OptimaltradeX

OptimaltradeX

HDFC seems to have established a support zone around 1370 since November 20th. Whenever the market reaches this level, there tends to be an uptrend. My strategy is to consider buying when it reaches this level, as it could be a good opportunity for accumulation. If it breaks the support at 1290, I'll consider buying there as well.

OptimaltradeX

The Nifty50 projection for February 8, 2024, provides an indication of the potential performance of India's top 50 companies in the stock market, but it's essential to remember that predictions may not always be accurate. Investors should approach forecasts with caution and conduct their own research before making investment decisions. Market trends can be...

OptimaltradeX

The IT sector is showing signs of a rounded bottom formation and is poised to break out soon, with a focus on IT stocks recommended.

OptimaltradeX

BF Utilities has recently broken out of a six-month consolidation phase, accompanied by a Double bottom pattern formation and an increase in volume.

OptimaltradeX

Based on my earlier analysis, the Nifty is precisely advancing after retesting the neckline of the inverted H&S pattern. The target is set at 22450.

OptimaltradeX Updated 

Nifty create inverse chalu pattern in the 15 minutes time frame. I think nifty has Rita is successfully completed and have to move on the bullish mode.