broken out. Let's review on weekly