𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫

#Engineer | #trader | #investor.
#index trading and investing |
Views are for leaning only.

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#nifty dow update

Today is Friday and weekly closing is very imp today.

Recent dow top - 16584

A closing above it today will trigger fresh long term investments.

PE ratio ->

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

A thread on #nifty #dowtheory update
Its been 33 weeks since previous dow top breakout and NF is currently up by 17.38%.
Last week NF has formed a new dow bottom so SL is now shifted upwards to 𝟏𝟔𝟗𝟖𝟓.
If we get weekly closing below it, we should review long term investments.

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

Twitter showing its been 6 years on twitter for me.
I was actually active since 2018 only. #Twitter helped me met @KA_charts Abhilash bhai, from whom I learned a lot of things (specially #indexinvesting).
#MyTwitterAnniversary

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

@investwithtribe Thank you but I am not interested now. will let you know in future.

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#Nifty made high of 17348. 100 points recovery.
17300ce moved from 28 to 73 (2.5x).
Facing resistance at vwap now (BNF too).

#nifty50 #niftyoptions #OptionsTrading #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#nifty intra view.
17225 is good support, if it holds above it, expecting a recovery towards 17325/360.

#NIFTYFUTURE #niftyOptions #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

@KA_charts @OmkarBanne @VicennialRes @indian_quant @lalitkmundhra @finkarmaIN @chartians @StockEngineers_ @mandageakash 😑😑

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

@OmkarBanne @KA_charts @VicennialRes @indian_quant @lalitkmundhra @finkarmaIN @chartians @StockEngineers_ @mandageakash Happy birthday bhai (belated) 🎂
Opened twitter just now after 2 days.

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#nifty intra view.
17225 is good support, if it holds above it, expecting a recovery towards 17325/360.

#NIFTYFUTURE #niftyOptions #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#CNXIT hit target 2 today.
more than 4% returns since mentioned.

holding #ITBEES for long term view, expecting 10% move from here as well. (not soon but eventually).

#niftyIT #Investment #StocksToBuy #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#NIFTYIT is giving v good long opportunity
Breakout from the range & closed above it.

#ITbees can be bought rather than individual stocks. CMP 29.69
Expecting 10-14% upside from here.

Short term Tgt - 29070/29830
Mid/long term Tgt - 31500/32750

#CNXIT #investing #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#banknifty gave good recovery from 2nd support zone and closed above 38K.

Upside targets are now open. (i.e. 38400/38800), will add longs in dip till 37770-800.
SL will be at 37620 (15m candle close).

#Tradeplan #banknifty #BANKNIFTYFUTURE #optionbuyer #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

37632 day low so far.

#banknifty

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#kotakbank already gave breakout.
any dip towards 1850 will be a buy opportunity for 1950 and higher levels.
SL 1825 DCB.

#stockstowatch #stocks #TradewithVK

[The Chartians @chartians]

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[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#SBIN trading in 100 points range since Nov last year.

breakout from the range will open upside for another 100 points from here.

#PSUbanks #stockstowatch #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#PNB

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

37632 day low so far.

#banknifty

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

37900-975 is good resistance zone for #banknifty
expecting some downside (profit booking) from here (view invalid if 38K is broken).

Lower levels - 37750 / 37665 / 37400.
37400 is v imp support zone.

if it breaks 38K and hold above it, 38400 & 38800 will be next targets.

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

@HoreshSemwal Thanks but I didn't join new group as I'm unable to manage time for that.
You can reach me in Twitter DM anytime if you have any queries.
👍

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#CNXINFRA if we get a closing above 4930, this will be a trend change.
4958-67 gap zone might act as a small resistance.
Above it we shall see 5000 / 5245 levels.

#infra #niftyinfra #stockstowatch #TradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

37900-975 is good resistance zone for #banknifty
expecting some downside (profit booking) from here (view invalid if 38K is broken).

Lower levels - 37750 / 37665 / 37400.
37400 is v imp support zone.

if it breaks 38K and hold above it, 38400 & 38800 will be next targets.

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

weekly chart

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

#niftyjunior have imp resistance at 40640 (which is 0.618 retracement level).

I have already invested in it thru bees (based on #nifty dow top breakout).

lets wait for a closing above it to buy more.

#indexinvesting #niftynext50 #investing #invest #rradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

Pvt banks is quite similar case to PSU banks.
wait for dip or closing above resistance.

#NIFTYPVTBANK #stockstowatch #tradewithVK

[𝐕𝐢𝐧𝐢𝐭 𝐊𝐮𝐦𝐚𝐫 @VinitMalik07]

PSU banks already gave some rally from breakout. Today closed at resistance.

I will attempt buy on dips towards 2720/2700 levels or will wait for closing above 2850.

#cnxpsubank #psubank #stockstowatch #tradewithVK