In continuation of my earlier view on Axis Bank , the inside bar didn't gave any breakout and formed a perfect doji
doji inside an inside bar signifies indecision and congestion. its like a compresses spring going to be unleashed.
A possible way to make the most out of it would be
in equity or futures
buy above 441
sell below 419
In options
buy a 410 PE and 450 CE
you can put the stop-losses as per your risk appetite and book profits as per your convenience
earlier idea a day before, today doji was formed
Thanks Happy Trading
doji inside an inside bar signifies indecision and congestion. its like a compresses spring going to be unleashed.
A possible way to make the most out of it would be
in equity or futures
buy above 441
sell below 419
In options
buy a 410 PE and 450 CE
you can put the stop-losses as per your risk appetite and book profits as per your convenience
earlier idea a day before, today doji was formed
Thanks Happy Trading
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.